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NEWS UPDATES Asean Affairs   1 August 2013  

Vietnam trade with Taiwan grows

HCM CITY — Bilateral trade turnover between Vietnam and Taiwan reached US$5.4 billion in the first half of the year, a year-on-year increase of 4.7 per cent.

Bui Hoang Yen, deputy director of the Viet Nam Trade Promotion Agency's representative office in HCM City, said that Taiwan continued to be one of the country's major trade partners.

Speaking at a trade promotion event organised on Monday in HCM City, Yen said that Vietnam earned $1.03 billion from exports to Taiwan, up by more than 11 per cent compared to the same period last year.

Meanwhile, the country's import value stood at about $4.4 billion, a year-on-year rise of 13 per cent.

According to Yen, Viet Nam imports mostly steel, iron and cloth from Taiwan, while exports are mainly garments and textiles, rubber and seafood.

At the event, more than 40 companies from new Taipei City showcased their products, including those in the fields of green technology, information technology and software. Support industry products were also displayed.

"This is a good opportunity for companies from Vietnam and New Taipei City to find out about each other and to embark on new projects," Yen said.

Taipei officials at the event said they welcomed Vietnamese businesses and encouraged them to take part in trade promotions in Taiwan.

The annual event is organised by the Taiwan External Trade Development Council (TAITRA), a non-profit trade and investment promotion organisation.


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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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