VN exports likely to hit $212 billion this yearVietnam’s exports are expected to reach more than US$212 billion for the first time this year, much higher than the $176 billion recorded last year, said Duong Duy Hung, head of the Ministry of Industry and Trade (MoIT)’s Planning Department. Viet Nam’s exports are expected to reach more than US$212 billion for the first time this year, much higher than the $176 billion recorded last year. The ministry will follow the market and protect the interests of domestic production sectors, especially in the sectors of steel, automobiles, fertilisers and chemicals, to increase production. Statistics from the MoIT showed that as of December 19, 2017, Viet Nam’s export-import revenue hit a record $400 billion, compared to $100 billion a decade ago. Viet Nam now has more than 200 trade partners, including 29 export and 23 import markets.

Source: VietNamNet News December 22, 2017 01:18 UTC