Trade with Chile up 38% in first half

 Bilateral trade with Chile increased 38 per cent in the first six months of the year to a value of over US$321 million, according to the Chilean Trade Promotion Agency.

During the period, the agency said, imports from Chile climbed 41 per cent year-on-year to $238.8 million, while export value stood at $82.6 million, an increase of 29 per cent. Major exports to Chile include footwear, cement, coffee, garments and tra fish.

Bilateral trade is expected to reach $1 billion in the next three years as the Viet Nam-Chile Free Trade Agreement takes effect, said agency director Felix de Vincente.

Bilateral trade also jumped by over 50 per cent in 2011 to nearly $487 million

vietnamnews

>   Southern province attracts $19m in FDI (14/08/2012)

>   Vietnam-Laos two-way trade increases nearly 33pct in H1/2012 (13/08/2012)

>   City may divide up sanitation project to attract investment (13/08/2012)

>   Consumers turn their backs on Chinese produce (11/08/2012)

>   Viet Nam ranks in world's top 20 nations for internet use (10/08/2012)

>   China firm proposes $6.5bn deal (09/08/2012)

>   WTO entry disappoints Viet Nam (09/08/2012)

>   Ministry to offer business support plan next week (09/08/2012)

>   Call to audit public projects (09/08/2012)

>   Experts eye ways to help small businesses (09/08/2012)