Efforts made to boost exports to Northeast Asia

In the remaining months of 2024, the Ministry of Industry and Trade will continue implementing concerted solutions to develop Vietnam’s foreign trade, in which Northeast Asia with important markets will be identified as the focus, according to the ministry’s Asia-Africa Market Department. Each year, over 100 billion USD of goods made in Vietnam are exported to Northeast Asian markets, including such big importers as China, the Republic of Korea (RoK), Japan, and China’s Taiwan and Hong Kong. So far this year, the total export revenue to this region neared 50 billion USD, of which 22.6 billion USD was from China, up 10.2%, 10.4 billion USD from the RoK, up 12.8%, and 9.5 billion USD from Japan, up 4.7% against the same period last year.

Source: Vietnam News Agency

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