Sign up | Log in



Home  >>   Daily News  >>   Vietnam News  >> Trade  >> Trade surplus rises with Japan
NEW UPDATES Asean Affairs   18 December 2013  
Trade surplus rises with Japan

Vietnam experienced a trade surplus of US$1.8 billion with Japan over the past 11 months, surging 33 per cent over last year, according to the General Department of Customs.

Statistics indicated that two-way trade between Viet Nam and Japan topped $22.94 billion in the reviewed period, representing a modest increase of 2 per cent.

Of the total, $12.37 billion came from Vietnamese exports, up 4 per cent year-on-year, with its key items including crude oil, clothing, machinery and equipment, seafood, wood and wooden goods, electronics and components.

Meanwhile, Viet Nam's imports from the world's third largest economy slumped slightly by 0.5 per cent to $10.57 billion.

Japan remains one of Viet Nam's most important trade partners, accounting for 10 per cent of the country's total import-export turnover.

Bilateral trade between the two nations has risen by an average 17 per cent per year from only $8.5 billion in 2005 to $24.7 billion in 2012.

During a recent conference in HCM City, Deputy Minister of Industry and Trade Ho Thi Kim Thoa predicted that trade and investment relations between Viet Nam and Japan would see strong growth in 2014 and 2015.

Thoa said the Viet Nam-Japan Economic Partnership Agreement that took effect in 2009 has reduced tariffs and contributed to an increase in trade, adding that over the next 10 years, under the agreement, tariffs would gradually decline to zero.

Up to 95 per cent of Viet Nam's exports to Japan would enjoy tax reductions, while the corresponding figure for Japan would be nearly 88 per cent.

Preferential tariffs would be reserved for seafood, farm produce, textiles and garments, steel, chemicals and electronic spare parts.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories   18 Decenber 2013 Subsribe Now !
• Thai bourse announces SET indices semi-annual review results Subcribe: Asean Affairs Global Magazine
• Election commissioner firm on Feb 2 general election Asean Affairs Premium
• Protest leader: Political reform first, election later
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• RI’s economy to grow 6% in 2014: VP
• Trade surplus rises with Japan
 Asean Analysis                    18 December  2013 Advertise Your Brand
• Asean Analysis-December 18, 2013
The Little India Riot in Singapore Or Mutual Respects Needed to Root Out Similar Riots in Singapore
The Biweekly Update
• The Biweekly Update  December 13, 2013
• Asean Analysis-December 18, 2013
Four screens market in Malaysia totaled USD 3.86 billion in first ten months of 2013: GfK
Asean Stock Watch     17 December  2013
• Asean Stock Watch-December 17, 2013

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


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






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2017 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand