Vietnam seizes opportunities to promote export to potential markets
Heads of Vietnamese representative agencies in some countries shared new trends for Vietnamese businesses to enhance economic cooperation with host countries during a seminar held by the Ministry of Foreign Affairs on December 10.
Hanoi (VNA) - Heads of Vietnamese representative agencies in some countries shared new trends for Vietnamese businesses to enhance economic cooperation with host countries during a conference held by the Ministry of Foreign Affairs on December 10.
Advantages of Vietnam's agricultural products as well as export opportunities for Vietnamese goods to big and potential markets were spotlighted at the event.
Vietnamese Ambassador to Austria Nguyen Trung Kien said that many Vietnamese businesses have taken advantage of opportunities and benefits brought by the EU-Vietnam Free Trade Agreement (EVFTA) on tariff and control conditions for bringing goods into Europe.
Meanwhile, Vietnamese Ambassador to the UK Nguyen Hoang Long said the UK is promoting trade cooperation with many other markets after leaving the EU, especially emerging markets, in order to help its products become more popular and competitive.
This is the UK's purpose, but also an opportunity for its partners like Vietnam. As the UK strengthens its cooperation with new markets like Vietnam, it will also open doors to products from the markets, he noted.
He stressed the need for Vietnamese businesses to ensure the quality of goods as they want to increase cooperation and expand exports to the UK, because this is one of the choosy markets.
According to the ambassador, agriculture is the most potential sector of Vietnam in the UK market, especially high-quality agriculture, towards the high-value-added market segment.
Vietnamese Ambassador to Algeria Nguyen Thanh Vinh said that the demand for consumer goods of Algerians is enormous, while the country’s domestic production capacity is limited.
The Algerian government is changing its economic development strategy in the direction of reducing dependence on oil exports and attracting foreign investment, he said, adding that this is an opportunity for Vietnamese producers inthe areas of agriculture and consumer goods.
He noted that Vietnamese enterprises, especially those that have just entered the market, want to cooperate with Algerian businesses as well as other African countries, need to choose reputable and goodwill partners, and can ask for support from the embassy and trade office in the country./.
Vietnamese Minister of Planning and Investment Nguyen Chi Dung and Australian Minister for Trade, Investment and Tourism Dan Tehan shared the hope that the Australia-Vietnam Enhanced Economic Engagement Strategy in 2021-2025 will be launched this year.
President Nguyen Xuan Phuc is going to attend the Asia-Pacific Economic Cooperation (APEC) meetings on November 11 - 12 via videoconference, expected to help promote Vietnam’s stature in multilateral activities, including those of APEC.
Vietnam expects APEC to continue affirming its role as a key forum for economic cooperation and linkages, promoting economic growth of the region and the world, and asserting the important role of multilateralism and multilateral cooperation, Deputy Minister of Foreign Affairs Dang Hoang Giang has said.
Vietnamese Ambassador to Brazil and Suriname Pham Thi Kim Hoa has vowed to do her utmost to develop good friendship and cooperation between Vietnam and Suriname at a meeting with President of Suriname Chandrikapersad Santokhi following the ambassador's presentation of credentials.
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Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
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The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Participants at the conference (Photo: VNA) 
