Vietnamplus

Thailand’s Minister of Commerce Jurin Laksanawisit has expressed confidence that the country’s exports could expand by up to 8% this year after robust growth in the first nine months.

By the end of the first quarter of 2022, garments and textiles continued to rank in the group of products earning billions of USD from exports as they contributed 8.84 billion USD to the country’s total turnover, up 22.5% from the same period last year.

Improved exports in March helped Vietnam gain a trade surplus of 536 million USD in the first quarter after running deficits in the first two months, the latest update from the General Statistics Office (GSO) revealed.

The country’s export turnover this year could reach 239 billion USD, increasing 11.2 percent from last year, said Deputy Minister of Industry and Trade Do Thang Hai.

In the January-September period, 26 products saw export turnover exceed the 1 billion USD benchmark, making up 90.3 percent of the country’s total.

A series of international trade fairs for the garments and textiles, as well as footwear sectors are scheduled to take place at the Saigon Exhibition and Convention Centre in Ho Chi Minh City on November 21-24.

The Vietnamese fishery sector needs a sustainable development strategy to stand firm in the world market for the long-run, experts have said.

The Mekong Delta province of Ben Tre aims to generate 400 million USD from exports in the second half of 2017, according to the provincial Department of Industry and Trade.

Vietnam needs proper measures to turn opportunities created by the Trans-Pacific Partnership (TPP) agreement into reality and cope with any difficulties, an official has said.

Hanoi (VNA) - The Ministry of Finance on November 6 officially announced the list of goods which will enjoy tax reduction when the Trans-Pacific Partnership (TPP) agreement is signed and takes effect.