upcoming events

Nov 2019
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28
VIETNAM SUPPLY CHAIN LOOKOUT 2020
Thu - 28/11/2019
Status: Active
WOMEN IN THE SUPPLY CHAIN: HOW FAR HAVE WE COME?
Thu - 28/11/2019
Status: Active
29 30

Survey

1. What do you consider the largest Risk for your company?

2. What are the Risk Mitigation Strategies you apply?

Submit

Galleries

This event is open for all professionals interested or currently working in Starups in Hanoi, or supply chai professionals in Hanoi, or who are interested in looking for business collaboration for U.S. market through meeting with a delegation of Baylor University (U.S.), Executive Master Program.

CAREER OPPORTUNITIES

SOURCING / BUSINESS DEVELOPMENT MANAGER - FERGUSON GLOBAL

Ferguson Global is seeking a Sourcing / Business Development Manager to assist in our Southeast Asia sourcing expansion. This position will report directly to our Regional Manager based in Taiwan and work closely with our staff at Ferguson Enterprises, LLC headquarters in Newport News, VA, USA.

PROJECT MANAGER - ALCON SINGAPORE

The Project Manager (PMO) is a highly visible role that is responsible for driving the transformation activities for Singapore Replenishment Center (SRC) and 3rd party service providers’ warehouses migration from current location to a new location. This leader will lead cross-functional internal and external resources and has overall accountability of the execution and performance of projects and transformation initiatives.

WAREHOUSE OPERATION MANAGER - MAERSK

Manage DC daily operation activities at warehouse facility. To ensure strict execution of the SOP and meet KPIs.

VN runs trade deficit of $3.6b

2015-08-31 08:42:47

Share with friends
HA NOI (VNS) — Viet Nam's trade deficit rose by around US$200 million in August to stand at $3.6 billion in the first eight months of this year, according to the latest update of the General Statistics Office.
 
Le Thi Minh Thuy, Director of GSO's Trade Department, said the slowdown in exports, especially due to the slump in crude oil export value, coupled with rising imports, resulted in the widening of trade deficit.
 
The country's total export value reached $106.2 billion in the first eight months of this year, representing an increase of 9 per cent over the same period last year. The total import value grew at 16.4 per cent during the period to $109.8 billion.
 
Statistics showed that crude oil exports in the first eight months of this year were 6.189 million tonnes, worth $2.73 billion, decreasing by only 0.6 per cent in volume but nearly 49 per cent in value due to the plunging world prices.
 
Many export products of Viet Nam also registered a fall in exports. For example, seafood products fell by 16.6 per cent to $4.177 billion and rice by 11 per cent to $1.812 billion.
 
Coffee exports dropped by 32.4 per cent in volume and 32.8 per cent in value to 876,000 tonnes and $1.802 billion, respectively.
 
Rubber, despite registering an 11 per cent rise in export volume to touch 632,000 tonnes, posted a decline of 10.3 per cent in value to $921 million.
 
These products faced an oversupply in the world market, weighing down on the prices and competitiveness of Vietnamese products.
 
Notably, the trade deficit came entirely from the domestic economic sector which exported $31.6 billion and imported $44.667 billion worth of goods.
 
The foreign direct investment (FDI) sector continued to run a trade surplus of $9.4 billion in the eight-month period.
 
Mobile phones and components were the country's major export products with a turnover of $19.9 billion, up 31.3 per cent, followed by garment and textile products with an turnover of $15.14 billion, up 10.9 per cent and footwear products with a turnover of $8.75 billion, up 20.9 per cent.
 
Viet Nam mainly imported machinery and equipment, worth $18.9 billion and up 33.4 per cent, electronic components and computers, worth $15.1 billion and up 35.1 per cent. 
Source: vietnamnews.