November 20, 2008

Vietnam imports USD 5.8 billion worth of Chinese goods

Xinhua reported that Vietnam spent over USD 5.8 billion importing Chinese goods including steel, machines, fertilizers, cloth and petroleum products in January to April 2008 period.

Vietnam’s Trade Information Center under the Ministry of Industry and Trade said between January to April, Vietnam imported more than 1.8 million tonnes of steel products worth over USD 1.3 billion, nearly USD 1.2 billion worth of machines, equipment, tools and spare parts and USD 433.3 million worth of cloth from China.

According to Vietnam's statistics, the two way trade between Vietnam and China rose to 15.85 billion dollars in 2007 from 10.42 billion dollars in 2006.