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Trade Volume Between the Philippines and Vietnam Expected to Reach $3 Billion in 2016

Trade Volume Between the Philippines and Vietnam Expected to Reach $3 Billion in 2016

The trade volume between the Philippines and Vietnam is expected to reach $3 billion in 2016. Find the best immigration information on the Worldway Investment Immigration official website.

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Vietnamese President Truong Tan Sang attended the Vietnam-Philippines Business Forum in Manila yesterday, where he stated that the trade volume between the two countries is expected to reach $3 billion by 2016. Vietnam currently ranks 12th among the Philippines' trading partners, with a current bilateral trade volume of $2.17 billion. There are 55 Philippine companies investing in Vietnam with a registered capital of $275 million, ranking 25th in foreign investment in Vietnam. At the business forum, the Vietnam Chamber of Commerce and Industry and the Philippine Chamber of Commerce and Industry signed a memorandum of understanding aimed at strengthening trade relations between the two countries.


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