Sunday, 23/2/2020
Export over the past 20 years of renovation
30/3/2007 11:37' Send Print

Over the 60 year development history of commercial services (1946-2006), there has been a number of noteworthy segments. Our exports in 2005 reached USD 32.2 billion which was 40.8 times the 1986 turnover (USD 789 million). In 2000, export turnover per capita exceeded USD 180/year. By 2005 this figure increased to USD 390. In 2005, monthly export turnover was USD 2.68 billion which was higher than the 1992 annual figure (USD 2.58 billion). In 2006 our exports registered a high growth rate with an annual turnover of USD 39.6 billion, an increase of 22.1% from 2005. There were 9 export items which recorded export turnovers of more than USD 1 billion.

There were several key reasons for this success : 1/ the policies regulating exportation were more comprehensive and realistic than before; 2/ investment policy produced new momentum for foreign investments; 3/ trade promotion became a indispensable tool to export performance; 4/ export markets were expanded globally; 5/ active international economic integration produced a quantum leap for external economic activities in general and exports in particular; 6/ export quantity increased considerably, especially of high-turnover export items; 7/ each province/city was a dynamic export manufacturing site; 8/ border economic zones significantly contributed to the national export turnover; 9/ the role of trade villages in export activities was affirmed; 10/ pro-export administration reform was strongly carried out.

The above-mentioned 10 points encompass both the momentum and the results which are closely inter-related.

To achieve the set 2007 export turnover of USD 45.54 billion which is 20% higher than 2006, the commerce branch needs to promote effectiveness and efficiency, sustainability and quality of export development so as to support the GDP growth. Developing the production of items which are internationally competitive, and actively promoting potential items of new key export items which use a high percentage of domestic raw materials and local labor. Transforming the export structure so as to increase the ratio of high value-added commodities. Increasing the percentage of high technological and intelligent items and reducing raw material and agent-based exports in the export turnover. We should implement the following 5 solutions:

- Continuing to mobilize all economic sectors to participate in exportation.

- Perfecting the system of regulating import and export activities according to international commitments and other international practices.

- Bringing into full play internal powers and making good use of international support to strengthen and expand export markets, especially the new ones.

- Combining export promotion with investment promotion, the promotion of tourism, insurance and banking, post and telecommunication, air aviation, forwarding and international transport.

- In order to ensure equality in international trading relations, management agencies should cooperate with business associations and the enterprise community to conduct lobbies and form alliances in international trade disputes.

Nguyen Duy Nghia