What are Vietnam's major ASEAN exports?

Three Vietnamese commodities had the significant turnover increase compared to 2012:

• Phone and mobile production, of which total turnover has reached US$ 334.7 million, accounting for 6.5 percent of Vietnam's total turnover;
• Crude oil with turnover of US$ 294.1 million - an incredible increase of 326.3 percent compared to 2012; and
• Vehicles and other related components with a turnover of US$ 176.9 million.

Besides pushing for stronger economic ties with other ASEAN nations and the development of its industrial parks (IP) and economic zones (EZ), Vietnamese government has made a proposal to Ministry of Finance and State Securities Commission to allow foreign firms to have up to 59 percent of domestic company's charter capital.