Chinese products are constantly “dumped” on Vietnam

According to General Administration of Customs, in the first 8 months of 2016, the amount of Chinese goods pouring into Vietnam keeps on rising. Typically, such as iron and steel; machinery, equipment, tools, parts, and iron and steel.

Accordingly, for the group of machines, equipment, tools and spare parts. General Administration of Customs said that the value of imports of this commodity group in May was nearly $ 2.5 billion, up 11.6% from the previous month, increased the value of imports in the first 8 months of the year to 17.88 billion US dollars , down 3.5% from the same period in 2015.

In the first 8 months, China continues to be the largest market provider for Vietnam this group is worth 5.81 billion US dollars; followed by the markets: Korea: US $ 3.58 billion; Japan: US $ 2.69 billion; Taiwan: 888 million …

Along with the above commodity groups, computers, electronic products and components are also imported to Vietnam quite a lot in the first 8 months of 2016. The value of imports of this commodity group for the month was $ 2.6 billion, up 8 , 3% from the previous month. Calculated in the first 8 months, the country imported 17.64 billion US dollars, up 16.2%.

Korea continues to provide the largest partner for Vietnam in this group with imports worth 5.63 billion dollars. Next is the market: China: 3.62 billion; Taiwan: nearly $ 2 billion; Japan: 1.69 billion; United States: $ 1.37 billion …

Besides, imported fabrics earning nearly USD 871 million in May 8/2016, down 3% from the previous month. May 8, 2016 In this group exported nearly 6.83 billion dollars, up 2.6% compared to the same period last year.

The market offers for Vietnam fabrics in 8 months / 2016 are: China with a turnover of more than US $ 3.56 billion; South Korea reached US $ 1.26 billion; Taiwan reached 975 million USD …

In particular, iron and steel are also sizeable imports from the Chinese market. In the first 8 months, iron and steel imported into Vietnam from China was 7.3 million tons, up 22.1%; followed by Japan; Korea…