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Trade with Poland sees large growth in value

Poland’s revenue from exports to Viet Nam in the first two months of this year jumped to US$11.5 million from $3.58 million in the same period last year, said the Embassy of Poland in Ha Noi yesterday.

The embassy’s economic and trade office attributed the gain to increased exports of milk powder and other dried milk products.

Other key exports to Viet Nam include machinery products and equipment used in the shipping industry.

The trade office said it expects Polish exports to Viet Nam to further increase if and when the countries sign two additional credit contracts later this year.

The first is an $80 million deal to export equipment and material for Viet Nam’s shipping industry, the other a $200 million bid to build the proposed 200-MW Mao Khe Thermoelectric Plant.

Poland’s imports from Viet Nam increased to $37 million in the first two months of this year, a 19.3 per cent increase over the same period last year.

VNECONOMY - (24/04/2006)

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