Vietnam-China trade exceeds US$100 billion in Jan-Aug

HCMC – Vietnam’s trade with China in the first eight months of the year reached an all-time high of US$103.92 billion, according to the Ministry of Industry and Trade. During this eight-month period, China was Vietnam’s second-largest export market with total revenue of US$35.79 billion, up 0.1% year-on-year. Bilateral trade maintained average monthly revenue of US$10 billion between January and May. The Chinese authorities have recently approved an additional 129 durian growing area codes and 38 durian packaging facilities, according to the Vietnam Trade Office in Beijing. China remained the primary purchaser of Vietnamese fruits and vegetables, accounting for 65% of the total export revenue of US$2.3 billion between January and August.