High export growth expected in 2014
(VOVworld) – The Ministry of Industry and Trade (MIT) has forecast this year’s export turnover to reach 147 billion USD, up 10% from last year. Statistics from the Customs Department show that Vietnam’s export value in January reached 5.55 billion USD with an export surplus of 40 million USD.
The Ministry of Industry and Trade based its forecast on positive signs of the macro-economy, controlled inflation, and stable monetary policies and foreign exchange rates. In addition, the Free Trade Agreements, which are under negotiation or will be signed this year, particularly the Trans-Pacific Partnership Agreement (TPP), will bring about many opportunities for Vietnam’s exports.