Vietnam looks to drive exports by boosting higher-value growth
Hanoi, Sept. 3 -- Vietnam has sustained export pace, but room for stronger overseas shipments in the year's final months will be expanded substantively only when businesses move beyond volume-driven growth and focus on market diversification, higher value-added products and greater competitiveness, said insiders. At a recent meeting on the draft import - export strategy to 2030, with a vision to 2045, Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan stressed that the new strategy must be practical, feasible and aligned with the goal of double-digit economic growth. Import and export activities should be viewed in a dynamic balance, with exports, imports, domestic production and supply chains considered as an integrated whole. As...
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