(CPV) - As the world's economy continued to face difficulties because of the global economic downturn, the Vietnam - Singapore bilateral trade relations grew strongly in 2013, with significant achievements.
According to the Singapore Department of Statistics, two-way trade turnover between Vietnam and Singapore reached USD13.1 billion in 2013, a 10.7 percent rise over a year earlier. Of this, commodity exports to Singapore were valued at USD3 billion, up 36.3 percent, while import value from Singapore amounted to USD10.7 billion, up 5.1 percent.
Among Singapore’s commodities exported to Vietnam, made-in-Singapore products were worth USD4.85 billion, up 4.1 percent, while re-exported products from the third countries reached nearly USD5.89 billion, up 5.9 percent.
Major export commodities to Singapore included machinery, equipment, devices and accessories (USD477 million), telephones and components(USD468 million), and crude oil (USD295 million). Vietnam imported from Singapore commodities of petrol and oil (USD1.78 billion), machinery, equipment, devices and accessories (USD790 million), books and newspapers (USD580 million).
Commercial Affairs of the Vietnamese Embassy in Singapore said that the two-way trade turnover in 2014 will continue its growth impetus of the previous year (5.6 percent in 2012 and 10.7 percent in 2013). Meanwhile, Vietnam’s export turnover to Singapore will increase sharply after reaching 34.6 percent in 2012 and leaping to 36.3 percent in 2013./.
Đăng ký: VietNam News