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2,5 years after the ASEAN Economic Community was established, enterprises in Vietnam have found a way to capitalise on the bloc's import tariff cuts and expand their exports, helping to narrow the years-long trade deficit between Vietnam and ASEAN.
Vietnam has exported more than 15 million tonnes of cement in the first six months of 2018, a sharp increase of 50% over the corresponding period last year.
The Republic of Korea (RoK) poured US$2.32 billion into Vietnam in the first four months of 2018, accounting for nearly 30% of the inflow of investment in the Southeast Asian country.
This year's seafood export turnover is forecast to expand by 6% to US$7.4 billion when compared to last year's figure, and is set to fulfill its target one month ahead of schedule despite facing a number of notable.
Viet Nam encourages the Republic of Korea's businesses to expand investment in infrastructure development, renewable energy, supporting industry and food processing.
President Tran Dai Quang and Bruneian Sultan Haji Hassanal Bolkiah Mu'izzaddin Waddaulah have affirmed their determination to further deepen and expand the two countries' relations in the interests of the two peoples.
