HCM City targets 35 billion USD for export earnings
The southern economic and business hub, Ho Chi Minh City, targets
export revenues of 35 billion USD this year, a year on year rise of 8-10
percent, according to the municipal Department of Industry and
Trade.
The southern economic and business hub, Ho Chi Minh City, targets
export revenues of 35 billion USD this year, a year on year rise of 8-10
percent, according to the municipal Department of Industry and
Trade.
To reach the goal, the city has steered businesses to focus on shipping industrial and processed goods with high added value.
The businesses are also advised to strengthen their presence in big markets in Europe, the America, and Asia, while seeking new potential outlets in Africa and Oceania.
In 2014, excluding crude oil, the City’s export revenues reached 27.8 billion USD, up 12 percent from 2013.
In the first month of 2015, it raked in over 2 billion USD from overseas shipments, a 9.1 percent increase year on year.-VNA
To reach the goal, the city has steered businesses to focus on shipping industrial and processed goods with high added value.
The businesses are also advised to strengthen their presence in big markets in Europe, the America, and Asia, while seeking new potential outlets in Africa and Oceania.
In 2014, excluding crude oil, the City’s export revenues reached 27.8 billion USD, up 12 percent from 2013.
In the first month of 2015, it raked in over 2 billion USD from overseas shipments, a 9.1 percent increase year on year.-VNA
You should also see
Vietnam attends international security meeting in Russia
A Vietnamese delegation led by Minister of Public Security General To Lam is attending the 12th International Meeting of High Representatives for Security Issues in Russia’s St. Petersburg city from April 23-25.
See more
Business
Labels on foods exported to Singapore must be accurate: Trade counselor
Counsellor Cao Xuan Thang, head of the Vietnam Trade Office in Singapore, has advised Vietnamese exporters to pay attention to labeling pre-packaged food products to ensure their credibility and image of businesses when exporting to the Singaporean market.
Business
April 25 gold bullion auction cancelled
The State Bank of Vietnam (SBV) has announced that it canceled the gold bullion auction scheduled for April 25 morning as only one business submitted its bidding form.
Business
High airfares create chance for short-distance trips for Reunification Day holiday
Due to a hike of air ticket prices for domestic flights, Vietnamese tourists are turning to short-distance trips for the upcoming National Reunification Day (April 30) and May Day (May 1) holidays.
Business
Phu Yen, Ninh Thuan attractive to energy project developers
The south-central coastal provinces of Phu Yen and Ninh Thuan have become attractive destinations for investors operating in the energy industry thanks to great potential for renewable energy development.
Business
Petrovietnam posts 9-billion-USD revenue in Q1
The Vietnam National Oil and Gas Group (Petrovietnam) saw total estimated revenue of 231 trillion VND (9 billion USD) from production and business activities in the first quarter of 2024, exceeding the set quarterly plan by 33% and up 19% year-on-year, head a conference held by the group recently.
