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Hanoi helps businesses access export markets
The Hanoi Department of Industry and Trade held a trade promotion conference on October 12 to make businesses better aware of the need to seek out new export markets.
Present at the conference were business associations, various embassies, the European Chamber of Commerce and Industry (EuroCham) and export businesses from Hanoi.
Matthing Duehn, director of EuroCham in Hanoi presented a range of export measures in respect of the current global economic crisis. The Indian Business Association and the Rumanian Embassy in Vietnam also proposed support programmes to help Vietnamese businesses export products to these two markets.
Sergio Rivadeneyra from the Mexican Embassy highlighted Vietnam’s export potential and the Mexican Government’s support programmes to boost bilateral relations between the two countries. Currently, Vietnam exports footwear, machinery and stationary equipment and imports fertiliser, plastics and rubber from Mexico.
From earlier this year, due to the impact of the global economic crisis, the export market has narrowed, leading to a sharp decrease in export turnover. In the first nine months of this year, Vietnam earned VND41.7 billion, down 14.3 percent compared to the same period last year. In the last three remaining months, all ministries and departments will strictly implement measures to boost exports, including improving the efficiency of trade promotions increasing access to market information and seeking out partners.
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