Asian Business Magazine Talks up Viet Nam’s Trade

The Far Eastern Economic Review (FEER), Dow Jones’ monthly magazine on Asia, has paid tribute to Viet Nam’s sea-born industries.

Viet Nam is emerging as a leading exporter of coffee

The country’s seafood, ship-building, oil and gas and maritime tourism industries are viewed as its strength, according to the magazine’s September 2007 issue.

Aside from the sea-born economy, Viet Nam is emerging as a leading exporter of coffee, pepper, rubber, garments and footwear.

The runaway economy has created jobs for millions of unskilled laborers, a large majority of which are women from the country’s rural areas.

However, the magazine recommended that Viet Nam should gradually shift from a processing economy to high-tech industries to reap the benefits of value added goods and services.

Source: VNA

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