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Vietnam eyes 600 billion USD in export turnover in 2021

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Hanoi (VNA) - Vietnam posted solid export performance in the first quarter of 2021, and at such a growth speed, its export turnover is likely to hit 600 billion USD for the whole year, experts have said.

Tran Thanh Hai, Deputy General Director of the Agency of Foreign Trade under the Ministry of Industry and Trade (MoIT), attributed the positive results to Vietnam’s success in fighting the COVID-19 pandemic.

It is necessary to continue paying special attention to responding to the pandemic, he stressed, noting that this will be the foundation and most important factor in sustaining export growth in the time to come.

Free trade agreements (FTAs) Vietnam has signed, especially the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam FTA (EVFTA), have benefited local exporters and helped them expand to new markets.

To maintain export growth, the MoIT has promoted online trade promotions and trade fairs as well as e-commerce, to support enterprises in maintaining trade links with partners, Hai said.

The ministry will also focus on accelerating institutional and administrative reform relating to exports, and providing information to exporters to address the difficulties they face.
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Poor journalism quality, as very common nowadays with Vietnamese "more free" media.

Vietnam's export in Q1 2021 is US$78.40 billions, an increase of 23.7%, while import in Q1 is US$75.61 billions, an increase of 25.8%. (Data from the Customs authority of Vietnam)

How someone can use these data to estimate an yearly 600 billions export is hard to find, but such error is very common in Vietnamese press nowadays indeed. Western-influenced journalists, especially Southern Vietnamese media, have no shame to fake or twist data to meet their rhetoric.
 
Poor journalism quality, as very common nowadays with Vietnamese "more free" media.

Vietnam's export in Q1 2021 is US$78.40 billions, an increase of 23.7%, while import in Q1 is US$75.61 billions, an increase of 25.8%. (Data from the Customs authority of Vietnam)

How someone can use these data to estimate an yearly 600 billions export is hard to find, but such error is very common in Vietnamese press nowadays indeed. Western-influenced journalists, especially Southern Vietnamese media, have no shame to fake or twist data to meet their rhetoric.
The article is published on a media run by Vietnam News Agency. The agency itself is a the mouthpiece of the VN government. You accuse, the government is run by western media that in turn is controlled by southern fraction that is unfortunately financed by the West? Good story.
About the figures, that’s a prediction. Relax, you don’t need to jump of window if you become too angry.
 
The record import-export turnover of over 600 billion USD. It's VNNs fault.
 
Poor journalism quality, as very common nowadays with Vietnamese "more free" media.

Vietnam's export in Q1 2021 is US$78.40 billions, an increase of 23.7%, while import in Q1 is US$75.61 billions, an increase of 25.8%. (Data from the Customs authority of Vietnam)

How someone can use these data to estimate an yearly 600 billions export is hard to find, but such error is very common in Vietnamese press nowadays indeed. Western-influenced journalists, especially Southern Vietnamese media, have no shame to fake or twist data to meet their rhetoric.
I felt there was something fishy when they kept repeating the phrase "export turnover" and was about to look into it. Thanks for saving me the trouble. LMAO at Vietnam's "exports" being 2.25X its GDP.
 

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