Vietnam’s textile and garment exports up 20.4% year-on-year from January to July

International Business News – From January to July this year, Vietnam’s textile and garment exports amounted to 22.239 billion U.S. dollars, up 20.4% year-on-year, and yarn exports amounted to 3.097 billion U.S. dollars. From January to July, Vietnam’s textile and…

Kazakhstan’s wheat exports to Europe more than triple

International Business News  –  Kazakhstan’s agricultural network reports that in January-July 2022, Kazakhstan exported 183,300 tons of wheat to Europe, 2.1 times more than in the same period last year (85,700 tons), while, according to the TradeReport website, the value…

Russia and China to settle gas trade in local currency

International Business News  –  Gazprom and China National Petroleum Corporation (CNPC) will instead settle gas supplies to China via the Siberian Power pipeline in rubles and yuan, the company announced in an announcement, TASS reported on September 6. The announcement…

Vietnam and Laos strive to achieve bilateral trade volume of US$2 billion

International Business News – Since the establishment of diplomatic relations between Vietnam and Laos 60 years ago, the two countries have been walking side by side and have achieved vigorous development; bilateral trade relations have been actively developed, becoming increasingly…

Intraregional trade in Africa revisited

International Business News – On January 1, 2021, the African Continental Free Trade Area was officially launched. According to the plan, tariffs on 97% of goods between African countries will be phased out by 2034. It is widely expected that…

Ethiopia says willing to use any mechanism to trade with Russia

International Business News  –  Ethiopian Ambassador to Russia Alemayehu Tegenu said that Ethiopia is willing to use any mechanism to conduct trade with Russia, including the gradual use of bank cards in Russia’s MIR payment system. When asked about the…

Vietnam runs $3.96 billion trade surplus in first 8 months of 2022

International Business News – According to statistics from the General Administration of Vietnam Customs, in the first eight months of this year, Vietnam’s trade surplus reached US$3.96 billion (the trade deficit was US$3.52 billion in the same period last year)….