VN, France expect higher trade turnover

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VOV News English - 43 month(s) ago 1 readings

Two-way trade turnover between Vietnam and France is expected to reach about EUR1.15 billion in the first sixth months of this year, or an increase of nearly 22 percent over the same period in 2010.

The figure is realistic as turnover hit EUR772.3 million in the first four months, a year-on-year increase of 24.3 percent, according to the Commerce Bureau of the Vietnamese Embassy in France.

Trade Counselor Pham Xuan Yen reported that in the four-month two-way trade value, Vietnam’s export earnings made up EUR594.1 million and is expected to reach EUR890 million by the end of June.

Electrical and electronic appliances alone brought the country EUR107.3 million in the first four months of this year, equivalent to the 2010 figure.

During the four-month period, Vietnam spent EUR178.2 million buying goods from France, a decrease of over 9 percent compared to the same period last year.

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