GOODS EXPORT GROWTH RATE SHALL BE ON AVERAGE OF 6-7% PER YEAR IN THE 2021-2030 PERIOD
On April 19, 2022, the Prime Minister promulgates the Decision No. 493/QD-TTg on approval of the goods import and export strategy toward 2030.
Accordingly, the Strategy’s specific objectives include: Goods export growth rate shall be on average of 6-7% per year in the period of 2021-2030; Goods import growth rate shall be on average of 5-6% per year in the period of 2021-2030; To balance the trade balance in the period of 2021-2025, towards maintaining a sustainable trade surplus in the period of 2026-2030, etc.
Besides, the orientation of goods export includes promoting in-depth restructuring of exported goods, accelerating industrialization and modernization; increasing the proportion of exported products with added value, with science - technology content, high innovation content, green economic products, circulatory economy, eco-friendly products.
Funding sources for the implementation of the Strategy shall be arranged from the following sources: state budget, enterprise capital, sponsorship, aid and other lawfully mobilized capital sources as prescribed by law; in which the state budget is partly supportive according to its balancing ability.
This Decision takes effect from the signing date.
