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Vietnam Plans to Increase Export Turnover in 2001
Vietnam has set a total export turnover target of US$19.2 billion for 2001, or a year- on-year increase of 16 percent, the local daily Vietnam News reported Tuesday.
This year, the country will maintain a high growth rate of export in crude oil, garments and footwear while increasing the export of industrial, processed and hi-tech goods.
To expand overseas markets, the Vietnamese government will set up a legal framework that encourages Vietnamese goods exports and take new measures including marketing studies and the provision of market information to businesses.
Vietnam's export turnover reached US$16.5 billion in 2000, including US$14.3 billion from commodities, 23.9 percent over 1999. The country had expanded its outlets to China, Japan and the United States. Imports also increased but were still within the permissible level.
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