HANOI (Xinhua) – Imports from China accounted for some 28.8 per cent of Vietnam’s total import revenue in 2015, according to Vietnam’s General Statistics Office (GSO) on Saturday.
Specifically, in 2015, Vietnam spent some 49.3 billion US dollars to import products from China, an increase of 12.9 per cent year-on-year, the GSO said in a report on socio-economic development situation in 2015 posted on its website. China remains the top supplier of commodities to Vietnam.
Imports of machinery, tools and spare parts are estimated to post an increase of 11.5 per cent year-on-year, while that of computer and spare parts is expected to grow by 15.2 per cent, said the GSO.
Regarding exports, in 2015, Vietnam sold some 17 billion US dollars worth of products to China, an increase of 13.7 per cent year-on-year, said the Vietnamese statistics office.
Exports of vegetables and fruits to China are likely to see an increase of 179 per cent during the year, while exports of textile and garment are expected to go up by 41.5 per cent, and footwear 48 per cent year-on-year.
Container cargo ships unload containers at the Hai Phong port in North Vietnam – EPA
In total, Vietnam is estimated to register some 328 billion US dollars in trade revenue with its foreign partners, of which imports post 165.6 billion US dollars (up 12 per cent) and exports 162.4 billion US dollars (up 8.1 per cent).
Trade revenue of the domestic sector reaches 114.9 billion US dollars while that of the foreign-invested sector reaches 213.1 billion US dollars, said the GSO.
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