Delegates at a conference in Hanoi on April 24 on promoting Vietnam's exports in 2018 (Source: VNA)Hanoi (VNA) – The Vietnam TradePromotion Agency (Vietrade) will enhance supervision over the implementation oftrade promotion programmes to improve their efficiency and provide training toassociations and local agencies in organising trade promotion activities.
Trade promotion programmes helped generate more than 200 billion USD fromexporting goods and commodities in 2017, according to Vietrade.
At a conference in Hanoi on April 24 onpromoting Vietnam’s exports in 2018, Vu Ba Phu, Director of Vietrade said in 2017, for the firsttime, Vietnam’s exports surpassed 200 billion USD.
Thecountry earned more than 214 billion USD from exporting goods and commodities,up 21.2 percent compared to 2016.
“Increased export hadsignificantly contributed to growth of Gross Domestic Product,improving trade balance, stabilizing the macro-economy, fostering productionwhile creating jobs and incomes for millions laborers,” Phu said.
“Developing the domestic market was alsoimportant, with trade promotion programmes organised in border, mountainous andremote areas in line with the campaign of Vietnamese prioritizing Vietnamesegoods.”
The national trade promotion programme helped export companies to enter newmarkets of significant potential and expand exports to major markets.
Vietrade’s 2017 statistics showed that exportsto ASEAN markets rose by 24.2 percent, reaching 21.68 billion USD. It saw asurge of 61.5 percent to 35.46 billion USD in China, and a rise of 14.8 percentto 16.8 billion USD in Japan.
At the forum, the delegates were oriented to focus on two keyexport groups, including agro-forestry-fishery with the focus on cocoa andcassava, and industrial products with the focus on garment and textile andsteel products.
Besidesexpanding new markets, exporters were advised to work to improve the quality ofVietnamese goods.
Vietnamearned 55.56 billion USD from exports in the first quarter of this year, a riseof 24.8 percent year on year.-VNA
