(VOV) -Ho Chi Minh City hosted a November 22 seminar designed to encourage cultivating trade ties between Vietnamese enterprises and their colleagues in the Republic of Korea (RoK).
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Vietnam is one of the RoK’s largest and important trade partners with last year’s two-way trade turnover exceeding US$21 billion..
Vietnam’s October RoK market export turnover totalled US$5.49 billion—up 25% compared to October 2012—whileOctober imports rose 40% toUS$17.26 billion.
Vietnam exports textiles and garments, crude oil, coal, seafood, and timber to RoK customers. Its imports include computers, electronics, machinery, and automotive tools.
Vietnamese enterprises used the seminar to promote products made in Vietnam and discussed ways for exporters to narrow the country’s trade deficit with the RoK.
Korean Importers Association Chairman, Shinn Tae-Yong noted the 8,000 importers from his association are responsible for over 80% of the RoK’s imports.
Korean companies have become interested in Vietnam’s raw agricultural materials, processed food, handicrafts, and household furniture, he said.
Shinn Tae-Yong believes the seminar offers both countries’ business communities a chance to contribute to raising bilateral trade turnover by expanding mutually beneficial trade and investment relationships.
Đăng ký: VietNam News
