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VietNamNews

Trade with Israel increases

Update: November, 23/2012 - 11:16

HA NOI (VNS)– Two-way trade between Viet Nam and Israel saw an annual increase of 33 per cent to hit nearly US$357.7 million during the past 10 months, according to statistics from the General Department of Customs.

During the period, Viet Nam earned $236.8 million from exports to the Israeli market, up twofold on the same period last year. Among Viet Nam's export items to record strong growth in turnover were cashew nuts, garments and textiles and coffee.

The country's main imports from Israel were fertilisers, pesticides, machinery, chemicals and pharmaceuticals.

Bilateral trade turnover is expected to reach $429 million by the end of the year.Lao-Viet JV Bank opens new branch.-VNS

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