At the ceremony to launch procedures to issue online certificates of origin, form D (Photo: VNA) Hanoi (VNA) – Prime Minister Nguyen Xuan Phucasked the industry and trade sector to strive for an export turnover of 300billion USD next year during a conference held in Hanoi on December 27.
PM Phuc lauded the sector for record export-import valuethat contributed to an economic growth of 7.02 percent this year.
Industry and services accounted for 80 percent of the grossdomestic product (GDP) and 70 percent of the State budget collection, he said,adding that Vietnam became the 22nd largest exporter globally withexport growth quadrupling the world’s average.
This year, export-import value hit a record 517 billion USD,with a trade surplus of nearly 10 billion USD. Export by domestic firms reached82 billion USD, or nearly one-third of the country’s total exports.
According to the government leader, manufacturing andprocessing, electricity, chemicals, oil and gas have significantly contributedto the industry.
PM Phuc assigned the Ministry of Industry and Trade to closelyfollow the Politburo’s Resolution No.23 on orientations to building thenational industry development policy till 2030 with a vision to 2045.Accordingly, the building of mechanisms and policies for spearhead industries isan urgent need.
The ministry was also tasked with developing the processingindustry based on innovations as a foundation for competition
As Vietnam has joined a number of new-generation free tradeagreements (FTAs), the PM directed providing all possible support forexport-import and adjust relevant policies for each period.
He required that the sector must target a 12 percent growthfor manufacturing and processing, trade surplus accounting for 2 percent of theGDP, and a 12 percent growth in total retail and services next year.
To such end, the PM proposed tapping markets that signedFTAs with Vietnam, especially those in the European Union and members of theComprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
The sector was also urged to deliver on internationalcommitments and deal with loss-making projects.
On the occasion, the ministry also launched procedures toissue online certificates of origin, form D./.
PM Phuc lauded the sector for record export-import valuethat contributed to an economic growth of 7.02 percent this year.
Industry and services accounted for 80 percent of the grossdomestic product (GDP) and 70 percent of the State budget collection, he said,adding that Vietnam became the 22nd largest exporter globally withexport growth quadrupling the world’s average.
This year, export-import value hit a record 517 billion USD,with a trade surplus of nearly 10 billion USD. Export by domestic firms reached82 billion USD, or nearly one-third of the country’s total exports.
According to the government leader, manufacturing andprocessing, electricity, chemicals, oil and gas have significantly contributedto the industry.
PM Phuc assigned the Ministry of Industry and Trade to closelyfollow the Politburo’s Resolution No.23 on orientations to building thenational industry development policy till 2030 with a vision to 2045.Accordingly, the building of mechanisms and policies for spearhead industries isan urgent need.
The ministry was also tasked with developing the processingindustry based on innovations as a foundation for competition
As Vietnam has joined a number of new-generation free tradeagreements (FTAs), the PM directed providing all possible support forexport-import and adjust relevant policies for each period.
He required that the sector must target a 12 percent growthfor manufacturing and processing, trade surplus accounting for 2 percent of theGDP, and a 12 percent growth in total retail and services next year.
To such end, the PM proposed tapping markets that signedFTAs with Vietnam, especially those in the European Union and members of theComprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
The sector was also urged to deliver on internationalcommitments and deal with loss-making projects.
On the occasion, the ministry also launched procedures toissue online certificates of origin, form D./.
VNA
