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Viet Nam-Brazil trade to reach $3b in 2014

Apr 2nd at 11:08
02-04-2014 11:08:07+07:00

Viet Nam-Brazil trade to reach $3b in 2014

The two-way trade between Viet Nam and Brazil crossed US$490 million in the first two months of this year, up 122 per cent year-on-year, according to the General Department of Custom's statistics.

Of the total, Viet Nam's exports comprised $216 million, a yearly rise of 53 per cent, while its imports saw a significant increase of 244 per cent to reach $275 million.

Experts have forecast that the bilateral trade will likely reach $3 billion by the year end if further trade promotion programmes and business conferences in both countries were conducted.

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