3:26:37 PM | 7/8/2005
Vietnam's import bill is forecasted to reach US$9.1 billion in the second quarter of this year, up 14.8 per cent over the same period last year, the Ministry of Trade said on April 11.
Of the total, import goods by fully domestic-invested companies will be around US$5.9 billion, the ministry said.
In the second quarter, the country will continue to trade in machines, equipments and production materials, the ministry said.
But, the country is planning to curb imports of consumer goods that can be domestically manufactured or are restricted like four-seat cars or motorbikes, the ministry said.
Vietnam’s imports in the second quarter will mainly come from the European Union, US and China.
The ministry has also set an US$8 billion target for the country’s exports in the second quarter, up 23.3 per cent from the same period last year and 19 per cent higher than the first quarter’s figure.
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