Freight forwarders are expecting exports from Vietnam to the west to rise, as producers invest in new production capacity and Vietnam builds up new transport infrastructure. China’s currency is gradually appreciating, which is making exports more expensive – in addition, a container shipping line is now making regular calls at the port of Cai Mep, which is encouraging manufacturers to invest.
Exports from Vietnam are expected to increase more than 20% this year, which will be above the record 62.7 bn dollars achieved in 2008. Garment exports are expected to reach 11 bn dollars this year, and industrial and electronic goods have been rising rapidly.