Thursday, 09/07/2009 13:42

Online forum aims to boost exports

Industry and trade officials and enterprises met on July 8 in an online conference between Ha Noi, Da Nang and HCM City to discuss ways to boost exports and industrial values over the next five months.

The sector must try harder to gain better results, said Bui Xuan Khu, Deputy Minister of Industry and Trade.

Khu said that although the National Assembly had reduced targets for industrial products and exports, the sector still needed a push in the right direction.

Industry growth was expected to reach 10 per cent, while export growth was expected to hit 3 per cent. But according to ministry data, the industrial production values and exports of the country had fallen, including a decrease of 11.7 per cent against the same term last year for industrial value and a decrease of 10.13 percent for export turnover, which had reached only VND27.6 trillion (US$1.5 billion) in the first six months.

Khu asked relevant authorities to try to ease difficulties for enterprises so that they could boost production. He asked the Electricity of Viet Nam to boost their management and operate their grids effectively to better serve families and local demands. He also asked the Viet Nam Garment and Textile Group to boost its exports and expand the domestic market, giving priority to low-income clients.

The ministry would co-operate win relevant enterprises and localities to help increase exports of rice, fisheries and other agriculture products to give more jobs to farmers.

They would focus on the Japanese market, which had a lower import tax for farming products for Viet Nam, as well as find new markets for rice, coffee and mechanical products in Africa and the Middle East, said Khu.

Khu asked domestic enterprises to build their own projects to get support from national trade promotion and to take advantage of the stimulus package.

The Ministry of Industry and Trade would work with the Ministry of Finance to change import and export taxes to increase exports and build the export credit insurance project.

Khu asked for more market studies to strengthen the domestic market and to sell more products to rural areas.

Le Quoc An, Chairman of the Viet Nam Garment and Textile Association, asked the Government to better reform administrative procedures, especially to speed up customs procedures and to reduce electricity prices during peak times for the sector.

An also asked for the restructuring of the industry, under which they would build more factories with lots of workers. He asked for land to accommodate garment workers.

Huynh Minh Hue, Deputy Chairman of the Viet Nam Food Association, asked for better and more transparent policies on rice exports.

vietnamnet, vietnamnews

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