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Viet Nam-Malaysia trade on the rise

Nov 24th at 17:07
24-11-2012 17:07:06+07:00

Viet Nam-Malaysia trade on the rise

Two-way trade between Viet Nam and Malaysia in 2012 is expected to increase by 4.5 per cent year-on-year to top US$7 billion, according to forecasts from Viet Nam's Commerce Office in Malaysia.

During the first 10 months of this year, bilateral trade registered nearly $6.53 billion, up 21.1 per cent over the same period last year, the office said.

Of the sum, $3.76 billion came from Vietnamese exports including crude oil, rubber, rice, computers and spare parts, coffee, seafood, steel and machinery and equipment.

During the period, Viet Nam imported $2.77 billion worth of goods from Malaysia, representing an annual rise of 25 per cent .

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