Vietnam will focus on exporting staple products and adjust growth orientations of sectors in 2017.
Deputy Director of the Export and Import Department of the Ministry of Industry and Trade, Tran Thanh Hai, said the country will concentrate on product quality and added values instead of quantity.
“In the international market, good distribution, trade mark promotion, and product diversification will earn high profit. Planting and processing earn less profit or added values. Restructuring economic sectors is closely associated with trade policies, particularly export regulations. Import what we lack will benefit the economy," he said.
Vietnam’s export growth rate in 2016 increased 8% compared with the previous year. Export surplus was at US$2 billion.
Experts said Vietnam’s export and import are increasing in a sustainable manner.VOV