Vietnam imports 8.3 billion USD of equipment from China

Vietnam paid 8.27 billion USD on importing equipment and machines from China in the past 11 months of 2016, according to the General Department of Customs.
Vietnam imports 8.3 billion USD of equipment from China ảnh 1Illustrative image (Source: life.edu.vn)
 
Hanoi (VNA) - Vietnam paid 8.27 billion USD on importing equipment andmachines from China in the past 11 months of 2016, according to the GeneralDepartment of Customs.

InNovember, the nation imported 930 million USD in Chinese equipment andmachines, the largest out of 45 major goods items importing from China.

Theimport value in November from China had a year-on-year increase of 1.4 percent,and China was the largest supplier of equipment and machine for Vietnam,accounting for 33 percent of Vietnam’s total import value of those products.

Inparticular, total import value of equipment and machines from China was higherthan the total value of 48 major goods items imported from the US at 7.78billion USD in the first 11 months.

Thegeneral department said China was also the largest supplier of all goods itemsfor Vietnam with a total import value at 45.06 billion USD during 11 months.

Vietnamimported from China 5.51 billion USD worth of telephones and their components,computer and electronic products and their components worth 5.36 billion USD,cloth worth at nearly 5 billion USD, and iron and steel worth at 4.01 billionUSD.

Ofwhich, import value of telephone and its components from China to Vietnamreduced sharply by 944 million USD year-on-year in the first 11 months.

Instead,the Republic of Korea was the largest telephone supplier in Vietnam, with a totalimport value at 7.94 billion USD in the 11 months, a year-on-year increase of26.3 percent.

Inthe 11 months, Vietnam had total import value of about 157 billion, ayear-on-year surge of 3.7 percent, according to the general department.

Ofwhich, foreign direct investment enterprises imported goods worth at 92.75billion USD in total, a year-on-year increase of 3.5 percent during 11 months.However, in November, import value of FDI enterprises reduced slightly by 0.4percent to 9.5 billion USD. – VNA
VNA

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