15/07/2017 06:30 GMT+7 Email Print Like 0

Trade minister asks for diplomats’ help in expanding export markets

Hanoi, July 14 (VNA) – Minister of Industry and Trade Tran Tuan Anh has asked heads of Vietnam’s overseas representative agencies to pay greater attention to seeking markets for Vietnamese products. 

At a meeting in Hanoi on July 14 with the heads of Vietnam’s overseas representative agencies for the 2017-2020 tenure, Minister Anh said along with expanding markets for Vietnamese goods, Vietnam’s diplomatic agencies abroad should also provide more information to the Ministry of Industry and Trade to help it build practical policies for the formation of sustainable production and export chains. 

Currently, Vietnam has 21 export staples with value of 1 billion USD upwards, but the country has yet to build a value chain, thus export growth has yet to be sustainable, he said, expressing hope that the diplomats pay special attention to the two major markets of the US and EU. 

At the same time, they should seek opportunities to export more goods to China to narrow the trade gap, he said. 

The minister also pointed to challenges the industry and trade sector is facing, and called for support and cooperation from diplomatic agencies. 

Vietnamese Ambassador Designate to Cambodia Vu Quang Minh affirmed that the heads of diplomatic agencies abroad will cooperate with the Ministry of Industry and Trade, while working hard to contribute to the fulfillment of this year’s growth target of 6.7 percent.