Vietnam's export set to hit US$340 billion in 2025


A man is checking on the latest news with his smartphone while sitting inside a shopping mall in Hanoi. A recent coronavirus outbreak late July in the beach resort of Danang, central Vietnam, has put the country back on high alert and several towns are under virtual lockdown. - AFP

HANOI, August 15 (Bernama) - Vietnam’s export is set to grow 5 per cent annually from 2021 to 2025 to reach US$340 billion in 2025, according to the Ministry of Industry and Trade (MoIT)’s plan on socio-economic development for the five-year period.

The goods export growth of domestic firms is projected at 5 per cent, with export to Europe and America expanding from 7-10 per cent each year, Vietnam news agency (VNA) reported.

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