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Take advantage of the opportunity to promote the export of Vietnamese goods in the new context

In order to support commodity exporters to grasp forecast information, export orientation, identify difficulties and challenges and take advantage of opportunities to ensure stable and sustainable export growth in the current state of the economy. the new normal, the morning of December 8, in Ho Chi Minh City. Ho Chi Minh City, Trade and Investment Promotion Center of Ho Chi Minh City. Ho Chi Minh City (ITPC) organized the Export Forum 2022 with the theme "new opportunities for exports - taking advantage of opportunities for Vietnamese enterprises to rise".

Take advantage of the opportunity to promote the export of Vietnamese goods in the new context
Mr. Tran Phu Lu, Deputy Director in charge of Trade and Investment Promotion Center of Ho Chi Minh City. Ho Chi Minh

Speaking at the opening of the Forum, Mr. Tran Phu Lu - Deputy Director in charge of Trade and Investment Promotion Center of Ho Chi Minh City. Ho Chi Minh City - said: Vietnam's economic recovery is expected to continue into the final months of 2022, supported by strong economic fundamentals, flexible monetary policy and a faster recovery expected in the areas of manufacturing, services and domestic consumption.

According to the data of the Ministry of Industry and Trade , the import and export turnover of goods in the first 11 months of 2022, the total import and export turnover of goods reached 673.82 billion USD, up 11.8% over the same period last year, exceeding the result. 2021 ($668.5 billion). In which, exports reached 342.21 billion USD, up 13.4% over the same period last year.

Take advantage of the opportunity to promote the export of Vietnamese goods in the new context
Delegates attending the Export Forum in 2022

City only Ho Chi Minh City recorded a "bright spot" in the field of import and export of goods in the first 11 months of 2022, especially exports. Accordingly, the total export turnover of goods of enterprises in Ho Chi Minh City. Ho Chi Minh City's port exports, including crude oil, in 11 months of 2022 reached 44.16 billion USD, tawmg 10.78% over the same period in 2021. In which, China, USA, Japan, The European Union (EU)… is still the main export market of HCMC enterprises. Ho Chi Minh.

At the Forum, speakers, domestic and foreign economic experts, diplomatic agencies, domestic and international promotion organizations as well as the business community discussed, analyzed and shared identifying information. opportunities along with difficulties and challenges, reorienting export markets, taking advantage of new "opportunities" and bilateral and multilateral free trade agreements, thereby seeking opportunities. increasing export turnover, expanding commodity consumption markets, contributing to domestic economic development in the context of the world's current fluctuations.

Take advantage of the opportunity to promote the export of Vietnamese goods in the new context
Delegates visit the exhibition booth on the sidelines of the Forum

Accordingly, at the Forum Alex Tatsis - Head of Economic Department, Consulate General of the United States in Ho Chi Minh City. Ho Chi Minh presented the presentation "Opportunities to export goods to the US market in a new context" or "Take advantage of Free Trade Agreements (FTAs) for businesses to seize opportunities to increase exports" from Mr. Dang Thai Thien - Deputy Head of Management Supervision Department of Customs Department of Ho Chi Minh City. Ho Chi Minh…

Although it is forecasted that the difficulties of the world economy and global trade will last until the beginning of 2023, Vietnam's export growth will depend on the development of military conflicts, the situation of controlling inflation, epidemic prevention and control measures of major countries, economic developments in large-scale import markets, but this is an opportunity.

However, economic experts at the forum said that this is also a new opportunity for Vietnamese exporters to rise up and continue to maintain the growth of commodity exports on the basis of effectively taking advantage of the advantages of the country. Tariff reduction roadmap of free trade agreements (FTAs) that Vietnam has signed, especially new-generation free trade agreements such as CPTPP, EVFTA, RCEP... Therefore, exporters need to seize this opportunity to continue to expand export markets and increase their export turnover.

Minh Khue