Vietnam strengthen its efforts to promote foreign trade especially timber exports (2009/10/23)

Vietnam's Ministry of Trade and Industry has said that in Vietnam in the first 9 months of decline in exports, the government would take further measures to promote exports in the fourth quarter of this year.
According to Vietnamese Ministry of Trade and Industry statistics, by the international financial crisis, Vietnam in the first 9 months of exports 41.7 billion, down by 14.3%. Among them, Vietnam's exports of state-owned enterprises dropped by 19%, exports of foreign-invested enterprises dropped by 6.3%. Vietnam's export markets for most of the decline in exports, only exports to Africa and Europe respectively year on year increase of 12% and 9.4%.

Larger decline in exports for this year's situation, the Vietnamese Ministry of Trade Promotion Bureau of Trade and Industry officials said that in order to promote the export of the fourth quarter of this year, the Trade and Industry Department will continue to work with the Ministry of Finance jointly adjust the aquatic products, timber and other commodities import and export tariffs , so that export enterprises in customs formalities to obtain a more convenient conditions, while taking "export credit insurance," the pilot and so on.

In addition, the Vietnamese Ministry of Trade and Industry also asked relevant agencies to improve the effectiveness of trade promotion activities, such as embarking on large projects of national image promotion; with the relevant domestic industry associations, and corporate work closely to implement a variety of national key trade promotion projects; to strengthen export market information Introduction to expand the export of Vietnamese goods partners, including the traditional export products and new product development.
(by China Leiyuan, 2009/10/23)