Vietnam'S US Trade Continues To Rise Due To Textile And Clothing Products.

November 3rd report: Recently, the Vietnam chamber of Commerce of the United States released a report on the Vietnam US trade outlook, saying that this year's trade between the United States and the United States is expected to reach US $34 billion 900 million. After 2012 and 2013, respectively, 249 and 29 billion 700 million US dollars, the bilateral trade between the two countries will usher in a growth rate of nearly 20% for two consecutive years. According to the report, exports to the US in 2014 are expected to be 29 billion 400 million US dollars and imports to US $5 billion 500 million, representing an increase of 19% and 10% respectively. among US imports and exports of textile and apparel products are expected to reach US $9 billion 800 million, accounting for 10% of the US market and 33% of total exports to the United States. The report quoted Herman, vice president of the clothing and Footwear Association of the United States, as saying: "in the past, the United States imported textile and garment products mainly from China and Bangladesh, but now Vietnam has become a major importer, and this trend will not change in the near future". The report believes that Vietnam's increase in exports of textile and clothing products to the United States should be mainly attributed to the slowdown in the increase in labor costs and the increase in foreign investment in textiles and clothing and supporting industries.

Prices of industrial products continued to decline in Holland in September

According to the data released by Holland Central Statistical Bureau in October 30th, the prices of industrial products in Holland decreased by 1.7% in September compared with 1.4% in August. main The reason is that crude oil prices fell by 8% compared with the same period last year, and gasoline prices fell by 6.1% over the same period last year. In addition, the prices of food, beverages and tobacco products, paper and printed matter, electronic products and machinery and equipment decreased by 1.5%, 0.8%, 0.6% and 1.4% respectively. Prices of wood and construction materials, textiles, clothing and leather, base metals and other metal products rose by 0.7%, 0.8% and 0.3% respectively. Holland's industrial prices also dropped by 0.3%, compared with 0.5% in the domestic market and abroad. Price Down 0.2%.