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29/06/ · U.S. trade in goods with Vietnam. NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. Details may not equal totals due to rounding. Table reflects only those months for which there was trade. Month. The U.S.-Vietnam Bilateral Trade Agreement (BTA) – Resources for Understanding. The U.S.-Vietnam Bilateral Trade Agreement (BTA) is a comprehensive document covering trade in goods, protection of intellectual property rights, trade in services, investment protection, business facilitation and Estimated Reading Time: 2 mins. 13/10/ · The United States and Vietnam concluded a Bilateral Trade Agreement (BTA) in , which entered into force in Vietnam is a member of the Association of South East Asian Nations (ASEAN) and subsequently, a member of ASEAN Free Trade Area (AFTA). Vietnam (hereinafter referred to collectively as „Parties“ and individually as „Party“), Desiring to establish and develop mutually beneficial and equitable economic and trade relations on the basis of mutual respect for their respective independence and sovereignty;.
Electronics, Food Processing, Construction, Mining, Footwear, Seafood, Crude Oil, Rice, Coffee and Steel. From our Vietnam import export statistics, you can find Real Importers, Exporters, Manufacturers in Vietnam. Our Vietnam customs data covers shipment information of commodities which are imported or exported by the country. You can monitor shipment details of your competitors from Vietnam shipment data and analyse their imports, exports and trading partners.
With the help of our customs-based Vietnam trade data, you can determine factors for driving success in your import-export business. Our customs data of Vietnam also helps financial institutions, logistics companies and other businesses to find the best prospects. Track Information of Shipments which Depart from or Enter into Vietnam Download Sample. Search Trade Data and Information about Vietnam Imports and Exports Search Data Now.
Access Actual Market Intelligence Information of Your Competitors Contact Now. Vietnam Import Export Data. Vietnam Major Industries Electronics, Food Processing, Construction, Mining, Footwear, Seafood, Crude Oil, Rice, Coffee and Steel.
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Operating in Vietnam since , US-backed Cargill today owns and operates 12 animal nutrition plants, two grain and oilseed warehouses, and two aqua technology application centres. Its operations include animal nutrition, animal protein, food and beverage ingredients, agriculture supply chain, and metals. Vietnam will continue to be a key market for us,“ said John Fering, regional managing director of Cargill Animal Nutrition South East Asia.
This includes expanding our capacity and capabilities besides building strong talent and resilient communities,“ Fering said. Adam Sitkoff, executive director of the American Chamber of Commerce in Hanoi AmCham Hanoi , said that not only Cargill, but also many other US firms have been operating well in Vietnam. Currently many US firms are exploring opportunities in Vietnam, such as Morgan Stanley, ACORN International, General Dynamics, Nue Capital LLC, BlackRock’s Asian Credit, Lockheed Martin International, Smart City Works, Google, Columbia University, and USTelecom.
Intel is now asking the Ho Chi Minh City government for special incentives for further investment. According to AmCham Hanoi, US companies have had a transformative role in the development of Vietnam. From managerial practices and technologies, to service standards and ethics, the US business community here has affected Vietnam in many positive ways and foreign investment has helped promote economic and social development here.
Business activity started slowly for Americans here. We believe the United States is one of the top five investors here and they are also in Vietnam selling cosmetics, soft drinks and beer, cars, aircraft, software, industrial goods, educational services, mobile applications, financial and legal services, agricultural products, and so much more,“ Sitkoff noted.
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Bureau of East Asian and Pacific Affairs. More information about Vietnam is available on the Vietnam country page and from other Department of State publications and other sources listed at the end of this fact sheet. Twenty-five years after the establishment of bilateral relations in , the United States and Vietnam are trusted partners with a friendship grounded in mutual respect. The United States supports a strong, prosperous, and independent Vietnam that contributes to international security; engages in mutually beneficial trade relations; and respects human rights and the rule of law.
Relations are guided by the U. In , Vietnam and the United States commemorated 25 years of diplomatic relations between the two countries, renewing their commitment to strengthened cooperation. The Comprehensive Partnership underscores the enduring U. Vietnam is a partner in nonproliferation regimes, including the Global Initiative to Combat Nuclear Terrorism, and takes advantage of expertise, equipment, and training available under the Export Control and Related Border Security program.
In , the United States and Vietnam signed a letter of agreement to increase cooperation on law enforcement and the justice sector and the two countries are working jointly to implement the agreement. Vietnamese-led recovery teams have become regular participants in these recovery missions since August
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The U. The page agreement, which took almost five years to negotiate and put into effect, is highly-technical and was written to accord with World Trade Organization WTO and other international trade and investment principles. When the BTA went into effect on December 10, , the U. The BTA is the most comprehensive trade agreement Vietnam has signed to date.
Below are a number of links that provide additional information on the BTA. Please note that non-U. Government sites and reports do not represent the views of the U. Government and are not authoritative interpretations of the BTA. Illustrative List of Vietnamese Laws Related to BTA Commitments. Other Sites for Further Information on Select BTA Topics. Assessment of the Economic Impact of the U.
S-Vietnam BTA: Annual Economic Report, USAID, June PDF KB. Footer Disclaimer This is the official website of the U. Embassy and Consulate in Vietnam.
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Economic Complexity Rankings. Location: Vietnam borders Cambodia , China , and Laos by land and Indonesia , Malaysia , Philippines , and Thailand by sea. Explore Visualizations. Fastest Growing Export Markets – Fastest Growing Import Markets – Click any of the products in the bar chart to see the specific Ad Valorem Duty Rates by partner country.
Vietnam has a high level of specialization in Metal-Clad Products Specialization is measured using RCA, an index that takes the ratio between Vietnam observed and expected exports in each product. The highest complexity exports of Vietnam according to the product complexity index PCI are Cast, drawn or float glass sheet, edge worked or bent 1. PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The top export opportunities for Vietnam according to the relatedness index, are Fake Hair 0. Relatedness measures the distance between a country’s current exports and each product. The barchart show only products that Vietnam is not specialized in.
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Latest trade data available from various sources. Please note : The data from various sources are not from the same year. The top five exported HS 6 digit level products to world by Vietnam along with trade value are :. The top five imported HS 6 digit level products from world by Vietnam along with trade value are. The top five countries to which Vietnam exported along with the partner share in percentage are :. The top five countries to which Vietnam imported goods along with the share in percentage are.
Exports and imports of products by stages of processing in are below along with their corresponding Product Share as percent of total export or import. Trade Stats By Country By Indicator By Product HS 6-digit Visualization Data Download Metadata Data Availability Help Tariffs GPTAD UNCTAD TRAINS Non-Tariff Measures Summary By Country Visualization Data Download Metadata Data Availability About NTM GVC About GVC Visualization GVC Indicator Metadata GVC Data Download API API overview API documentation Analytical database Tools Compare Countries Simulation Tool Bulk Download Home About WITS Reference Methodology Glossary Reference Data Concordances Links Training Training overview Video Tutorials eLearning Support Links Did you know FAQ WITS manual Help eLearning.
At a Glance Summary Partner Product Group Country. Facebook Twitter Linkedin Google Plus Reddit Stumble Upon Delicious Email whatsapp. Vietnam Trade Latest trade data available from various sources.
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The U. It is a large and rapidly growing market for U. Chamber members. The country has enjoyed robust GDP growth in recent years, driven by a combination of external trade, strong inward investment flows, and internal economic reform. Second , it is well positioned to benefit from the U. In the first four months of this year, foreign investment was up Stories abound, backed by survey data, about relocation of investment from China to Vietnam in order to avoid duties on U.
It is a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership CPTPP , the successor to the Trans-Pacific Partnership TPP , which the U. In light of that, many Vietnamese officials and business people the Chamber spoke with wondered about U. Official statistics show the U.
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The U.S.-Vietnam Bilateral Trade Agreement (BTA) – Resources for Understanding The U.S.-Vietnam Bilateral Trade Agreement (BTA) is a comprehensive document covering trade in goods, protection of intellectual property rights, trade in services, investment protection, business facilitation and transparency. The page agreement, which took almost five years to negotiate and put into effect. 4/4/ · VIETNAM: FDI Inflows Reach Over US$10 Billion In Jan-Mar Period. 4/4/ AM. VGP – As of March 20, foreign direct investment capital inflows to Viet Nam increased by % to US$ billion, according to Foreign Investment Agency (FIA) under the Ministry of Planning and Investment. Vietnam Furniture Matching Week – Apr ,
Marc Knapper, who was nominated by President Joe Biden as ambassador to Vietnam, testified at the Foreign Affairs Committee of the Chamber of Commerce on Tuesday, July 13 for approval. Currently, he is the Deputy Assistant Secretary of State for Korean and Japanese Affairs. Knapper said during the hearing but also acknowledged the relationship was not without its challenges.
Knapper said. Marc Knapper is a linguist who speaks Vietnamese, Korean and Japanese. He served as political counselor at the US embassy in Hanoi from to His father was a Vietnam War veteran. Still, there are challenges ahead. The US government accused the Vietnamese Communist Party of currency manipulation, opening investigations into dumping from seafood a few years ago to furniture and car tires.
He said he advocates for fair trade so that American companies and investors can access the Vietnamese market from electronic services to agricultural products. In terms of security, Knapper said both Washington and Hanoi believe there is no bigger challenge than the one posed by China, including what is happening in the South China Sea, where Vietnam is located.
From what Mr.