09-12-2023, 12:13 PM
Registered investment from China and Hong Kong combined rose to $8.2 billion in the first 11 months of this year, according to Vietnam's official statistics, twice as much as in the same period last year when China had pandemic restrictions, making them the biggest investors in Vietnam.
US registered investment instead has fallen to $0.5 billion this year from $0.7 billion in 2022, making it the 10th largest investor after Pacific offshore centre Samoa and the Netherlands.
Exports from Vietnam to the United States plunged 15 percent to $79.25 billion in the first 10 months of the year, Vietnam data show, and US imports fell as well.
In the same period Vietnam's exports to China increased by 5 percent to nearly $50 billion, although imports fell as Vietnam largely buys from Beijing components that are assembled for export to Western countries.
https://www.thejakartapost.com/business/...-down.html.
US registered investment instead has fallen to $0.5 billion this year from $0.7 billion in 2022, making it the 10th largest investor after Pacific offshore centre Samoa and the Netherlands.
Exports from Vietnam to the United States plunged 15 percent to $79.25 billion in the first 10 months of the year, Vietnam data show, and US imports fell as well.
In the same period Vietnam's exports to China increased by 5 percent to nearly $50 billion, although imports fell as Vietnam largely buys from Beijing components that are assembled for export to Western countries.
https://www.thejakartapost.com/business/...-down.html.