VOV.VN - Vietnam’s spectacular export growth can largely be attributed to the fact that local firms have effectively maintained traditional export markets and maximised the benefits of new-generation free trade agreements (FTAs), according to industry insiders.
VOV.VN - Following robust export growth recorded in November, the agro-forestry-fishery sector is anticipated to rake in over US$47 billion from exports this year, US$5 billion higher compared to the set target by the Government, according to the Ministry of Agriculture and Rural Development.
VOV.VN - The Vietnamese economy has recorded a number of positive signs for recovery following the announcement of major economic indicators for November, particularly with an increasing number of newly-established enterprises, robust export growth, and flourishing FDI attraction.
Vietnam’s export turnover is projected to record an annual average growth of 7% per year, hitting US$535 billion by 2030, according to a new research by Standard Chartered issued on November 30.
VOV.VN - With positive export growth recorded over the past 10 months, Vietnam’s electronics industry is anticipated to rake in US$50 billion from exports this year, a 13.5% rise from last year, according to data compiled by the Ministry of Industry and Trade (MoIT).
With a record export growth rate in the first nine months of 2021, steel is forecast to soon join the US$10-billion export club.
Vietnam’s aquatic export is hoped to hit US$9 billion in 2021 thanks to the recovery of consumption in key markets such as the US, the European Union (EU), and other potential markets.
Ho Chi Minh City exports were up 5.1% and imports saw a surge of 26% in the first half of this year as compared to the same period in 2020, resulting in a trade surplus of US$4.53 billion, according to the municipal Statistic Office.
Hanoi earned US$7.16 billion from exports in the first half of 2021, up 4.5% year on year, the municipal Statistics Office estimated.
Global demand for goods is recovering and this is an opportunity for Vietnam to boost its exports of consumer and industrial products, according to the Ministry of Industry and Trade (MoIT).