(MENAFN- Qatar News Agency) Noi July 24 (QNA) - The total revenue of border trade between Vietnam and China hit $2.61 billion in the first half of 2014 up 13% year-on-year according to Vietnam's Border Trade Steering Committee. Statistics of the committee show that the bilateral border trade maintained uptrend with an average growth of 4% per month. During the six-month period Vietnam enjoyed a surplus of $800 million in border trade up 126% year-on-year local Tien Phong (Pioneer) online newspaper quoted the committee as saying on Wednesday. Rice was the item having the largest export revenue during the period. A total of 529000 tons of rice worth some $198 million was exported to China from January to June. Around 97% of the rice was exported to China through the border gate in northern Lao Cai province some 354 km north of Hanoi said the committee. China remained the biggest exporter to Vietnam in the six months as Vietnam spent around $20.4 billion buying goods from China during the period up 21.1% year-on-year. As for the total trade between the two countries Vietnam saw a deficit of some $13.1 billion up 21.2% year-on- year according to Vietnam's General Statistics Office. (QNA)
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