Vietnam expected to be one of leading exporters in Asia in 2002
Ha Noi, Jan. 21 (VNA) -- Viet Nam has been predicted to be one of a group of leading exporters in the Asia region in 2002 by the Political and Economic Risk Consultancy (PERC).
The group, which also includes India, the Republic of Korea and Taiwan, is expected to obtain export growths ranging from 7 to 8.4 percent.
The Hong Kong-based PERC noted that one positive feature for Asia is that the thrust of government initiatives have been towards greater liberalisation, rather than protectionism, in the face of economic difficulties.
The trade pact between Viet Nam and the United States should spur Vietnamese exports to grow 7 percent this year, to USD 16.23 billion.
The country registered a year-on-year growth rate of 4.5 percent to earn USD 15.1 billion last year.
PERC, in a survey issued last October, said Viet Nam was considered a safer place for investment than anywhere else in Asia.--VNA
