Business

Ho Chi Minh City eyes 108 billion USD in exports by 2030

Ho Chi Minh City is striving to earn 70 billion USD in export turnover by 2025 and 108 billion USD by 2030, and maintain an average annual export growth of 9 percent during 2026-2030.
Ho Chi Minh City eyes 108 billion USD in exports by 2030 ảnh 1Ho Chi Minh City sets target of 108 billion USD in export turnover by 2030 (Photo: VNA)
Ho Chi Minh City (VNA) – Ho Chi Minh City is striving to earn 70 billion USDin export turnover by 2025 and 108 billion USD by 2030, and maintain an averageannual export growth of 9 percent during 2026-2030.

The municipal People’s Committee sets the targets at itsrecently-approved plan on developing export by 2025, with a vision to 2030.

To that end, from now to 2025, the city will maintain andsupport the development of its key products, while making preparations toupgrade industry and participate more deeply in global value chains, and focusingon developing electronics, mechanics, and wood products, which it considers afoundation for its export growth in the time ahead.

In addition, the city will upgrade infrastructure servingexport, and atthe same time reform and increase the quality of public services directlyrelated to import-export activities with the aim of providing the best possibleservices.

By 2030, the city will build strategies to improvecompetitiveness of its outstanding export products such as electronics,mechanics, optics, software, and service exports such as finance, tourism andlogistics.

It will also attract more investment in finance, banking andlogistics, and form logistics service centres, and step up human resourcesdevelopment.

Last year, the largest economic hub of Vietnam earned over40 billion USD from exports./.
VNA
#Ho Chi Minh City #export turnover #108 billion USD #2030 #Vietnam #Vietnamplus #Vietnam News Agency Ho Chi Minh City
Follow VietnamPlus

Related News

HCM City: Pandemic-hit workers to receive free vocational training

HCM City: Pandemic-hit workers to receive free vocational training

Workers in Ho Chi Minh City who were laid off or had their hours cut as a result of COVID-19 will have the opportunity to attend free vocational training courses under a new programme initiative, according to Vice Chairman of the municipal Federation of Labour Pham Chi Tam.
ADB – major partner of HCM City: official

ADB – major partner of HCM City: official

Ho Chi Minh City always regards the Asian Development Bank (ADB) as a major partner that plays an important role in the city’s development, a local official has said.

See more

An automobile assembly line of the THACO Truong Hai Group in Da Nang. (Photo: VNA)

Da Nang promotes investment attraction to achieve over 11% growth

Da Nang's foreign direct investment (FDI) attraction showed strong growth, reaching 237.7 million USD, double the level recorded a year earlier. The city granted licences for 47 new FDI projects, approved capital adjustments for 16 projects and recorded 10 transactions involving capital contributions and share acquisitions in economic organisations.

Deputy Prime Minister Nguyen Van Thang speaks at the forum. (Photo: vneconomy.vn)

Vietnam pivots to selective, high-quality FDI attraction for sustainable growth: Deputy PM

The FDI sector remains a key pillar of Vietnam’s economy, with more than 46,500 valid projects and total registered capital exceeding 543 billion USD so far. Disbursed capital has reached around 357.6 billion USD. The FDI sector contributes over 20% of GDP, accounts for around 70% of total export turnover, and creates jobs for millions of workers. Vietnam continues to rank among ASEAN’s leading FDI destinations despite global investment slowdowns.

Customs officers inspect vehicles and imported goods at the Huu Nghi International Border Gate in Lang Son province. (Photo: VNA)

Customs intensify crackdown on counterfeit goods, trade fraud

The customs sector has identified the fight against smuggling, trade fraud, counterfeit goods and intellectual property violations as a key task. Customs units nationwide have stepped up inspections and supervision of import-export activities along major routes and at key checkpoints.

Workers process clams for export at the factory of Thanh Hoa Fishery Import-Export JSC in Thanh Hoa province. (Illustrative photo: VNA)

Vietnam notifies WTO committee of goods origin management reforms

The information presented by Vietnam attracted attention from others WTO members amid global efforts to accelerate the digital transformation of import – export procedures and improve the implementation of rules of origin to enhance supply chain adaptability.

A Petrolimex worker refuels a motorbike. (Photo: VNA)

Energy imports surge in first quarter of 2026

Data from Vietnam Customs shows that the country spent approximately 2.93 billion USD importing nearly 3.37 million tonnes of petroleum products in the first quarter of 2026, an increase of 77.8% in value and over 44% in volume compared to the same period last year.

A perspective of the Quang Ninh 1 Wind Power Plant project (Photo: Quang Ninh provincial Department of Construction)

Quang Ninh gives nod to first offshore wind power plant

The project is expected to have a designed capacity of 50 MW and will be implemented in nearshore waters of the Co To special zone. It will be the first offshore wind power project in the province, playing a pioneering role in tapping Quang Ninh’s abundant renewable energy potential.