DNVN - According to Mr. Nguyen Anh Son - Director of the Import-Export Department (Ministry of Industry and Trade), the export target of increasing by over 12% in 2025 is very high, posing a great challenge, requiring synchronous efforts from businesses to management agencies.
According to Resolution No. 25/NQ-CP dated February 5, 2025 of the Government, the country's GDP growth target is 8% or higher. Of which, goods exports must increase by over 12%, with a trade surplus of goods estimated at 30 billion USD.
Assessing the export growth target, Mr. Nguyen Anh Son - Director of the Import-Export Department (Ministry of Industry and Trade) said that with the export growth target of 12-14%, each month must export about 38 billion USD, compared to 2024, each month must export more than 4 billion USD.
"This target is very high. Can markets import 100,000 billion VND per month compared to 2024? Can Vietnam's production scale produce an additional 100,000 billion VND worth of goods per month?", Mr. Son wondered.
Resolution No. 25/NQ-CP dated February 5, 2025 of the Government sets the target of increasing goods export growth by over 12%.
Figures for the first two months of 2025 show that total exports reached 65.2 billion USD, up 9.9% over the same period last year. Meanwhile, imports reached 62.9 billion USD, up 16%, resulting in a trade surplus of about 2.3 billion USD.
Exports of FDI enterprises in the first two months of the year are estimated at 46.5 billion USD, up 7%, while exports of 100% domestic-owned enterprises are estimated at 18.7 billion USD, up 17.8%.
Of which, the export of agricultural and aquatic products is estimated at 5.7 billion USD, up 7.7%; the fuel and mineral group is estimated at 560 million USD, down 23.9%; the processing industry group is estimated at about 56 billion USD, up 10.8%.
These figures show a positive recovery, but the gap to reach the target is still very large.
The Ministry of Industry and Trade emphasized the need to synchronously deploy solutions from State management to business strategy. In particular, increasing the provision of market information and updating new policies so that businesses can proactively adjust their production plans is a key factor.
At the same time, the Ministry will proactively develop scenarios to respond to global trade fluctuations, especially in the context of increasing trade war risks. To expand export space, Vietnam needs to promote market diversification, reduce dependence on some traditional markets, and at the same time make good use of opportunities from free trade agreements.
In addition, reforming administrative procedures towards simplicity, reducing document processing time and promoting the application of digital technology in import-export management will help businesses save costs and improve competitiveness.
On the business side, the Ministry of Industry and Trade recommends that improving product quality and ensuring technical, labor and environmental standards are prerequisites to maintaining export advantages. Businesses also need to closely follow recommendations from the Ministry of Industry and Trade and management agencies to have appropriate production and market access strategies.
The 2025 export target is a big challenge, requiring concerted efforts from businesses to management agencies to conquer this ambitious growth target.
Minh Thu
Source: https://doanhnghiepvn.vn/kinh-te/muc-tieu-tang-truong-xuat-khau-tu-12-tro-len-rat-thach-thuc/20250304033031852
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