Ho Chi Minh City’s 2018 spending on Chinese imports has exceeded 8.1 billion USD to date, an increase of more than 2.4 billion USD from the same period last year.
HCM City (VNA) – Ho Chi Minh City’s2018 spending on Chinese imports has exceeded 8.1 billion USD to date, anincrease of more than 2.4 billion USD from the same period last year.
According to the municipal customsdepartment, the import of computers-electrical equipment and components and ofmachines and spare parts made up the lion’s share of the sum, exceeding 2.5billion USD and 1.1 billion USD. The respective figures recorded for 2017 were morethan 1.2 billion USD and more than 858 million USD.
During the period, the city also purchased Chinesesteel products worth some 719 million USD and cloth worth 708 million USD.
Initial estimations of the GeneralDepartment of Vietnam Customs showed the import value of the entire countryamounted to more than 110 billion USD.
China continued to be one of the biggest suppliersof Vietnam, with its goods accounting for nearly 29 percent or about 30 billionUSD of total import value.-VNA
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Illustrative photo (Source: VNA) 
