Hanoi targets 10-12 per cent export growth rate by 2015

Ha Noi is aiming to post an annual export growth rate of 10-12 per cent from now to 2015 and 14-15 per cent in the period of 2016-20

Ha Noi is aiming to post an annual export growth rate of 10-12 per cent from now to 2015 and 14-15 per cent in the period of 2016-20, as a result of the city’s trade development programme being formulated by the municipal Department of Industry and Trade.

The city plans to shift the emphasis of its exports towards processed and high value products and services. By 2020, authorities hope processed goods will account for 65 per cent of the city’s total export turnover and services 25 per cent.

In addition to maintaining its presence in traditional markets, the city also plans to boost exports to Africa and Eastern Europe.

Ha Noi’s export turnover reached nearly US$8 billion last year, a year-on-year increase of 26.3 per cent.
Among those goods with the highest export turnover were computer components, glass and glass products, garments and agriculture products. – VNS

Tags: Vietnam export turnover, Vietnam exports, Vietnam exports 2011

Posted by VBN on Jun 7 2011. Filed under Import-Export. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry