High export value At a meeting to summarize operations of the Domestic Market Management Team in 2018, Nguyen Thi Mai Linh, Head of the Agricultural, Forest and Aquatic Product Import, Export Division of the Agency of Foreign Trade under the Ministry of Industry and Trade, said Vietnam's export value continued to increase strongly. In December, foreign trade value reached an estimated US$42.2 billion, up 5.9 percent compared with December 2017. The annual import, export value exceeded US$482.23 billion, 12.64 percent higher compared with 2017. Export value reached an estimated US$245 billion, up 13.8 percent and exceeding the target set for 2018; and import value was up 11.5 percent, reaching an estimated US$237.5 billion. The 2018 export growth was much higher than the target set by the National Assembly and the government, contributing significantly to GDP growth, generating jobs and helping farmers sell their products. The trade surplus helped Vietnam increase its foreign currency reserves, keep the exchange rate stable and maintain macroeconomic stability. In the context of complicated changes in the regional and global situation, including the trade war between the US and China and growing trade protectionism across the world, Vietnam's 2018 export growth was particularly impressive, especially coming… Read full this story
- US remains Vietnam's largest export market in Q1
- Vietnam aims for export growth of 6-7% in 2021-2030
- Vietnam’s seafood exports to EU expected to continue to increase
- Vietnam’s farm exports to China require stricter standards
- Vietnam’s rice export turnover up 10.5 percent in Q1
- World's longest glass bridge set to open to public in Vietnam on April 30
- Vietnam has great opportunities in agricultural exports despite global turbulence
- Trajectory uncertain for Vietnam’s growth
- Non-basmati rice exports touch $6.11 bn in 2021-22
- Thailand’s export growth expectations revised down to just 3% in 2019
- Foreign investors outdo local firms in exporting goods
- Vietnam ships first batch of rice in 2021
Vietnam upbeat about 2019 export prospects have 300 words, post on ven.vn at February 25, 2019. This is cached page on CHUTEU. If you want remove this page, please contact us.