The US’s imposition of duties of up to 456 per cent on certain steel products shipped from Việt Nam would not significantly harm the country’s steel industry, according to industry insiders.
Businesses and business groups have called on Vietnamese ambassadors and trade counsellors abroad to help them promote exports.
Localities and businesses appreciate the efforts made by Vietnamese trade counsellors in helping the country’s businesses boost their exports, and want them to continue providing information in a timely manner.
Trade promotion in Việt Nam is facing many difficulties as many importers, such as the US, China, Japan and the European Union, were now protecting their own farm production.
Prime Minister Nguyễn Xuân Phúc has urged trade counsellors to assist domestic businesses by providing information about foreign markets, promoting trade and investment activities, and increasing sales of Vietnamese products abroad.
Deputy Prime Minister Vũ Đức Đam called on all players in society to connect, share and co-ordinate with each other to create momentum for Industry 4.0, the so-called fourth industrial revolution, based on new digital technologies.
An export forum on “Market Identification and Risk Management in Export of Vietnamese Enterprises” will be held in HCM City on August 8 to disseminate the latest information, especially about effective ways and solutions to enhance the competitiveness of domestic firms in key export markets.