A consumer shop at a trade fair recently held in Long Xuyen City, An Giang Province. — VNA/VNS Photo Cong Mao Trade promotion programmes helped generate more than US$583 million in contract value and transactions in 2017, according to the Viet Nam Trade Promotion Agency (Vietrade). Vu Ba Phu, director of Vietrade, at a conference on Monday to discuss 2018 tasks, said that trade promotion programmes attracted nearly 15 million visitors with 357,000 transactions last year. The national trade promotion programme helped exporting companies to penetrate new markets of significant potential and expand exports to major markets. Vietrade’s initial statistics showed that exports to ASEAN markets rose by 24.3 per cent, to China by 60.6 per cent and to Japan by 14.2 per cent last year. The programme focused on promoting exports of agricultural and fishery products with an expense of VND31 billion or 34.7 per cent of the programme’s total expense, as well as industrial products with an expense of VND10.1 billion. Developing the domestic market was also important, with trade promotion programmes organised in border, mountainous and remote areas in line with the campaign of Vietnamese priority for Vietnamese goods, Phu said. However, Phu said that many local trade fairs were still poor in products and organisations, which were not attractive to customers. In 2018, Vietrade would enhance supervision on the implementation of trade promotion programmes to improve efficiency and provide training to associations and local agencies in organising trade promotion activities. The national trade promotion programme in… [Read full story]
More than 6,800 domestic enterprises were helped to participate in trade promotion activities through the national trade promotion programme in 2013. The news was announced at a conference held by the Ministry of Industry and Trade (MoIT) in Hanoi on January 16, which reviewed the programme's operations during the year. According to representatives from the Department of Trade Promotion (DTP) under the ministry, over 280,000 commercial transactions were implemented in 2013, with the total value of signed deals and memorandums of understanding reaching over 1.4 billion USD and 7.7 million USD respectively. In addition, the fair activities hosted by the…... [read more]
Under the programme, practical and feasible trade promotion activities will be implemented from the beginning of the year, aiming to expand export items and markets with a focus on Vietnam’s free trade agreement (FTA) markets, including Japan, the Republic of Korea (ROK), the United States, and markets of the Vietnam-EU FTA, the ASEAN Economic Community, the Eurasian Economic Union and the China-ASEAN FTA. Together with the acceleration of exports and the reduction of trade deficit, the programme will continue implementing trade promotion activities to develop the domestic market; rural, mountainous and border areas; and disadvantaged localities, contributing to effectively implementing…... [read more]
Viet Nam News HÀ NỘI - The Ministry of Industry and Trade (MoIT) has approved 199 projects for the National Trade Promotion Programme in 2017, which will be implemented with VNĐ90 billion (US$3.96 million) sourced from the State budget. Deputy head of the MoIT's Trade Promotion Agency (Vietrade) Tạ Hoàng Linh delivered these figures during a conference in Hà Nội yesterday that reviewed the 2016 programme. This year's programme aims to expand export markets, targeting several markets in the EU such as France, Germany, Belgium and Italy, those participating in the Trans-Pacific Partnership including Australia, South Korea, Japan and New…... [read more]
The Ministry of Trade (MoT) has approved the national trade promotion programme for 2006, including five specific programmes sponsored by the Vietnam Trade Promotion Agency and implemented by the MoT's Asia-Pacific Department in China, Taiwan, Hong Kong, Cambodia, Australia and New Zealand. Under these programmes, 15 businesses will participate in an international fair for small and medium sized enterprises in China from September 15-18; 30 enterprises will attend the Vietnamese Trade Week in Taiwan in October; 15 firms will exhibit their products at the Hong Kong Food Fair from August 17-21; two groups of 30 enterprises each will visit Cambodia…... [read more]
The national trade promotion programme has been carried out for three years and generated many noteworthy results. It not only helps industries and enterprises to expand markets and seek export partners but also widens the road for Vietnamese goods to penetrate global markets. However, the current context requires changes to use the fund for this programme effectively. This aspect has been tabled at a conference on "Trade promotion activities to boost northern export" held by the Ministry of Industry and Trade on June 9, 2009. The meeting gathered representatives from 28 trade promotion centres in 28 Northern provinces and cities.…... [read more]