HANOI (XINHUA) – The Vietnam’s Ministry of Industry and Trade has set a target of six per cent export growth in 2025 as global inflation has eased and international market demand recovers, Vietnam News reported yesterday.
The recovery of major markets such as the United States and the European Union will be an important driving force for Vietnam’s exports, especially in the sectors of electronics, consumer goods and textiles, said the ministry.
It said that accelerating trade promotion activities, speeding up exports through border gates and facilitating exports to the Chinese market would be a priority. Vietnam’s goods export turnover was estimated at USD369.93 billion in the first 11 months of 2024, up 14.4 per cent year-on-year, pushing up the country’s trade surplus to USD24.31 billion, according to the General Statistics Office.