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NEW UPDATES Asean Affairs  29 April 2014  



Mobile phones top exports list

HA NOI — Mobile phones and components have garnered the top position in Viet Nam's exports with a turnover of US$7.7 billion during the first four months of this year.

As reported by Dau Tu (Vietnam Investment Review) newspaper, the General Statistics Office of Vietnam has forecast export turnover of $12.2 billion in April, a 23.2 per cent increase as compared to the same month last year.

Exports of the foreign direct investment sector, including crude oil, alone reached $30.4 billion, recording a 17.2 per cent increase as compared to the same period last year.

The statistics showed that processed and assembled products are still the main exports. Textile ranked second with a turnover of $5.9 billion, followed by footwear with $2.9 billion.

Exports of other products have also shown an increase in comparison with the same period of 2013. Seafood reached $2.2 billion, up 32 per cent as compared to the same period last year.

Coffee gained $1.6 billion, a 29.5 per cent increase, while wood and wooden products reached $1.9 billion, with an increase of 22.4 per cent in comparison with the same period of 2013.

In the first four months of 2014, the total export turnover is estimated to reach $45.7 billion, experiencing an increase of 16.7 per cent in comparison with the same period of 2013.

Meanwhile, Viet Nam's imports are forecast to reach $12.6 billion in April, contributing a total amount of $45.1 billion in the first four months of this year. It has seen an increase of 13.7 per cent as compared to the same period last month.

Imports of foreign-invested sector are forecast to reach $26.3 billion, experiencing an 18.2 per cent increase in comparison with the same period last year.

April's trade deficit is forecast to reach $400 million, and the trade surplus in the first four months of 2014 is estimated to reach $683 million.

Trade surplus of foreign-invested sector, including crude oil, reached $4.1 billion, experiencing an increase of 11.5 per cent in comparison with the same period last year. However, the trade deficit of domestic enterprises is $3.4 billion, recording an 18 per cent decrease as compared to the same period in 2013.



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ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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