VietNamNet Bridge – The great move income this year has been confirmed as a great achievement of the move. Especially, the income of many transfer items reduced greatly in comparison with 2010. However, big problems can be found after considering the results.
Vietnam gained 3.6 thousand cash from grain exports. However, it needed to invest 2.4 thousand cash to transfer fertilizer and pesticide so as to generate the 2.4 thousand cash value of grain move. It also introduced in 800 thousand cash value of wheat and Thai grain which is 50 % more costly.
Vietnam released 6.1 thousand cash value of fish items, but it had to invest 484 thousand cash to transfer components for processing. It also had to invest cash to buy nourish for shrimp and fish from overseas companies in Vietnam. Meanwhile, the imports of nourish and components for making animals nourish reached 2.3 thousand cash.
Vietnam released 628 thousand cash value of fruits and vegetables, while it introduced in 294 thousand cash value of the items.
Dairy exports introduced the income of over 100 thousand cash, while the imports of milk and milk products food cost 848 thousand cash. The costly overseas created milk products food make mothers worry themselves sick.
Vietnam did not move pharmacy items, while it had to transfer 1.6 thousand cash value of components and medicine items.
Vietnam could not pocket the whole sum of 20.5 thousand cash value of clothing and footwear exports, because it had to invest 12.1 thousand cash on cotton, fabric and clothing content imports for home production.
Vietnam released only 1.6 thousand cash value of materials items, but it introduced in much greater of up to 6.4 thousand cash.
Vietnam gained 3.6 thousand cash from plastic exports, but introduced in 1.3 thousand cash value of plastic created items. It was because Vietnam released raw components and bought vehicle tires.
Wooden fixtures items introduced 3.9 thousand cash, but the real revenue was much lower, because corporations had to invest 1.3 thousand cash to transfer wood from ASEAN, Africa, South The united states and North The united states. These days, Vietnam introduced in one thousand cubic measures of artificial boards a year, while it released millions of tons of particles.
In the very near future, the wood move countries may stop or reduce the exports. It’s still unclear where Vietnamese wood created fixtures manufacturers would find components, when the home forests get exhausted.
The papers exports introduced the minimal income of 415 thousand cash, while the imports of papers items were much greater at 1.4 thousand cash.
Vietnam released 2.6 thousand cash value of special stone, jewelry, mostly jewelry precious metal. However, the imports were also big, reaching 2.1 thousand cash this year, mostly bullion precious metal.
The above offered transfer statistics do not include the expenses on petrol, devices, gadgets and transport vehicles, which were indispensable to make items for exports. Meanwhile, the petrol, devices and gadgets are all the imports. The above results also do not truly reflect the import-export surroundings, because Vietnam still cannot reckon up the variety of contraband goods entering Vietnam through different illegal channels.
The results can show that though Vietnam’s move income was great, its revenue was still minimal. While the input content costs have been increasing rapidly, Vietnam’s move costs have not increased accordingly, which means that the sums of cash Vietnamese businesses can earn were very small.
Especially, Vietnam has been well known as a fossil petrol exporter, but it had to transfer fossil petrol this year, or several decades earlier than previously planned.
The business gap in the move with the neighbor Chinese suppliers has always been a headache to Vietnam. In the past, 20 Vietnamese corporations led the market in terms of the java exports to Chinese suppliers, whose exports accounted for 68 % of the total java exports. However, 50 % of the move amount has fallen into the hands of Chinese businessmen.
Nguyen Duy Nghia
