[NEWS] - The Ministry of Industry and Trade promotes export promotion to the US market

On May 18, the Ministry of Industry and Trade coordinated with the State of Oregon and the Vietnamese Consulate General in San Francisco to organize the Vietnam - US Business Forum 2023.

Attending the forum were about 200 delegates who were Vietnamese businesses in the fields of renewable energy, information technology, mechanics, logistics, agriculture, fisheries, and software, and a large number of Chinese companies. The period in which corporations such as Nike, Columbia Sportswear, Intel,...

This year’s Vietnam - US Business Forum focuses on discussing the challenges that Vietnam’s economy is facing in the context of complicated trade and geopolitical conflicts; US policy orientation and potential areas to promote bilateral economic and trade relations; develop solutions to adapt to the shifting trend of the global supply chain to enhance trade exchange, attract investment capital,...

Representative of the Ministry of Industry and Trade, Deputy Director General of the European-American Market Department, Mr. Nguyen Hong Duong as an expert directly participates in the policy-making process to promote economic and trade relations. Trade between our country and the United States over the past 25 years affirms that the potential for cooperation between the parties in traditional fields and new content such as energy processing and manufacturing, renewables, and education is huge. The Governments of the two sides will also work together and together with partners to continue discussing cooperation frameworks including the Indo-Pacific Economic Framework to enhance economic cohesion. economy and create benefits for businesses and people on both sides.

Hoang Anh Tuan - Consul General of Vietnam in San Francisco affirmed the importance of international trade and investment to our country’s economic growth and development. The United States is identified as one of Vietnam’s leading partners in key fields of cooperation. Oregon is known for its leadership in innovation, technology, and sustainability. It is a hub for entrepreneurship and education and is home to a diverse economy. The Consul General believes that Vietnam and Oregon will have many similarities in terms of strengths and challenges and that the partnership between the two sides can create new opportunities for businesses in the two regions.

On the side of the Oregon Government, Economic Development Advisor to Oregon Governor Tina Kotek - Mr. Vince Porter affirmed that Vietnam is one of Oregon’s top trading partners. Vietnam is still an important production base for the world’s leading companies based in Oregon such as Nike, Intel, and Columbia Sportswear. Vietnam and Oregon have great potential for cooperation in the development of food and beverage agriculture, once again affirming that they will send Oregon business delegations to attend the Vietnam Food Expo 2023 in November 2023. in HCMC

At the Forum, businesses between the two sides make the most of opportunities to meet, seek trading opportunities, face-to-face contact, and grasp new business trends and solutions, thereby contributing to the active pillar of economic and trade cooperation between Vietnam and the United States, which has reaped great results, helping to bring all comprehensive cooperative partnerships into depth, meeting the interests of the Government. government, people, and business community between the two countries.

At the seminar, guest speakers discussed the investment environment of both countries, highlighted areas with high growth potential, and shared success stories of companies investing in the region. This; share approach, develops the market as well as builds capacity, and adapts to the requirements and technical regulations of the US market; besides offering solutions to develop import and export and attract supply chains and FDI of the United States; Since then, providing recommendations on solutions as well as orientations so that businesses can step by step position and build their business strategies more thoroughly and effectively in the context of opportunities and challenges intertwined. ; contribute to creating a driving force for the business community between the two countries to develop an access strategy, expand import and export markets, and promote trade and investment exchanges between the two countries in a balanced direction. lasting

At the seminar, businesses between the two countries had the opportunity to exchange with guest speakers to learn about opportunities, lessons as well as potential areas for development for large corporations in the future.

The forum is highly appreciated by many businesses for connecting and creating an effective channel for policy advice, market information, experience exchange, support for businesses to overcome challenges, and at the same time for the community to between businesses of the two countries to propose to state management agencies solutions to enhance import-export activities, promote trade and investment cooperation between Vietnam and the United States in the future. Indochina Holding is a trade promotion unit and a bridge connecting domestic and foreign businesses with export needs. Legal advice – standards of imported goods. Consulting on FDA, CFS, and CE services. Consulting on the issuance of LC guarantee, LC at the site ... for Enterprises. Especially the program GSM-102 for the import and export of agricultural products of the US Department of Agriculture.

Hoang Yen (Collection source)