Vietnam has high import-export volumes

by VTV407 September 2017 Last updated at 13:59 PM

VTV.vn - Vietnam's export growth is always higher than the global average but the country's exports do not have high added values.

This statement was announced by the World Bank at a seminar to announce the report on Vietnam's participation in new value chains on Sept 7th in Hanoi.According to the report, Vietnam's imports and exports mainly come from 4 sectors including automobile and motorbike, electronics, agro-products, garments and textiles. However, Vietnam mainly focuses on outsourcing and assembly, which do not bring high added values. Particularly, cooperation between FDI and the private sectors is weak. In addition, expenses on logistics, customs services and infrastructure have decreased but remain high.

Tags:

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2024-10-15 07:04 UTC

WEATHER FORECAST