Vietnamese Prime Minister has asked the trade sector to strive for 20 per cent on-year export growth, to US$47.5 billion this year, aiming to realize the country’s targeted GDP growth rate of 8.5 per cent.
He highlighted that reforming trade-related regulations should be a leading priority for the sector in 2007, adding that removing barriers for exporters, ensuring domestic retail systems, encouraging domestic production and consumption, and protecting consumers’ interests will also be key tasks to fulfill the country’s targeted GDP growth rate.
At the national trade conference opened in Hanoi on February 1, the cabinet leader also urged the sector to work closely with the whole nation to increase economic growth speed, improve the effectiveness and sustainability of economic development, and turn Vietnam into an industrialized country by 2020.
Though the sector obtained significant export achievements in 2006, these were increases in volumes, not sustainable development, Dung remarked.
Administrative reform will not only have a good impact on exporters, but also improve the competitiveness of the whole economy, Dung said.
The PM also urged the trade sector to speed up trade promotion and search for new markets, as well as promote trade names of products and enterprises.
On this occasion, the cabinet leader presented certificates of merit to 141 exporters successful in three consecutive years.
Last year, Vietnam’s goods export increased to US$39.6 billion, equivalent to 65 per cent of the country’s GDP. (The People, Labor, Young People)
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