HCM City targets US$35 billion for export earnings
The southern economic and business hub, Ho Chi Minh City, targets export revenues of US$35 billion this year, a year on year rise of 8-10%, according to the municipal Department of Industry and Trade.
To reach the goal, the city has steered businesses to focus on shipping industrial and processed goods with high added value.
The businesses are also advised to strengthen their presence in big markets in Europe, the America, and Asia, while seeking new potential outlets in Africa and Oceania.
In 2014, excluding crude oil, the City’s export revenues reached US$27.8 billion, up 12% from 2013.
In the first month of 2015, it raked in over US$2 billion from overseas shipments, a 9.1% increase year on year.
The businesses are also advised to strengthen their presence in big markets in Europe, the America, and Asia, while seeking new potential outlets in Africa and Oceania.
In 2014, excluding crude oil, the City’s export revenues reached US$27.8 billion, up 12% from 2013.
In the first month of 2015, it raked in over US$2 billion from overseas shipments, a 9.1% increase year on year.