The Hanoitimes - The Ho Chi Minh City Investment and Trade Promotion Centre (ITPC) is positioning itself to expand trade with its neighbors, Laos, Cambodia and Myanmar. At a meeting in the city on January 22, ITPC Director Pho Nam Phuong said it efforts are strategically aimed at supporting local businesses to invest in these countries in hopes of boosting cooperation and accelerating import-export activities. The ITPC is also extending invitations to multinational groups and investors to reciprocate and invest in HCM City, Phuong said. Nguyen Thi Hong, Vice Chairwoman of the municipal People's Committee, spoke glowingly of the ITPC's effort in promoting Vietnamese trademarks abroad and said the ITPC is an important bridge to economic development. Hong also urged the ITPC to improve upon its image and transform itself into an internationally recognized driving force in promoting trade and investment. The ITPC should strive to raise research capacity and be creative in … [Read more...] about Promoting trade exchange with Asian neighbors
(VEN) - A seminar on measures to promote import and export activities through the border province of Lang Son was recently held by the Vietnam-China Trade Fair 2013 Organization Board in Lang Son Province. Attendants at the seminar included representatives from the Mountainous Trade Department (Ministry of Industry and Trade - MOIT) and from the local sectors, branches and enterprises. Participants from China were leaders of trade departments of Guangxi Province and Chongzuo City. In the international integration tendency, over the past years, Lang Son Province has concentrated on promoting socio-economic development and cooperation with other localities nationwide, especially the economic cooperation with Zhuang Autonomous Region, Quangxi Province, China. In the 2005-2010 period, the province's total trade revenue increased on average of 27 percent per year, in 2012 the trade revenue reached US$2.190 billion, an increase of 35 percent compared with 2010 and the figure in 2013 is … [Read more...] about Promoting trade activities through Lang Son
How does trade promotion work change when Vietnam joins the World Trade Organization (WTO)? This question raised by many enterprises. In fact, in order to increase export revenue of the economy, trade promotion is very necessary but how to promote trade effectively and in accordance with WTO commitments? Woodwork of enterprises in Binh Dinh province has appeared in markets in Asia, Europe and America. Binh Dinh province now ranks first in central region and third position of the country about wood process and export, with more than 40 large-scale enterprises in wooden furniture exports which achieved 100 million USD per year in export revenue. The woodwork of enterprises in Binh Dinh reaches the standard, suit with predilection of consumers. However, it is not enough to help the woodwork of Binh Dinh sell well if the province don't pay more attention to trade promotion. Over the past years, Binh Dinh has promulgated policies to support enterprises to introduce their products in abroad … [Read more...] about How to promote trade effectively?
The Chinese government hopes the meeting, slated for early September in Vladivostok, will bring results in areas concerning trade and investment liberalization and facilitation, food security, supply chain management and innovation, Ma said. President Hu Jintao will attend the 20th APEC informal leaders' meeting from Sept. 6 to 9 at the invitation of Russian President Vladimir Putin. APEC members will release a statement after the meeting advocating integration, innovation and common prosperity, Ma said. APEC members should work together to make use of APEC's role as an "incubator" and advance regional economic integration, he said. Assistant Minister of Commerce Yu Jianhua said APEC members need to bear in mind the nature of the APEC, adhere to the principle of consensus, take members' differences into consideration and uphold non-discrimination, openness and tolerance while advancing regional integration. Yu also called on APEC members to fulfill the Bogor Goals of achieving … [Read more...] about China expects upcoming APEC meeting to promote trade, investment liberalization
HCM CITY — Forty enterprises from South Korea's Chungcheongnam Province are displaying their products services at the "Chungnam, Korea Product Show" which opened in HCM City's Sheraton Hotel yesterday. Products on display include construction materials, cosmetics, medical machinery, metals, processed seafood, ginseng products and processed foods. Speaking at the exhibition's opening ceremony, Oh Jae Hack, South Korean Consul General in HCM City, said since establishing diplomatic ties in 1992, the two countries had strongly developed co-operation in many fields, including trade and education. Bilateral trade had increased strongly in the past years, from US$500 million in 1992 to $12 billion last year, he said. South Korea was one of the four largest foreign investors in Viet Nam, with a total registered capital of $23.4 billion as of July, he said. The Governor of Chungcheongnam (also known as Chungnam), Ahn Hee Jung, said the province signed a friendship and co-operation … [Read more...] about Expo to promote trade with South Korea