Export highlights in the first 5 months of the year

In there, export activities Despite facing many difficulties, it has achieved impressive growth, making positive contributions to the process of economic recovery and development. Textile and garment is one of the fastest growing export sectors since the beginning of the year.

After the Government’s Resolution 128 stipulating temporary safe adaptation, flexibility, and effective disease control was issued, barriers were removed, production and exports recovered and grew strongly. As a result, the trade balance reversed from trade deficit to trade surplus. Exporting enterprises themselves have also made unremitting efforts to overcome difficulties and quickly seize opportunities.

Vietnamese businesses have also made good use of signed free trade agreements. Export turnover to EU, ASEAN and new markets such as Canada and Mexico recorded strong growth.

“Exports are always a variable in the GDP equation, and when exports increase, the country’s GDP also increases. We also see GDP in the first three months of the year increased by more than 5% and many forecasts also show that in the second quarter of the year. also grew at 5.6%,” said Mr. Tran Quoc Khanh – Deputy Minister of Industry and Trade.

According to the Ministry of Industry and Trade, after the epidemic, policies to support recovery are a very necessary and important stimulus for the economy to return to normal and thereby have enough internal resources to operate on its own. overcome future challenges.

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