HOUSELINKGlobal #2: Import – Export and Construction Materials News Week 04 of April

Vietnam had a deficit of more than 1.3 billion USD of import and export in the first half of April, the price of construction materials such as cement increases and the investment and development policy of Hai Phong is the news of the week.

Import and export declined, Vietnam returned to trade deficit in the first half of April

Although the import-export turnover in the first half of April decreased, but accumulated from the beginning of the year to April 15, the country’s export and import turnover still increased positively compared to 2020.

According to statistics announced by the General Department of Customs, in the first 15 days of April 2021, the country’s import-export turnover was only US $ 26.61 billion, down 15.8% compared to the last 15 days of March.

Many cement enterprises increase product prices

Recently, a series of cement businesses have moved to adjust the price of cement in the country. Explaining this, businesses said that the increase in prices from 30,000 to 40,000 VND / ton of products is due to input costs such as electricity, coal, petroleum, freight and labor costs.

According to Mr. Luong Duc Long, Vice President, General Secretary of Vietnam Cement Association (VNCA), this price increase has been considered by businesses and by the end of 2020 based on the balance of input costs. , product output and sales viability of the business.

Besides cement prices, steel prices are still at a high level. Construction enterprises were severely affected by the “fever” of increasing construction material prices in April.

Developing logistics for Hai Phong

Hai Phong currently has about 300 enterprises operating in the field of logistics, most of which are small and medium enterprises, with weak competitiveness.

Hai Phong is a locality that fully converges the conditions to become a logistics service center. Therefore, in order to attract investment in the development of the logistics service industry, the city has recommendations to the Government to allow the mechanism in setting investment incentives, especially in infrastructure; Improving the capacity of the warehouse system; Information technology development; Quality of personel…

Vietnam is becoming a leading destination in diversifying investment, many production and business establishments from China will move to Vietnam. Therefore, Hai Phong can become a logistics service center, an international and regional transshipment hub, if there is a methodical and synchronous investment in the coming time.

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