Vietnam reportedly imported US$4.7 billion worth of machines, equipment, tools and parts in the first nine months of 2006, soaring 235 per cent on-year, said estimated statistics from the Ministry of Trade’s Trade Information Center.
Last month, Vietnam spent US$551 million on buying the products from foreign countries, an increase of 23 per cent against the same period last year.
The import value from Japan continues to peak. In the first eight months of this year, the import turnover was reported at US$920 million, increasing 38 per cent on-year. The equipment, parts for cars and motorbikes, construction machines, industrial sewing machines, and electric generators are mainly imported from Japan.
The import value from China posted nearly $99 million in September, a rise of 3.94 per cent on-month. The majority of imported goods were parts serving the electricity sector such as switches, interrupters, fuses, lamp sockets, motorbike and television parts, along with many kinds of machines for garment, textile and paper sectors as well.
Total import turnover of China’s machines, equipment, tools, and parts in the first eight months of this year exceeded $665 million, representing a yearly increase of 34.5 per cent.
Notably, Germany has surpassed Taiwan, Singapore and South Korea to become Vietnam's third largest import supplier of equipment, tools, and parts. In the eight-month span, the turnover of interrupters, sockets and anti-power equipment from Germany had posted $307 million, a rise of 45.4 per cent over the same period last year.
VNS
Vietnamese
