Day: June 17, 2021

Vietnam-Laos trade expanded in the first five months of 2021 after a decline triggered by COVID-19, according to the Vietnamese Trade Office in Laos.

The figure surpassed 570 million USD in the period, a year-on-year rise of 25 percent. Exports hit over 280 million USD, up 23.6 percent.

In May alone, two-way trade hit 113 million USD, surging 56.7 percent against the same period last year. Import turnover reported growth of 83.8 percent.

Vietnam’s major exports included machinery, equipment, tools and spare parts in excess of 13.4 million USD; ceramics worth over 1 million USD; and garment-textile about 900,000 USD.

The country also shipped iron and steel products nearing 6.8 million USD and petrol and oil worth 1.9 million USD to its neighbour.

Meanwhile, Vietnam imported close to 10.3 million USD worth of timber and wooden products from Laos, along with ores and minerals, and rubber.

Trade Counsellor at the Embassy of Vietnam in Laos Le Thi Phuong Hoa said that the bilateral trade is projected to marginally rise next month as the countries are striving to curb the spread of COVID-19.

To support businesses, the trade office has devised a list of firms wishing to promote their products in Laos, helped them seek distributors and address bottlenecks in freight transportation, she added./.

Source: Vietnam News Agency

Vietnam proved the biggest surprise packages by sealing maiden progression to the third round of the 2022 FIFA World Cup Asian qualifiers, FIFA affirmed in its article summarising the second round’s results.

The second round saw the emergence of Vietnam, the article wrote. “Having reached the last eight in the 2019 AFC Asian Cup, the team continued to make progress on the continental stage under coach Park Hangseo”.

Entering the back-end of the campaign as group leaders, the Vietnamese registered back-to-back victories against Indonesia and Malaysia and advanced as one of the best second placed finishers, despite narrowly losing to hosts UAE 3-2 in the concluder, it added.

FIFA also commended striker Nguyen Tien Linh. “A host of players announced stepped into the spotlight to help their respective teams through. Notable among them was 23-year-old striker Nguyen Tien Linh, who struck four times, including scoring the match-winning goal in the first-leg meeting against UAE, to help his side achieve breakthrough progress,” it wrote.

Prestigious statistics firm We Global Football assessed the chance for Vietnam to qualify for the 2022 FIFA World Cup is 4.44 percent.

Among the 12 teams, Vietnam’s chances are just higher than China’s at 3.68 percent and Lebanon’s at 1.88 percent.

The third round is scheduled to take place from September 2, 2021 to March 29, 2022.

The draw for this round will be held in Kuala Lumpur, Malaysia, on July 1 instead of June 24 as initially scheduled./.

Source: Vietnam News Agency