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You are here: Home / business / Experts: Government’s 2019 export goals achievable

Experts: Government’s 2019 export goals achievable

October 31, 2018 by vietnamplus Leave a Comment

A pineapple processing line of the An Giang An Giang Fruit-Vegetables & Foodstuff JSC in AN Giang province (Photo: VNA) Hanoi (VNA) – Experts have judged that the national export goal and trade deficit rate next year set by the Government was feasible. At the sixth session of the 14th National Assembly, the Government discussed economic goals for next year. The goal is for gross domestic product (GDP) to increase between 6.6 and 6.8 percent, consumer price index (CPI) growth to be about 4 percent on average, the total export turnover to increase between 7 and 8 percent, the ratio of trade deficit over the total export turnover to be less than 3 percent and the total development investment capital for the society to be 33-34 percent of GDP. Associate Professor Dr Dinh Trong Thinh from the Academy of Finance said Vietnam had exceeded the plan set by the National Assembly and the Government for import-export activities over the past few years. “This is a remarkable achievement, contributing to the relatively stable economic growth,” he said. Although the country’s export growth is dependent on foreign direct investment (FDI) enterprises, Thinh is optimistic that the export of agriculture, forestry and fishery products, fruits and vegetables had made significant progress in recent years. Fruit had become a bright spot in export activities as it overcame rice exports. This was a very important move in changing Vietnam from a rice producer to an exporter of vegetables and fruits, Thinh said. Consumer goods have also shown relatively strong development,… [Read full story]




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