Vietnam aims for a healthy and sustainable trade partnership with all key partners. Deputy Prime Minister Le Van Thanh has signed off decision No.493 approving the country's trade strategy until 2030, which targets export growth of 6-7% during the 2021-2030 period. Cargo handling at Dinh Vu port, Haiphong. Photo: Pham Hung Under the strategy, Vietnam's exports are expected to expand by 8-9% in 2021-2025, and 5-6% in 2026-2030. Meanwhile, the imports growth would average 5-6% in 2021-2030, with around 7-8% in the 2021-2025 period, and 4-5% in 2026-2030. A key priority in the strategy is to ensure a balanced trade in the next five years, and gradually reach a sustainable surplus in the 2026-2030 period. "Vietnam aims for a healthy and sustainable trade partnership with all key partners," it said. In addition, the Government sets as a goal the contribution of the manufacturing and processing sector at 88% of total exports by 2025 and 90% by 2030, of which mid-tech products would account for 65% in 2025 and 70% in 2030. It is expected the European market to make up 16-17% of Vietnam's exports by 2025, and 18-19% by 2030; the American market 32-33% by 2025 and 33-34% by 2030;… Read full this story
- Vietnam aims to promote harmonious bilateral relations with the US: PM
- VIETNAM BUSINESS NEWS FEBRUARY 28
- VIETNAM BUSINESS NEWS FEBRUARY 27
- Bac Giang eyes annual 10 – 11 percent growth in service industry
- All systems go for Vietnam’s essential energy transition
- VIETNAM BUSINESS NEWS MARCH 12
- Project aims for sustainable growth of macadamia industry
- Keppel, Sovico cooperate on sustainable energy and urbanization solutions in Vietnam
- Banpu’s Greener & Smarter Growth Strategy: Why Vietnam?
- ☕ Afternoon briefing on March 15
- Japanese mainstays diversify investments
- How Southeast Asia is getting ready for the EV revolution
Vietnam aims for export growth of 6-7% in 2021-2030 have 279 words, post on hanoitimes.vn at April 21, 2022. This is cached page on CHUTEU. If you want remove this page, please contact us.