BUSINESS Vietnam's chemical import up slightly in 10 months

BUSINESS

Vietnam's chemical import up slightly in 10 months

Xinhua

13:40, November 11, 2019

HANOI, Nov. 11 (Xinhua) -- Vietnam spent nearly 4.3 billion U.S. dollars into importing chemicals and over 4.4 billion U.S. dollars importing chemical products in the first 10 months of this year, up 0.4 percent and 6.7 percent on-year, respectively, according to the country's Ministry of Industry and Trade on Monday.

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Photo: VCG

Between January and October, China was Vietnam's biggest exporter of chemicals and chemical products, followed by South Korea, Japan, Thailand and Singapore.

In the same period, the country exported more than 1.6 billion U.S. dollars worth of chemicals and over 1.1 million U.S. dollars worth of chemical products, up 7.5 percent and 24.1 percent, respectively.

Last year, Vietnam spent nearly 5.2 billion U.S. dollars importing chemicals, and roughly 5.1 billion U.S. dollars importing chemical products, mainly from China, said the ministry.


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