According to the report, 41% of the world’s companies are currently doing business in Vietnam or planning to invest within the next 5 to 10 years. This shows that Vietnam will be one of the key motivations for global trade growth over the next decade.
The United States and China continue to be Vietnam’s largest export markets, accounting for 26% and 19% of Southeast Asian countries’ total export sales, respectively, by 2030, Vietnam’s media reports quoted this document. There is.
According to a survey by Standard Chartered Bank, Vietnam’s export sales are projected to grow at an average annual rate of 7% and reach $ 535 billion by 2030. Global exports are also projected to nearly double from $ 17.4 trillion to $ 29.7 trillion over the next decade, a report entitled “The Future of Trade 2030: Notable Trends and Markets” said.
Vietnam is an emerging manufacturing powerhouse with expanding international trade relations.
According to Michelewee, Chief Executive Officer of Standard Chartered Bank Vietnam, Vietnam is being integrated into the world economy through various free trade agreements (FTAs), with many advantages, expanding exports and You can expand your value chain across sectors. Create a skilled job.
Produced by PwC Singapore, this report is based on an analysis of historical trade data and forecasts up to 2030, as well as insights from a survey of more than 500 senior leaders of global companies.
Fiber2Fashion News Desk (DS)
Vietnam’s export sales are projected to reach $ 535 billion by 2030
Source link Vietnam’s export sales are projected to reach $ 535 billion by 2030