Export target set at 393-394 billion USD in 2023: Ministry
The Ministry of Industry and Trade plans to set a target of 6% growth in export value this year, considering unpredictable factors that can affect import-export, according to Deputy Minister Do Thang Hai.
At the Government's regular press conference (Photo: VNA)
Hanoi, (VNA) – The Ministry of Industry and Trade plans to set atarget of 6% growth in export value this year, considering unpredictablefactors that can affect import-export, according to Deputy Minister Do ThangHai.
Speaking at the regular Government press conference for January on February 2,the deputy minister said export revenues reached 371.3 billion USD in 2022, up10.5% from the previous year. Thus, with the projected growth rate of 6%, totalexport value this year would be around 393-394 billion USD.
According to Hai, fallingworld demand is a big challenge for Vietnam’s exports in 2023. He said Vietnam’sexport growth will depend on such factors as the Russia-Ukraine conflict andinflation in big import markets.
Besides, tax cuts in line with roadmaps set by free trade agreements and stronginvestment inflows are favourable factors for export, he said./.
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At the Government's regular press conference (Photo: VNA) 
