Advantages of Vietnam's agricultural products as well as export opportunities for Vietnamese goods to big and potential markets were spotlighted at the event.

Participants at the conference.

Vietnamese Ambassador to Austria Nguyen Trung Kien said that many Vietnamese businesses have taken advantage of opportunities and benefits brought by the EU-Vietnam Free Trade Agreement (EVFTA) on tariff and control conditions for bringing goods into Europe.

Meanwhile, Vietnamese Ambassador to the UK Nguyen Hoang Long said the UK is promoting trade cooperation with many other markets after leaving the EU, especially emerging markets, in order to help its products become more popular and competitive.

This is the UK's purpose, but also an opportunity for its partners like Vietnam. As the UK strengthens its cooperation with new markets like Vietnam, it will also open doors to products from the markets, he noted.

He stressed the need for Vietnamese businesses to ensure the quality of goods as they want to increase cooperation and expand exports to the UK, because this is one of the choosy markets.

According to the ambassador, agriculture is the most potential sector of Vietnam in the UK market, especially high-quality agriculture, towards the high-value-added market segment.

Vietnamese Ambassador to Algeria Nguyen Thanh Vinh said that the demand for consumer goods of Algerians is enormous, while the country’s domestic production capacity is limited.

The Algerian government is changing its economic development strategy in the direction of reducing dependence on oil exports and attracting foreign investment, he said, adding that this is an opportunity for Vietnamese producers inthe areas of agriculture and consumer goods.

He noted that Vietnamese enterprises, especially those that have just entered the market, want to cooperate with Algerian businesses as well as other African countries, need to choose reputable and goodwill partners, and can ask for support from the embassy and trade office in the country.

Businesses advised to avoid basic mistakes when exporting farm produce to EU

Vietnamese enterprises should avoid basic mistakes when exporting food and agricultural products to the European Union (EU), heard a consultancy session for exports to Belgium and the EU which was held by the Vietnam Trade Promotion Agency under the Ministry of Industry and Trade on November 22.

Import-export revenue forecast to hit new record in 2021: MoIT

The Ministry of Industry and Trade (MoIT) has forecast that total import-export revenue this year may reach a new record, at between 640 - 645 billion USD, with a slight trade deficit.

Garment exports likely to reach $38 bln

Vietnam may gain $6 billion from garment and textile exports in November and December, totaling $38 billion in this year's turnover, stated Vietnam Textile and Apparel Association (VITAS).

Vietnam launches programme to provide advice for exporters

The Ministry of Industry and Trade (MOIT) has launched a programme to provide advice and information on export markets for localities, trade associations and enterprises.

Bac Giang: Export turnover in 2021 up 32.2 percent against last year

(BGO) – The export turnover in Bac Giang province is expected to hit 14.8 billion USD, representing 32.2 percent year on year increase and accounting for 100 percent of the plan, reported the provincial Department of Industry and Trade.

Source: NDO/VNA