Viet­nam won’t meet trade tar­get: min­is­ter

China Daily (USA) - - BUSINESS -

Viet­nam is un­likely to meet a 10 per­cent ex­port growth tar­get in 2016, ac­cord­ing to the Viet­namese trade min­is­ter on Mon­day. In the first 10 months of this year, Viet­nam’s to­tal ex­ports reached $143.9 bil­lion, a yearon-year in­crease of 7 per­cent. Of the to­tal, the agro-forestry-fish­ery sec­tor had break­through growth in ex­port val­ues of 7.9 per­cent to $18.3 bil­lion, while in first 10 months of 2015, the sec­tor sawa year-on-year re­duc­tion of 9.7 per­cent, In­dus­try and Trade Min­is­ter Tran Tuan Anh was quoted by the state-run news agency VNA as say­ing. How­ever, he said the 10 per­cent tar­get would not be­met be­cause un­sta­ble politics in key ex­port markets had re­duced de­mand and prices.

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