Trade counsellors praised for helping boost Vietnam’s exports

Speaking at the 2018 Trade Counsellor Conference held in Ho Chi Minh City on February 26, Truong Quang Hoai Nam, Vice Chairman of the Can Tho People’s Committee, said his city’s exports last year increased by 15 percent over 2016. “In addition to efforts made by businesses themselves, trade counsellors contributed to the success of the city’s exports by providing them with information.” The export of livestock products remains very modest compared to the development potential Deputy Minister of Industry and Trade Tran Quoc Khanh said Vietnam’s exports reached a record 213.8 billion USD last year, an increase of 21.1 percent. “There was certainly a contribution by trade counsellors, who besides helping businesses promote their products abroad, also verify information about their partners and provide support in case of trade disputes,” he said. But there were still shortcomings in the system, and the biennial conference was held to review the previous two years and set goals for the next two, he said. Delegates said information provided by trade counsellors in both directions was sometimes too general. Besides, they sometimes stop at providing just addresses and phone numbers of businesses, he said. “We need quick information and early market forecasts. We only get the information that the US changed its policy after the change. If we get the information a few months earlier, businesses could be more proactive,” Nam said. The city and its businesses want to take part in trade fairs to promote its key products like seafood and rice,… [Read full story]


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