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Conference on trade promotion with Vietnam Trade Office system abroad in October

Speaking at the opening of the Trade Promotion Conference with the Vietnamese Trade Office system abroad in October, Mr. Vu Ba Phu - Director of the Trade Promotion Department, Ministry of Industry and Trade said: In the past 10 months, in Disease conditions are well controlled, our country's economic and trade situation has continued to recover with many bright spots.

Notably, macroeconomic stability was maintained, inflation was controlled, import and export turnover reached more than 616 billion USD, up 14.1%, trade surplus was 9.4 billion USD. .27 billion USD.

Conference on trade promotion with Vietnam Trade Office system abroad in October
Conference on trade promotion with the Vietnamese Trade Office system abroad in October 2022

Food security is ensured, food exports reach 45 billion USD, including over 6 million tons of rice. Trade and services are vibrant, recovering quickly in all industries. Many international organizations continue to positively assess Vietnam's socio-economic situation and optimistically forecast the GDP growth rate in 2022 at 7.5-8.2%.

The results achieved until this October, in addition to the drastic, strong, focused and focused direction and administration of the Government , the Prime Minister, the active participation of agencies and organizations Organizations, localities, associations and enterprises also have the high efforts of the system of overseas Vietnamese Trade Office agencies.

Although the economy continues to recover strongly, according to the World Bank in Vietnam, uncertainties increase related to the slowing global economy, increasing domestic inflation, and favorable conditions for economic development. global financial dynamics tightened.

In the condition that the economy has not fully recovered and growth in key export markets is expected to slow down, we need to proactively respond to market fluctuations through regular monitor and update market information, adjust import and export plans to take advantage of new market opportunities and avoid risks, especially impacts from the adjustment of fiscal and monetary policies. currencies of countries.

Conference on trade promotion with Vietnam Trade Office system abroad in October
The conference was attended by nearly 300 delegates

Many experts also said that in the coming time, in order to maintain the growth of the economy, especially import and export, and overcome fluctuations in the world market, trade promotion activities need to be strengthened, especially with new markets, niche markets with new products, suitable to Vietnam's production capacity.

Leaders of the Trade Promotion Agency also informed that the September 2022 briefing had received 14 recommendations/requirements from the Vietnamese Trade Offices abroad, including: Austria, UK, India, Bulgaria, Houston. (USA), Pakistan, France, Chongqing (China) to agencies under the Ministry of Industry and Trade, industry associations and businesses. By October 30, 2022, the Trade Promotion Agency had responded to 5 proposals.

Conference on trade promotion with Vietnam Trade Office system abroad in October
Mr. Vu Ba Phu - Director of Trade Promotion Department: At the October 2022 conference, the Organizing Committee also received nearly 30 groups of proposals from foreign trade agencies.

The September 2022 briefing also received 27 proposals from localities to units of the Ministry, a number of Vietnamese Trade Offices abroad and were answered at the conference, the rest are being discussed by the Ministry of Industry and Trade. concerned agencies shall coordinate in consideration and implementation.

“With the October 2022 conference, the Organizing Committee also received nearly 30 groups of proposals from foreign Trade Office agencies through 45 reports of the Trade Office for the Conference and a number of proposals from other localities. side, association. We have compiled these recommendations in the program's online document for your convenience to follow and capture information," said Mr. Vu Ba Phu.

Viet Nga - Hoang Lan