Around 30 companies in VASEP had banded together to form a club of home-targeted producers. They managed to raise their domestic sales to around 50 per cent of their total sales.
The import-export turnover of goods in the first ten months of 2022 reached US$616 billion, up 14 per cent over the same period in 2021. The export value was $312 billion, up 15.9 per cent year-on-year.
Although much of the economy was impacted by the fourth wave of COVID-19 in 2021, Viet Nam’s imports and exports reached a record of nearly US$670 billion, an increase of almost 23 per cent from 2020.
A report on last year’s imports and exports was released yesterday by the Ministry of Industry and Trade to provide accurate information on the country’s trade to management agencies, policymakers and businesses.
HCM City is likely to achieve exports of US$35.2 billion this year, a 15.1 per cent increase from last year, and imports of $43.1 billion, a 13.2 per cent rise.
Minister, Chairman of the Government Office, Mai Tien Dung, urged the Ministry of Agriculture and Rural Development (MARD) to simplify quality control procedures to facilitate imports and exports.
A report on imports and exports in 2016 was officially launched for the first time yesterday in Ha Noi, with an aim to successfully implement the import-export strategy in the 2011-20 period with a vision to 2030.