Trade turnover poised to hit 800 billion-USD mark

With just over a month remaining in 2024, experts are optimistic that Vietnam's foreign trade turnover will reach the ambitious 800 billion USD target.

This assessment is supported by several positive indicators. The agro-forestry-fisheries sector is expected to meet its goal in November, setting a record of 60 billion USD in export turnover for 2024.

The textile and garment industry has achieved 30.6 billion USD in export value in the first 10 months of the year, a 10.5% increase compared to the same period last year, moving closer to its 44 billion USD export target.

The country's trade activities have yielded positive results, with significant growth recorded in major markets such as the US, the EU, Japan, and the Republic of Korea.

In addition, the business community has demonstrated strong determination to boost export growth in the last quarter of the year, leveraging the advantages of new-generation free trade agreements.

The Ministry of Industry and Trade has set a goal of a 6% increase in export turnover alongside maintaining a trade surplus. Based on the current order volumes across industries, it is forecasted that, the total import-export turnover for 2024 could hit 800 billion USD, surpassing the set target./.