Turnover Slows Down in Some Main Exports in 2008

At a meeting discussing on 2008 plan and tasks, Vice-Minister of Industry and Trade Nguyen Thanh Bien warned that while setting the objective for 2008 export (US$58.8 billion and 22 per cent more than 2007), businesses and related ministries must take into consideration the fact that beside export items continue to increase namely garment and footwear, some others will slows down or hit the ceiling such as agriculture-forestry-fisheries products.

For instance, in 2007, coffee export value is US$1.6 billion. It remains the same in 2008. Rice export turnover in 2007 is US$1.48 billion, in 2008 it increases insignificantly to US$1.5 billion. Similarly, rubber will increase from US$1.35 billion in 2007 to US$1.4 billion in 2008.