Vietnam Sps US$5.8 Bln on Imports from China in Jan-April

11:18:00 AM | 21/7/2008

Vietnam reportedly imported US$5.8 billion worth of commodities from China in the first four months of this year, according to the Ministry of Industry and Trades website.
 
The money mainly spent on buying steel products of US$1.3 billion, machines, equipment and spare part of US$1.2 billion, and cloth of US$433.3 million.
 
The website did not give on-year comparison figure and the country&rsquos export value during the period.
 
Crude oil, coal, computers, electronics and spare parts, cashew nut, seafood, and veges and fruit are Vietnams export staples.
 
Vietnam always incurs trade deficit with China, which reached US$2.81 billion in 2005 and US$3.8 billion in 2006.
 
In 2007, the two-way trade posted at US$15.8 billion, surpassing far from the target of US$15 billion by 2010. (Xinhua, Vinanet)