Vietnam’s export turnover to expand 8-10 pct in 2018Vietnam’s export growth in 2018 is hoped to be 8-10 percent higher than in 2017, according to a plan set by the National Assembly and the Government. Export revenue of the domestic economic sector rose 31.6 percent, reaching 5.41 billion USD while that of the foreign direct investment (FDI) sector expanded 33.7 percent to 13.6 billion USD. Notably, the processed industry’s export turnover reached 15.62 billion USD, a year-on-year increase of 34.6 percent, accounting for 82.2 percent of total exports. Items mainly contributing to the export turnover in the period were phones and spare parts, garment-textiles, electronic products, computers, footwear, machines, equipment and tools. The ministry said global trade is predicted to grow by 3.9 percent in 2018 and this is expect to help Vietnam's trade growth.


Source:   VietNamNet News
February 23, 2018 05:03 UTC