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Government Calls on Local Firms to Improve Foreign Market Strategies

22 February 2016

VIETNAM — The Government has approved a plan to help Vietnamese businesses directly participate in foreign distribution networks through 2020 to help Vietnamese goods penetrate international markets, a senior Government official said.

The project aims to promote exports by ensuring that Vietnamese products are directly sold into major distribution systems of countries in Europe, North America, Southeast Asia and Northeast Asia that signed free trade agreements with Viet Nam, reports VNS.

In a recent interview with the Viet Nam News Agency, Deputy Minister of Industry and Trade Ho Thi Kim Thoa said Viet Nam recently signed many free trade agreements, adding the integration process required enterprises to enhance their competitiveness.

Thoa said local businesses have made great efforts to expand their markets, adding that many Vietnamese products with high quality and reasonable prices were favoured by consumers.

 

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