Vietnam and four members of the European Free Trade Association (EFTA) launched a feasibility study on a free trade agreement in Geneva on May 19, coinciding with the official visit to Switzerland by President Nguyen Minh Triet.
SEE MORE Saigon Economics Times, citing the figures released by USDA, has reported that Vietnam’s trade deficit in farm produce has reached $78 million in the first three months of year. Since 2005, Vietnam has exported more than imported. SEE MORE HA NOI — An economist with Barclays Capital disagrees with Fitch's recent decision to give Viet Nam a BB- rating and place the country's economy on a negative watch. SEE MORE HA NOI — Viet Nam and China aim to increase two-way trade turnover to US$25 billion as well as further promote investment between the two countries in 2010, said Prime Minister Nguyen Tan Dung. SEE MORE Exports in April rose by 2 percent over March to stand at 5.7 billion USD, bringing the nation’s four-month export value to 20.1 billion USD, a year-on-year increase of 8.9 percent.
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