Export turnover aims for US$165 billion in 2015

The Ministry of Industry and Trade (MoIT) has set a target of US$165 billion in export turnover in 2015 by expanding the market and ironing out snags in businesses to ensure sustainable export growth.

The Ministry of Industry and Trade (MoIT) has set a target of US$165 billion in export turnover in 2015 by expanding the market and ironing out snags in businesses to ensure sustainable export growth.

At a review meeting on December 31, the Ministry said that Vietnamese exporters should grasp opportunities brought about by trade agreements in the new year.

Minister Vu Huy Hoang said,“We will continue to remove obstacles to businesses, particularly small and medium-sized businesses (SoEs) to help them stabilize their production and bolster exports. We will try to find new markets and boost trade promotion to achieve a 10% export growth rate in 2015.”

Vietnam’s export value in 2014 was estimated at US$150 billion, up 13.6% from a year earlier.