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July 16, 2008

Vietnam: Chinese imports in Jan-April stood at $5.8bn
Vietnam spent over 5.8 billion U.S. dollars importing Chinese goods, including steel, machines, fertilizers, cloth and petroleum products in the first four months of this year, the trade ministry said Tuesday.

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

Vietnam also imported 925,376 tons of fertilisers totaling $401.5 million, $203.7 million dollars worth of computers, electronics products and their components, and 134,021 tons of petroleum products valued at $128 million from China.

The two-way trade between Vietnam and China rose to $15.85 billion in 2007 from $10.42 billion dollars in 2006, according to Vietnam's statistics.

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