Deputy Minister of Industry and Trade Do Thang Hai addresses  a ceremony to release the Vietnam Industry White Paper 2019 in Hanoi on October 22, 2019.

The White Paper says export plays an important role in Vietnam’s giant leap forward in CIP. Vietnam’s average export per capita increased 6 times. The country’s exports of hi-tech products surpassed Indonesia and India and is on track to keep up with China. However, localization proportion of Vietnamese exports decreased from 56% to 52%

Manufacturing value added (MVA), an important factor that reflects a country’s production capacity and competitiveness, surged from 15 billion USD in 2006 to 26.6 billion USD in 2016.