Business

HCM City aims for more exports

Export restructuring will continue in HCM City until 2015, with an emphasis on more service exports, according to officials speaking at a seminar held in HCM City on Jan. 6.

Huynh Khanh Hiep, Deputy Director of the city's Department of Industry and Trade, said by the end of 2020, the city aims to have service exports to be 60 percent of total export turnover.

The city targets an average export growth of 17 percent per year in the 2011-15 period, with total export turnover by the end of 2015 of more than 100 billion USD (excluding crude oil).
Business

HCM City aims for more exports

Export restructuring will continue in HCM City until 2015, with an emphasis on more service exports, according to officials speaking at a seminar held in HCM City on Jan. 6.
Business

Purchasing power rises sharply

The domestic market has incredible growth this year, especially as industrial production and exports faced many obstacles, according to the Ministry of Industry and Trade’s domestic market management team.

The national purchasing power this year increased by 30 percent against last year due to trade promotion and discount programmes at the year end in supermarkets and trading centres as well as other domestic trade promotion programmes related to Vietnamese goods, the team said.