Vietnam's largest partner in Southeast Asia



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July 26, 2018, 11:43 Hanoi, July 26 (Prensa Latina) Vietnam has become China's leading partner in the Association of Southeast Asian Nations. East (ASEAN) after its trade was close to 66 billion dollars in the first half of the year

Hu Suojin, trade advisor of the Chinese Embbady here, said today During a press conference, the Indochinese nation moved Malaysia to the top of the chapter.

Buy and sell transactions between Hanoi and Beijing exceeded $ 10 billion a month, he said, and reached a peak of $ 11.2 billion in June, much more than In Malaysia (nine thousand three hundred million).

Vietnam has become an attractive market for the world's major economies, both in terms of trade and investment.

In February, China displaced the United States as the main seller of Vietnam. The annual growth rate of the Asian giant's exports averaged an impressive 23.5 percent.

But the United States has been confirmed as the largest market in Vietnam to make purchases so far this year worth about $ 21.6 trillion, a little less than $ 1.6 trillion. a fifth of the goods placed by the Indochinese nation abroad. [19659003] For obvious reasons, Hanoi is closely following the development of the trade war between the two major economic powers of the planet, and to protect itself from health, it is continually exploring the possibilities with other countries, mainly from Asia-Pacific and from Europe.

Vietnam's foreign trade has expanded remarkably in recent years

. Country joined the World Trade Organization, its overseas bills have barely reached $ 100 billion, almost the same as what they buy today Two United States and China

Four years later, this figure has doubled, reaching 300 billion in 2015 and last year reached a record $ 425 billion.

Vietnam has commercial relations with It has 200 partners and is considered one of the new stars of the world economic map, with an average gross domestic product growth of more than 6% over the last decade.

mv / asg

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