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ONE OF THE MOST TRADED PRODUCTS IN THE WORLD

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                                                 – NATURAL AND PRECIOUS STONES ABSTRACT Goods and services worth trillions are traded across the globe every year. Everything is imported and exported to and from every nation ranging from the simplest items like plastic products to the most complex and heavy-duty products like electrical machinery and automobiles. Imports and exports, simply known as foreign trade, are responsible for building any country’s economy and helping to maintain the nation’s good health. Also, foreign trade helps the country to integrate with other countries and learn more about their taste, preferences, and choices. As per the Global Trade Data for the past some years, we are going to list the top 05 most exported products in the world. ·         Electric machines and appliances such as recorder...
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TOP 10 PRODUCTS IMPORTED BY VIETNAM IN THE YEAR 2021

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  INTRODUCTORY FACTS According to the global trading pattern, Vietnam is considered one of the low-middle-income countries in the world. The country is open to trade and welcomes collaborations from almost all the nations in the world. This blog is going to focus on the import trends of the nation with respect to the last 5 years (2017-2021). These insights derived from the web are researched, formulated, and created by official authorities, government bodies, and other related agencies and companies. Due to the friendly nature of the nation, the trade statistics are going up every year with a significant amount of difference which clearly explains the point that why Vietnam is one of the most rapidly growing and developing nations in the world. Although overseas trade saw a decline during the pandemic time, after everything got normal, the trade of Vietnam with international countries is boosting and crossing new benchmarks. Some of the biggest import partners of Vietnam as me...
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ONE OF THE LARGEST INDUSTRIES IN VIETNAM – THE CHEMICAL INDUSTRY

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CHEMICAL INDUSTRY – A BRIEF OVERVIEW The chemical industry is one of the oldest types of manufacturing industries that has been prevailing in this world since ancient times. The role of this industry is very important in meeting the day-to-day demands and needs of the people, both individually as well as at the industrial level. In layman’s terms, a chemical is a substance that is made up of matter. Matter can be of any form now like solid, liquid, or gas. It can even be pure (element) or a mixture (compound or a solution) of two or more substances. Chemicals can also be classified as naturally occurring or artificially occurring. Examples of natural chemicals are mercury, pyrite, asbestos, and silica. Whereas examples of artificial chemicals are PVC and Bakelite. Based on one of the most trusted reports of Vietnam, the Vietnam Chemical Industry Comprehensive Report 2022, the top companies that operate as chemical manufacturing and trading companies in Vietnam as of 2022 are: ...
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