Factors that help Vietnam's exports can reach 618

Standard Chartered forecasts that Vietnam's exports are expected to reach 618 billion USD in 2030, with an annual growth rate of 7%, higher than the global average of 5%. Standard Chartered's research report "The Future of Trade: New Opportunities for High Growth Corridors" stated that Vietnam's GDP growth in the second quarter of 2023 is forecast to slow down, but growth will recovered in the second half of the year, while long-term forecasts remained positive, most clearly seen in the import-export sector. Specifically, according to statistics from the General Department of Customs, Vietnam's total import-export turnover of goods from the beginning of the year to the end of June 15, 2023 reached more than 287.9 ​​billion USD, down 15.2% compared to the same period last year. period 2022; of which exports reached 148.87 billion USD, down 12% and imports reached 139.07 billion USD, down 18.4%. The trade balance of goods had a surplus of 9.8 billion USD.