high-level speakers from the government, non-governmental organizations and
the private sector, Vietnam’s trade counsellors conference took place
recently before a packed audience in Hanoi.
commenced with a keynote address from Tran Tuan Anh, deputy minister of the
Ministry of Industry and Trade (MoIT) outlining his thoughts and insight into
Making Vietnam an export success story.
companies tend to be conservative when approaching new markets, such as
Vietnam’s,” said Deputy Minister Anh, but our trade counsellors have done an
excellent job convincing them that opportunity is here.
trade counsellor’s efforts, more and more foreign companies now understand
that we are developing the nation’s manufacturing capacity and investing in a
the same time we are reasonably priced and an economical alternative,” said
Mr Anh also
touted Vietnam’s suitability as a base for foreign businesses to use as a hub
to access other ASEAN nations, providing a very attractive opportunity for
them to expand their footprint throughout the region.
represents not only one of the biggest, but one of the fastest-growing
economies in the world,” he said, “and Vietnam’s economy is strong, and our
infrastructure, human resources and technology are all very competitive.”
Minister Nguyen Tan Dung in turn said Vietnam is slowly integrating into the
world economy thanks to a large number of free trade agreements negotiated by
the trade counsellors.
we are seeing a huge interest of foreign businesses in investing in the
manufacturing sector, especially in the clothing and textiles industries,
said Prime Minister Dung.
Vu Tien Loc
chairman of the Vietnam Chamber of Commerce and Industry also applauded the
trade counsellors for their successful efforts in advancing economic
cooperation, commercial trade and investment.
With so many
high-level delegates in attendance, networking formed a key feature
throughout the conference.
networking lunch, an evening reception and specific networking platforms,
there was ample opportunity for anyone serious about doing business in the
region to create new business contacts and build relationships with the
market’s main players.
companies operating within Vietnam’s borders experienced solid growth in
2015, said speakers at the conference. Exports to Asia, the EU, the US and
Africa registered growth of 7.2%, 8.7%, 18.1% and 3.4%, respectively.
Vietnam’s gross domestic product (GDP) growth climbed 6.68%, the highest
figure for the last five years, substantially all driven by exports of
foreign invested companies.