Firms seek support from VN diplomats abroad

Aug 7th at 09:37
07-08-2018 09:37:35+07:00

Firms seek support from VN diplomats abroad

Businesses and business groups have called on Vietnamese ambassadors and trade counsellors abroad to help them promote exports.

 

According to Tran Viet Anh, deputy chairman of the HCM City Union of Business Associations, the city has 320,000 companies, which account for a large share of the country’s exports.

The city’s business community needs regular support in promoting trade.

Besides, in the era of Industry 4.0, businesses have faced trade disputes.

Many businesses buy goods from foreign suppliers outside Cambodia but are asked to transfer money to accounts in Cambodia, and need the Vietnamese embassy to verify the companies’ antecedents.

Besides exports, firms also invest abroad, and need support in carrying out the formalities, verifying information and other.

Anh was speaking at a meeting yesterday between businesses and 19 ambassadors and consuls general who will soon be stationed in Japan, India, Germany, Rumania, Denmark, Russia, China, Laos, and Bulgaria among other countries.

The meeting was meant to help the diplomats understand businesses’ requirements and how they can help promote Vietnamese investment and trade abroad.

Nguyen Van Tuan from the Viet Nam Cotton and Spinning Association said the country’s garment and textile products were exported mainly to the US, EU, Japan, and South Korea, with sales to other markets being modest.

So the industry needed greater support from Vietnamese trade offices in other markets, he said.

Many businesses were buying cotton from foreign companies, but when cotton prices rose sharply, many suppliers did not make delivery or delivered goods of inferior quality, causing difficulties, he said.

A 400ha textile and garment zone was being built, and trade counsellors and ambassadors should apprise foreign investors so that they could invest in it, he said.

Nguyen Van Khanh, general secretary of the Leather and Footwear Association of HCM City, wanted diplomatic agencies to help find outlets for crocodile leather-based products to boost crocodile breeding in the city.

Pham Sanh Chau, Vietnamese ambassador designate to India, said trade counsellors and ambassadors understand businesses’ requirements and promised support, but said diplomatic missions could not meet all their requirements.

Many businesses emailed embassies asking for information they themselves could easily find on the internet, delegates explained.

According to Pham Truong Giang, Viet Nam’s consul general in Germany, embassies have very few people but a lot of tasks, and so businesses should ask for specific information and not general information.

But ambassadors and trade counsellors would always assist businesses, he promised.

bizhub



NEWS SAME CATEGORY

MoIT to investigate firms like Mumuso

The Ministry of Industry and Trade (MoIT) has announced its decision to inspect retailers with a business model similar to that of Mumuso Viet Nam Company Limited.

Power group EVN to withdraw capital from five companies

The country’s largest power group Viet Nam Electricity (EVN) has announced it will divest from five companies in August.

FPT and Vietinbank fall lower among most valuable brands

There are new names among the ten most valuable brands in Vietnam in 2018, while FPT and Vietinbank fell down a couple of steps.

Conference throws up solutions for developing Khanh Hoa tourism

Diversifing international markets and creating more products are the two main ways to promote tourism in the central province of Khanh Hoa Province and its Nha...

HCMC pledges business support

HCM City leaders promised all assistance to businesses to ensure their sustainable growth and competitiveness at a meeting between them on August 4.

VN up one place in UN e-government index

Viet Nam has moved up one place to rank 88th among 193 countries in the United Nations E-Government Survey 2018.

Experts talk trade in HCM City

The HCM City Department of Industry and Trade met with more than 50 experts, researchers and business leaders at a meeting on Friday to discuss solutions to develop...

Viet Nam, Thailand discuss ways to achieve US$20 billion in trade

The third meeting of the Viet Nam-Thailand Joint Trade Committee opened on August 2 in Ha Noi with the aim of enhancing bilateral economic and trade co-operation.

Japan, VN firms discuss co-operation

Japanese and Vietnamese companies had a chance to connect and discuss co-operation opportunities in food, agriculture and fishery sectors at a meeting on Thursday...

Tra Vinh supports SMEs with loans

Authorities in the Cuu Long (Mekong) Delta province of Tra Vinh have pledged to provide enterprises, mostly small- and medium-sized, better access to preferential...


MOST READ


Back To Top