Forum highlights new opportunities for Vietnamese exports

ABO/NDO- The Ho Chi Minh City Investment and Trade Promotion Centre (ITPC) held a forum on December 8 to discuss new export opportunities for Vietnamese enterprises.

The event saw the attendance of nearly 200 delegates from diplomatic missions in Ho Chi Minh City, domestic and foreign enterprises and business associations, economic experts and Ho Chi Minh City’s departments and agencies.

According to speakers at the forum, the trade value of Vietnam and Ho Chi Minh City in particular is still expected to record strong growth despite facing numerous challenges, such as the COVID-19 pandemic, the Russia-Ukraine conflict, global inflation, falling demand and supply chain disruptions.

The forum on Vietnam's export opportunity.

They stated that difficulties in the global economy and trade will continue into early 2023 but this is a new opportunity for Vietnamese exporters, including those in Ho Chi Minh City, to rise and maintain export growth.

The experts highlighted the advantages of the free trade agreements that Vietnam has signed, including new-generation pacts such as the CPTPP, EVFTA and RCEP.

In addition, Vietnamese goods, especially farming products, garments, footwear and electronic products, have gradually asserted their quality and are making inroads into demanding markets.

Vietnam’s export structure is also witnessing a marked shift from raw materials to highly processed products with higher added value.

(Source: NDO)