HANOI, November 30 (Prensa Latina) Today Vietnam is looking optimistically on foreign trade, which according to experts is positioned to reach a record value of $780 billion by the end of 2022.
The projected amount becomes a stepping stone for the country to reach the projected figure of nearly $1 trillion by 2025, estimated in statements made by VNA News Agency, Professor at the National University of Economics, Nguyen Thong Lang.
Meanwhile, President of the Vietnam Chapter of Junior Chamber International (JCI), Phu Tuan Anh, commented that FDI remains the main driving force for export promotion.
In this regard, he explained, manufacturing and high-tech products make up the main product groups, in addition to textile clothing, agricultural commodities, forestry and aquaculture.
In particular, he added that sales of timber and its derivatives, aquatic products, coffee, rubber, cassava, rice and vegetables abroad provide a large surplus for commercial activities in the year that is about to end.
According to the General Bureau of Statistics, between January and November 2022, Vietnam’s foreign trade value is estimated at more than 673.8 billion US dollars, up 11.8 percent year on year.
In that period, a trade surplus of $10.6 billion was recorded, and 35 producers managed to bill more than $1 billion in their overseas sales.
The United States continued to be the largest importer of Vietnamese products, totaling $101.5 billion.
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