Exports to Spain increase sharply in recent years

Jun 23rd at 13:33
23-06-2012 13:33:19+07:00

Exports to Spain increase sharply in recent years

Two-way trade between Viet Nam and Spain has increased rapidly in recent years, according to the Import Export Department under the Ministry of Industry and Trade.

The country earned US$1.1 billion from exports to Spain in 2010 and $1.55 billion in 2011, up 39.96 per cent.

According to the department, in the first two months of 2012 alone, the export turnover to Spain hit $275.98 million, a year-on-year increase of 34.43 per cent. As a huge market, Spain needs large quantities of garments and textiles, footwear, household commodities and seafood, which is a big advantage for Vietnamese businesses

vietnamnews



NEWS SAME CATEGORY

Eco initiatives put forward at Rio+20

Deputy Prime Minister Nguyen Thien Nhan has put forward initiatives on goals of sustainable development, establishment of regional green economy centres and...

Indonesia wants VN to invest in seafood

Indonesia is seeking Vietnamese investment, especially in the fishing and seafood processing sectors in which it has great potential.

FDI drops 60% in Ho Chi Minh City

Industrial parks and export-processing zones in Ho Chi Minh City have attracted US$202.29 million worth of both direct and indirect investments in the first six...

VN one of the world’s hottest economies: report

Vietnam is amongst 29 nations that are expected to be the world’s fastest growing countries in the next two years, according to Business Insider, the economic...

State firms key actors in restructuring

National Assembly Economic Committee deputy chairman Nguyen Duc Kien sheds some light on Vietnam’s growth perspective and what state firms should do to ensure the...

VND61 trillion needed to develop the nation’s fisheries

Vietnam’s fishery sector requires nearly VND61 trillion to implement its development strategy to 2020, claimed participants in a seminar in Hanoi on June 22.

Vietnam not most attractive retail market, but remains very potential

Vietnam has delisted from the most 30 attractive retail markets in the world in the latest report released by A.T Kearney. However, it remains the market with great...

Export values rise in farming, forestry, fishing

Export value of the farming, forestry and fisheries sectors saw a year-on-year increase of 14 per cent to around US$13.6 billion in the first half of this year...

HCMC: 1,500 businesses stop social insurance payments

A high percentage of employees and businesses withdrew from social insurance participation in the first five months of this year, said the director of HCMC Social...

Southern province earns over $530m from exports

The southern province of Tay Ninh made US$121 million in exports during May, lifting export turnover for the first five months of this year to $533 million, up 33...


MOST READ


Back To Top