Exports

Vietnam targets US$300-billion exports in 2020

Vietnam targets US$300-billion exports in 2020

In 2019, for the first time Vietnam’s trade turnover exceeded the US$500-billion mark to reach nearly US$517 billion, of which exports stood at US$263.5 billion, up 8% year-on-year.

Hanoi aims 2020 GRDP growth of at least 7.5%

Hanoi aims 2020 GRDP growth of at least 7.5%

This would result in income per capita of VND136 million (US$5,871), significantly higher than Vietnam’s GDP per capita of US$3,000 in 2016 – 2020 and an estimated US$4,688 in 2021 – 2025.