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Vietnam’s import-export turnover reached $732 billion in 2022, up 10 per cent from 2021, and making it the first year to surpass $700 billion. This is attributed to the signing of new-generation free trade agreements and the more favourable policies on foreign investment, among others.
With Vietnam set to maintain momentum to realise its dream of becoming an alternate global supply chain leader, the Fourth Industrial Revolution is providing a boost for global industries to look to Vietnam as a major manufacturing hub in the Southeast Asia region.
The Government has promulgated a decision approving an action program to implement the Commodity Import-Export Strategy by 2030.
Vietnamese deputy prime minister Le Van Thanh recently approved the Commodity Import-Export Strategy till 2030, aimed at achieving an average commodity exports growth of 6-7...