London, March 4 (VNA) – Vietnam, together with India and China, is expected to record the strongest export growth at a double-digit level annually throughout the period 2013-2020, according to the latest HSBC Global Connections report.
China is likely to remain Brazil ’s largest export market while the country’s fastest growing export partners would be India and Vietnam , the report said.
As China shifts its focus towards higher value-added sectors, this will create opportunities for economies with low-cost labour such as Vietnam and Bangladesh .
Advanced economies currently conduct the majority of their trade with other developed economies, but they will see a growing share of their exports directed to the emerging markets./.
Vietnam News Agency
