HCM City imports from China soar

25.07.2018

HCM CITY — HCM City’s spending on Chinese imports this year has exceeded US$8.1 billion, an increase of more than $2.4 billion from the same period last year.

According to the municipal customs department, the import of computers-electrical equipment and components, and of machines and spare parts, made up the lion’s share of the sum, exceeding $2.5 billion and $1.1 billion, respectively.

The respective figures recorded for 2017 were more than $1.2 billion and more than $858 million.

During the period, the city also purchased Chinese steel products worth $719 million and Chinese cloth worth $708 million.

China continued to be one of the biggest suppliers of Việt Nam, with its goods accounting for nearly 29 per cent of total import value.

Source: Vietnam News

Photo: VAM