Illustrative image (Source: VNA)Hanoi (VNA) – Vietnam’s export-import value topped480 billion USD in 2018, up 11.1 percent year-on-year, said deputy head of theMinistry of Industry and Trade (MoIT)’s Export-Import Agency Tran Thanh Hai.
Hai, who is also Vice Chairman of the Editorial Board of theVietnam Export-Import Report, made the statement during a ceremony recentlyheld in Hanoi to announce the 2018 report.
Of the figure, export value hit 243.5 billion USD, up 13.2percent, surpassing the target set by the National Assembly and Government,bringing the trade surplus up to nearly 6.8 billion USD.
The maintenance of high export growth and a trade surplusamid complicated developments in the region and the world as well as increasingprotectionism has contributed to improving foreign exchange reserve andstabilising other macro-economic indexes, proving the substantial efforts ofthe Government and businesses, the report said.
According to experts, the report enables users to review andforecast the efficiency of foreign trade activities.
State management agencies have said the annual publicationhas met requirements in the context of Vietnam’s global integration.
Compiled and edited by the Export-Import Agency, the Industry& Trade newspaper, and the General Department of Customs, the report wasannounced and published for the first time in March 2017. It has been welcomedby managers and export-import firms. –VNA
Hai, who is also Vice Chairman of the Editorial Board of theVietnam Export-Import Report, made the statement during a ceremony recentlyheld in Hanoi to announce the 2018 report.
Of the figure, export value hit 243.5 billion USD, up 13.2percent, surpassing the target set by the National Assembly and Government,bringing the trade surplus up to nearly 6.8 billion USD.
The maintenance of high export growth and a trade surplusamid complicated developments in the region and the world as well as increasingprotectionism has contributed to improving foreign exchange reserve andstabilising other macro-economic indexes, proving the substantial efforts ofthe Government and businesses, the report said.
According to experts, the report enables users to review andforecast the efficiency of foreign trade activities.
State management agencies have said the annual publicationhas met requirements in the context of Vietnam’s global integration.
Compiled and edited by the Export-Import Agency, the Industry& Trade newspaper, and the General Department of Customs, the report wasannounced and published for the first time in March 2017. It has been welcomedby managers and export-import firms. –VNA
VNA
