16:21 | 14/03/2016 Trade
(VEN) - Addressing the Commercial Counselor Conference 2016, the government and the Ministry of Industry and Trade expressed their high appreciation for the efforts made by trade counselors in recent years, while heightening their role in the integration process in the coming time.
Trade counselors receive emulation flags
Major contributions to exports
Deputy Minister of Industry and Trade Tran Tuan Anh said that Vietnamese trade offices and trade counselors abroad have made significant contributions to promote trade and export-import activities in recent times.
Although the world economic situation remained difficult and faced slow recovery in 2015, Vietnam’s gross domestic product (GDP) growth reached 6.68 percent, the highest figure in the last five years thanks to a strong increase in export-import activities. Vietnam’s total trade turnover in 2015 reached US$327.76 billion, including US$162.11 billion in imports and US$165.65 billion in exports, a year-on-year increase of 7.9 percent and 12 percent. The country registered 23 commodity groups recording export turnover of over US$1 billion in 2015.
Vietnam’s export markets were expanded and witnessed growth in trade turnover in 2015. Exports to Asia, Europe, America and Africa stood at US$79.8 billion, US$32.8 billion, US$40.9 billion and US$2.4 billion, an increase of 7.2 percent, 8.7 percent, 18.1 percent and 3.4 percent, respectively.
Deputy Minister of Industry and Trade Tran Tuan Anh said that in a context where the world economic situation faced a slow recovery, these encouraging results were accepted.
According to the Ministry of Industry and Trade, Vietnamese exports have recorded positive changes in recent years in accordance with the export-import development strategy during the 2011-2020 period with a vision to 2030. Exports by the manufacturing and processing sector, agro-forestry products and seafood, and fuels and minerals accounted for 79 percent, 12.7 percent and three percent of the structure, respectively. Many agricultural products such as rambutan and longan have entered the US and mangoes to the Republic of Korea and New Zealand. It means that Vietnamese goods have affirmed their position in the world market.
Prime Minister Nguyen Tan Dung said that Vietnam is gradually integrating into the world economy thanks to the signing of a series of free trade agreements. In the coming time, trade counselors will not only enhance trade and investment promotion activities but also gain experience to contribute to improving institution and perfecting administrative procedures towards modernity.
Vietnam Chamber of Commerce and Industry Chairman Vu Tien Loc said that modern economies and new-generation free trade agreements see changes associated in terms of economic institutions and social and environmental issues. Therefore, the tasks and operations of Vietnamese trade offices abroad need to change. They must contribute to promoting institutional reforms, improving competitiveness and strengthening integration into the world economy.
Vu Tien Loc also said, “Trade counselors must be key supporters of the government and the state in building and developing institutions, helping Vietnam improve its business environment, promote trade growth and enhance investment attraction.”
Garment 10 Joint Stock Corporation Deputy General Director Than Duc Viet said that trade counselors would help Vietnamese goods participate in the global supply chain. For example, US retail giant Walmart provides many kinds of consumer goods for the market. If trade counselors establish a good relationship, Vietnamese goods will have more opportunities to enter the market.
According to trade counselors, in the context of international economic integration, human resources and budget for operations remained limited. With the current human resources, Vietnamese trade offices abroad are able to maintain their presence. To achieve higher efficiency, the prime minister proposed that ministries and departments should add more favorable mechanisms for Vietnamese trade offices abroad.
Vietnamese Trade Office in Austria Trade Counselor Le Minh Duc said that domestic businesses should promote information exchanges and actively cooperate with trade offices in order to bring more efficient results in export-import activities.
Prime Minister Nguyen Tan Dung said that trade counselors must be professional diplomats in economic and political fields.
Kim Phuong & Hoa Nguyen