Accordingly, the Government requests ministries, agencies and localities to vigorously carry out measures to further expand and diversify export markets, product products and supply chains; enhance supply-demand connectivity and information support for businesses; introduce policies to stimulate consumption and attract investment in priority sectors with potential; spur the development of the domestic market through promotional campaigns and consumer stimulus measures; and encourage the use of locally made goods, local specialties and products under the 'One Commune One Product' (OCOP) program.

The Ministry of Industry and Trade is tasked with taking the lead and coordinating with relevant agencies and localities to proactively finalize and implement negotiation scenarios with the United States; accelerate procedures to join the expanded Information Technology Agreement (ITA2); and open up the market to US technology products.

Relevant agencies are urged to leverage the network of Vietnamese trade offices and promotion centers overseas, and to make the most of large-scale international fairs and exhibitions to help businesses bolster exports to major and high-potential markets, particularly in the Middle East, North Africa, Latin America, India, Egypt and Pakistan. A plan to negotiate and sign free trade agreements (FTAs) with potential partners in 2025 is to be submitted to the Prime Minister within May.

Furthermore, functional units must strengthen trade defence measures; work closely with the Ministry of Public Security, the Ministry of Finance, and other relevant bodies and localities to step up inspections of food, pharmaceuticals, dietary supplements and related businesses. Any acts of producing or trading counterfeit or substandard goods must be promptly detected and strictly handled in accordance with the law.

The Government also requests the Ministry of Foreign Affairs, the Ministry of National Defence, the Ministry of Agriculture and Environment, the Ministry of Health, and other relevant agencies to promptly and proactively engage with US counterparts in negotiating a reciprocal trade agreement that is balanced, appropriate, and mutually beneficial.

Vietnam joins 20 FTAs and seeks new trade deals

VOV.VN - Vietnam has joined 20 free trade agreements (FTAs), including 16 FTAs that have already been implemented, heard a conference held on January 6 in Hanoi to review activities and devise orientations for the year ahead by the Ministry of Foreign Affairs.

How to improve effectiveness of implementing international treaties and FTAs under discussion

VOV.VN - A thematic conference on international treaties and free trade agreements (FTAs) for the Central Highlands provinces was held by the National Assembly (NA)'s Committee for Foreign Affairs on September 30 in Da Nang.