Sign up | Log in



Home  >>   Daily News  >>   Vietnam News  >> Trade  >> Vietnam - South Asia 2013 trade turnover reached US$6.2 billion
NEW UPDATES Asean Affairs  31  January 2014  

Vietnam - South Asia 2013 trade turnover reached US$6.2 billion

Vietnam's total trade turnover with countries in South Asia last year reached US$6.2 billion, posting a 30 per cent increase over the previous year.

Figures from the Ministry of Industry and Trade's market department for Africa, West Asia and South Asia showed that bilateral trade between Viet Nam and the region had a higher growth rate than others.

Viet Nam's export turnover to the region was estimated at $3.25 billion, increasing 35 per cent against 2012's imports worth $2.95 billion, representing a 20 per cent year-on-year increase.

In the region, India was Viet Nam's largest trade partner, with an average export turnover growth rate of 40 per cent in the past five years. Since the signing of the ASEAN-India Trade in Goods Agreement (AITIG), the two countries' trade turnover saw a continuous increase.

Viet Nam's key exports to India have been diversified with increased value.

Vietnamese industrial products including telephones, spare parts, machines, computers, electronics and their accessories accounted for a high percentage of exports to India.

The total export turnover of these products last year was $1.5 billion, accounting for 70 per cent of the country's total exports to India.

Export turnover to Pakistan also saw an average rise of 20 per cent per year in the period 2011-12. Pakistan mainly imported tea, pepper, seafood, cashew and steel from Viet Nam, with turnover of $181 million, increasing 4 per cent in comparison with the year 2012.

Pakistan's exports to Viet Nam saw a 34 per cent decline over the previous year as Viet Nam reduced imports of products that serve the garment and textiles, leather shoes and cotton industries.

Statistics from the General Department of Customs also revealed that last year's total bilateral trade turnover between Viet Nam and Sri Lanka had reached $155 million.

Viet Nam's staple exports to the country were cotton, rubber, electric cables, mobile phones and spare parts. Its imports included cattle food, materials for making leather shoes, and pepper.

For Bangladesh, Viet Nam's total export turnover last year was more than $500 million, surging 42 per cent over 2012. All of the exported items including cotton, garments and textiles, machines and spare parts saw an increase in the growth rate.

However, investment co-operation between Viet Nam and the region was still limited in comparison with other regions.

By the end of last year, India had 77 projects invested in Viet Nam, with total capital of $250 million, while Sri Lanka had 9 projects; Pakistan, 10 projects; and Bangladesh, 2 projects.

Vietnamese businesses invested in only three projects in India, with total capital of $860,000, and invested in one project in Bangladesh.

Viet Nam and countries in the region have targeted strengthening their multi-faceted co-operation efforts in the future to better exploit their full potential

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    January 31, 2014 Subsribe Now !
• Staunch protester Suthep throwing anti-election hook Sunday Subcribe: Asean Affairs Global Magazine
• Vietnam, Laos boost information cooperation Asean Affairs Premium
• Adaro Energy affects ratings of subsidiary Adaro Indonesia
Research Reports
on Thailand 2007-2008

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

• India urges more trade action
• Vietnam - South Asia 2013 trade turnover reached US$6.2 billion
Asean Analysis                    31 January 2014 Advertise Your Brand
• Asean Analysis-January 31, 2014
U.S. Spying a Threat to Global Climate Deal
Asean Stock Watch     30 January 2014
• Asean Stock Watch-January 30, 2014
• Asean Analysis-January 30, 2014
Cambodia: Latest crackdown on peaceful dissent further perpetuates impunity and fuels tensions

The Biweekly Update
• The Biweekly Update  January 24, 2014

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 © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand