Enterprises should look for niche markets to better cope with declines in exports in major markets.
The Vietnamese Government and the Ministry of Industry and Trade (MoIT) always treasure trade cooperation with Japan, Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan told Governor of Japan’s Wakayama prefecture Kishimoto Shuhei during a working session in Hanoi on July 27.
A delegation of Dutch entrepreneurs is expected to come to Vietnam to seek partners and attend Vietnam International Sourcing 2023 which is slated to take place in Ho Chi Minh City from September 13 to 15, according to the Vietnamese Trade Office in the Netherlands.
Although the export of goods has faced many difficulties, there have been encouraging signals in the past two months as enterprises and state management agencies have been actively implementing solutions to regain export momentum.
Vietnam’s export turnover is estimated to reach US$29.3 billion in June, a month-on-month rise of 4.5%, which shows that the market is gradually recovering thanks to trade promotion activities, according to the General Statistics Office.
VOV.VN - Many Japanese economic experts have recommended making the 50th anniversary of Vietnam-Japan diplomatic ties a milestone to bring the two countries' relations into a new era by promoting private investment in the nation by Japanese enterprises towards common prosperity between both nations.
VOV.VN - The Department of International Trade Promotion (DITP) under the Ministry of Commerce of Thailand has recommended Thai businessmen to study the possibility of exploiting Vietnam's steadily growing retail market.
A Vietnamese delegation led by Deputy Minister of Agriculture and Rural Development Tran Thanh Nam has visited and held meetings with the administrations and customs departments of China’s Guangxi and Yunnan provinces in an effort to facilitate farm produce exports via northern border gates of Vietnam.
The Ministry of Industry and Trade held a meeting with Vietnam Trade Offices abroad on May 31 to discuss ways to boost the exports of lychees and longans as many northern localities are harvesting the fruits.
A Vietnam-Republic of Korea (RoK) forum for locality-to-locality cooperation and trade promotion took place in Seoul on May 29, attracting more than 100 participants from large Korean investment funds, conglomerates, and small- and medium-sized enterprises.