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Vietnam, Switzerland enjoy trade development
The two-way trade value between Vietnam and Switzerland in the first four months of 2008 reached 185 million USD, surging 18.36 percent over the same period last year, the Vietnamese trade mission in the European country has reported.
In the reviewed period, Vietnam earned about 97.6 million USD from exports to Switzerland , a year-on-year increase of 10.7 percent.
Vietnam ’s main staples exported to Switzerland included coffee, footwear, sea products, furniture, textiles and garments, watch components.
However, only coffee, sea products, furniture and watch components enjoyed increases in export turnover over the same period last year while other saw drops.
With its higher demands for production materials, Vietnam ’s imports sharply increased, particularly medicines and chemicals, that surged by 62 percent and 47 percent, respectively.
Its total import turnover from Switzerland was 87.5 million USD, up 28.23 percent.
Switzerland by the end of 2007 had 46 valid investment projects capitalised at 720.86 million USD in Vietnam , ranking 18th among foreign investors in the country.
VNA
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