Speaking at the forum, Deputy Minister of Industry and Trade Phan Thi Thang said the Vietnamese government has set an export growth target of 15-16% this year, aiming for export revenue of up to 550 billion USD.
With 17 free trade agreements signed and in effect, a stable investment environment, and improved production capacity, Vietnam is a preferred destination for international corporations seeking to diversify their supply chain.
Economists say the current shift in global supply chains presents major opportunities for Vietnamese businesses, but they need to improve their technological capacity, product quality, and data management, while meeting green standards, to participate more deeply in global value chains.
