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Da Nang targets average annual export growth rate of 9 - 10% during 2022 - 2030

The Da Nang government has issued a plan to implement an action programme to implement the strategy of importing and exporting goods by 2030, with the target that the average annual export growth rate will reach about 9 - 10% in the 2022 - 2030 period, especially 8-9% in the 2022 - 2025 period and 10-11% in the 2026 - 2030 period.

The average anural import growth rate during 2022 - 2030 will reach about 5 - 6%, of which 4 - 5% for 2022 - 2025 and 6 - 7% for 2026 - 2030.

The city’s orientation is to focus on attracting large enterprises to invest in producing export goods, improving production and export capacity of key commodities and encouraging the import of high-tech goods, effectively exploiting markets with which Viet Nam has negotiated and signed new-generation free trade agreements.

The plan also sets out key tasks, including developing production, export and import markets, ensure sustainable growth in the long term, effectively using resources for export development, strengthen State management in import and export activities in order to facilitate trade, combat trade frauds and secure fair trade, as well as enhancing the role of industry associations and nuclear enterprises and promoting the formation of large-scale export value chains.

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