Viet Nam-Singapore trade increases to $13b
25-01-2014 21:05:47+07:00
Viet Nam-Singapore trade increases to $13b
The two-way trade between Viet Nam and Singapore increased to US$13.11 billion in 2013, 10.7 per cent higher from a year earlier, according to the Singapore Department of Statistics.
During the reviewed period, Viet Nam exported $3 billion worth of goods to Singapore, an annual increase of 36.5 per cent, while its imports rose 5.1 per cent to $10.74 billion.
Among Viet Nam's main exports to Singapore are machinery, equipment and spare parts ($477 million), telephones and components ($468 million) and crude oil ($295 million).
The Trade Office at the Vietnamese Embassy in Singapore forecast bilateral trade would continue to expand this year.
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