Print article

Trade promotion prioritizes key exports

VGP - The Ministry of Industry and Trade (MoIT) will increase trade promotion overseas with a view to boosting Vietnamese key export items in 2014.

January 19, 2014 4:03 PM GMT+7

Trade promotion would help realize the 10% of export growth target set by the National Assembly. 

Last year, the National Trade Promotion Program benefited key export businesses, helping the country maintain high export value, expand potential markets, and reduce trade deficit.

Specifically, the program covered 6,834 enterprises with 281,385 transactions and over 1.8 million visitors. 

Major contributors included garment makers earning US$ 20 billion from exports, footwear makers US$ 8.37 billion, seafood processors US$ 6.73 billion, timber producers US$ 5.5 billion, rice businesses US$ 3 billion, coffee processors US$ 2.7 billion, and rubber producers US$ 2.5 billion.

Under the program, 23 trade promotion plans worth VND 28 billion for the agro-forestry and fishery sector, accounting for 28.6% of the total were implemented./.

By Khanh Phuong