Export growth can reach or even exceed 6%
According to detailed statistics from the General Department of Customs, the total export value of goods in July 2024 reached 36.24 billion USD, an increase of 7.7% compared to the previous month. Strong increase in product groups such as: Phones of all types and components; textiles; machinery, equipment, tools, spare parts; means of transport and spare parts; wood and wood products increased; rose rice...
Talking to reporters from Lao Dong Newspaper, Associate Professor, Dr. Dinh Trong Thinh - Economic expert - commented that the positive numbers on the total import and export value of domestic businesses in the 7 months of 2024 show that businesses Domestic industries are trying very hard to promote export activities. From there, increasing the ability to consume products and goods, as well as orienting our country's products in the world market.
"With the efforts of businesses and the support of the State, Vietnam is capable of achieving and even exceeding the export growth target of 6% in 2024. However, it is necessary to continue to implement solutions to Ministry of market search, improving product quality and supporting businesses to achieve this goal" - Associate Professor, Dr. Dinh Trong Thinh affirmed.
According to Ms. Dinh Thi Thuy Phuong - Director of the Department of Trade and Services Statistics (General Statistics Office), one of the bright spots of the Vietnamese economy in the first half of 2024 is that the export and import turnover of goods reached positive results.
The above results are achieved thanks to the efforts of the Government in drastically directing ministries, branches and localities and the determination of businesses to take advantage of opportunities of free trade agreements, strengthening promoting trade and promoting Vietnamese products to the international market, while affirming the quality of Vietnamese goods that are trusted by the world.
Besides, reflecting the world demand trend for some Vietnamese products maintaining a positive trend, domestic production activities recovered, meeting domestic and export demand in the coming time.
Take advantage of opportunities, open markets
According to Ms. Dinh Thi Thuy Phuong, in the coming time, it is necessary to synchronously and effectively implement a number of solution groups such as continuing to diversify forms of widespread propaganda about incentives in FTA Agreements, and at the same time popularize transform ways to make the most of market opening opportunities, promote exports and improve the efficiency of exporting Vietnamese goods to markets that have signed FTAs, innovate trade promotion activities, which focus on Centrally promoting the digital transformation program at the highest level in trade promotion activities, connecting supply and demand at home and abroad...
According to Associate Professor, Dr. Dinh Trong Thinh, to achieve and exceed the export growth target in the coming time, businesses need to actively seek new markets and customers, sign long-term and short-term export contracts. term (for holidays and Tet). Continue to improve the production process, save costs to reduce costs, increase profits, thereby having resources to invest in promotion and after-sales. At the same time, improve designs and packaging of export products to meet market standards and tastes.
According to detailed statistics recently announced by the General Department of Customs, import and export of domestic enterprises from the beginning of 2024 to now have prospered, reaching 141.86 billion USD, an increase of 20.8%, equivalent to an increase of 24%. .47 billion USD over the same period in 2023.
The trade surplus was 14.53 billion USD, 1.97 billion USD lower than the surplus of 16.5 billion USD in the same period last year. Vietnam's major consumer markets all increased orders, resulting in a double-digit increase in exports.
