On April 19, 2022, the Prime Minister issued Decision
No.493/QĐ-TTg approving the strategy for merchandise exports and imports by
2030.
General objectives are to ensure
sustainable development in a balanced and harmonious structure; bring more
competitive advantages; develop the brand name of Vietnamese goods; improve the
country's position in the global value chain; become the driving force of fast
and sustainable economic growth.
The specific objectives of the Strategy are as follows:
- Stable growth, healthy and
reasonable trade balance.
+ The average growth rate of
commodity exports is expected to reach 6-7%/year in the period of 2021 - 2030,
including the average export growth rate in the period of 2021 – 2025 which is
expected to be 8-9%/year; the average export growth rate in the period of 2026
– 2030 which is expected to be 5-6%/year.
+The average growth rate of
commodity imports is expected to reach 5-6%/year in the 2021 – 2030 period,
including the average export growth rate in the period of 2021 – 2025 which is
expected to be 7-8%/year; the average export growth rate in the period of 2026
– 2030 which is expected to be 4-5%/year.
+ Maintain the trade balance in
the period of 2021 - 2025; strive to maintain a sustainable trade surplus in
the period of 2026 - 2030; look forward to a healthy and reasonable trade
balance involving key trade partners.
- Sustainable development with a balanced and harmonious product
and market structure
+ Increase the proportion of goods
in the export processing and manufacturing industry to 88% of total export
turnover by 2025 and 90% by 2030; including, the export proportion of medium
and high-tech goods which is expected to reach about 65% by 2025 and 70% by
2030.
+ Increase the proportion of
exports into the EU market to 16 - 17% of total export turnover by 2025 and 18
- 19% by 2030; into the American market to 32 - 33% of total export turnover by
2025 and 33 - 34% by 2030; into the Asian market to about 49 - 50% by 2025 and
46 - 47% by 2030.
+ Increase the proportion of
imports from the EU market to 8 - 9% of total export turnover by 2025 and 10 -
11% by 2030; from the American market to 8 - 9% of total export turnover by
2025 and 10 - 11% by 2030; decrease the proportion of imports from the Asian
market to about 78% of total export turnover by 2025 and 75% by 2030.
In addition, the import and export
orientation of goods is to promote the shift to
the in-depth structure of exported goods, accelerate industrialization and
modernization; increase the proportion of products with high added value,
science – technology and innovation content; products of the green and circular
economy; eco-friendly products for export.
Funding for implementation of the Strategy shall
be derived from the following sources: state budget, capital of enterprises,
grants, financial aid and other lawfully mobilized funds as prescribed by law.
In particular, the state budget shall provide partial funding, depending on its
funding availability.
This Decision
shall enter into force from the signature date.
Department of
Enterprise Management.