Prime Minister Nguyen Xuan Phuc (centre) at the ceremony (Photo: VNA) Hanoi (VNA) – Prime Minister Nguyen Xuan Phucattended a ceremony to mark Vietnam’s import-export reaching the 500 billionUSD level held in Hanoi on December 30.
At the ceremony, the Government leader also set the targetfor the country’s export of 300 billion USD next year, asking ministries,authorities and localities to closely join hands together to make it the fifthconsecutive year of Vietnam’s trade surplus.
He noted that Vietnam’s economy has made vigorous changes inthe context of the complicated world’s economic and political situation, andthat the country has remained for long in the list of the 30 countries andterritories with the highest import and export values. In the ASEAN, Vietnamranks the third after Singapore and Thailand.
It was reported that Vietnam has recorded a constant surplusin its trade following a long deficit. In the first 11 months of this year, thecountry’s trade surplus amounted to 10.94 billion USD.
China, the US and Japan used to be the three largest tradepartners of Vietnam but since 2013, the Republic of Korea has officially surpassedJapan to become the country’s third largest commodity trade partner.
Commending ministries, authorities and localities for theircontributions to the achievement of the 500 billion USD level in import andexport, PM Phuc also spoke highly of their concerted involvement. He praisedthe Ministry of Industry and Trade and others in negotiating free tradeagreements, and spoke highly of the processing sector of the plantation woodthat brought back to the country over 11 billion USD, and the agriculture withover 41 billion USD.
The leader said that in the time to come, Vietnam needs totake advantage of the chances and bring into play the efficiency of thecollaboration among the ministries and sectors. The country’s exports should berecomposed in the direction of reducing raw exports and increasing processedcommodities, he stressed, adding that in the time to come, institutional reformsand those of administrative procedures must be continued so as to furtherfacilitate import and export activities.
Setting a goal of 300 billion USD in export for the nextyear, PM Phuc ordered relevant ministries, authorities and localities toclosely join hands together so as to make it the fifth consecutive year inwhich Vietnam record trade surplus. Besides, attention must also be paid to thefight against frauds in origins and smuggling so as to create a fair, open andtransparent business environment, along with the boosting of the supporting industry./.
At the ceremony, the Government leader also set the targetfor the country’s export of 300 billion USD next year, asking ministries,authorities and localities to closely join hands together to make it the fifthconsecutive year of Vietnam’s trade surplus.
He noted that Vietnam’s economy has made vigorous changes inthe context of the complicated world’s economic and political situation, andthat the country has remained for long in the list of the 30 countries andterritories with the highest import and export values. In the ASEAN, Vietnamranks the third after Singapore and Thailand.
It was reported that Vietnam has recorded a constant surplusin its trade following a long deficit. In the first 11 months of this year, thecountry’s trade surplus amounted to 10.94 billion USD.
China, the US and Japan used to be the three largest tradepartners of Vietnam but since 2013, the Republic of Korea has officially surpassedJapan to become the country’s third largest commodity trade partner.
Commending ministries, authorities and localities for theircontributions to the achievement of the 500 billion USD level in import andexport, PM Phuc also spoke highly of their concerted involvement. He praisedthe Ministry of Industry and Trade and others in negotiating free tradeagreements, and spoke highly of the processing sector of the plantation woodthat brought back to the country over 11 billion USD, and the agriculture withover 41 billion USD.
The leader said that in the time to come, Vietnam needs totake advantage of the chances and bring into play the efficiency of thecollaboration among the ministries and sectors. The country’s exports should berecomposed in the direction of reducing raw exports and increasing processedcommodities, he stressed, adding that in the time to come, institutional reformsand those of administrative procedures must be continued so as to furtherfacilitate import and export activities.
Setting a goal of 300 billion USD in export for the nextyear, PM Phuc ordered relevant ministries, authorities and localities toclosely join hands together so as to make it the fifth consecutive year inwhich Vietnam record trade surplus. Besides, attention must also be paid to thefight against frauds in origins and smuggling so as to create a fair, open andtransparent business environment, along with the boosting of the supporting industry./.
VNA
