Vietnam import-export turnover hits 400 billion USD

(VOVWORLD) - Vietnam’s import-export revenue reached 400 billion USD in mid December, a fourfold increase in ten years.
Vietnam import-export turnover hits 400 billion USD - ảnh 1 Vietnam's import-export turnover increases by years.

At a ceremony in Hanoi on Tuesday, Deputy Prime Minister Vuong Dinh Hue said the record figure illustrates the right direction of the Party and State in economic development. He suggested: “We should pay greater attention to administrative reforms in accordance with the customs sector’s development strategy until 2020. E-payment, online public services, and more IT application are necessary to facilitate import-export activities”.

Vietnam has enjoyed a trade surplus of 2.5 billion USD and the figure is expected to hit 3 billion USD this year, a significant factor in controlling inflation and stabilizing the macro-economy and exchange rates. The government is likely to achieve, and even surpass all 13 socio-economic targets set for 2017.

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