Numerous challenges facing Vietnam’s exports in 2018Despite several obstacles, Vietnam’s exports met and surpassed the targets set by the National Assembly and Government in 2017. This year, exports will continue to grapple with challenges such as the volatile world economy, rising global supply, and sterner competition. Last year saw Vietnam’s exports rise by 21% to 213.7 billion, crossing the US$200 billion mark for the first time. However, MoIT Minister Tran Tuan Anh indicated a weakness in Vietnam’s exports due to an over dependence on the foreign direct investment (FDI) sector. Businesses have not yet built their own stable and trusted brands for most export products.

Source: VietNamNet News February 18, 2018 12:47 UTC