Vietnam firms urged to seize opportunities in American markets
The American Market Department under the Ministry
of Industry and Trade (MoIT) and the Association of Ho Chi Minh City
Businesses organised the event to introduce local firms to the two
markets.
Nguyen Duy Khien, Head of the American Market
Department, suggested that local firms can look for opportunities in
Chile in the fields of tourism, aquatic and farm products, footwear,
garment, electronic industry and handicraft products.
According to the MoIT, the trade and economic ties between Vietnam
and the US and Chile have seen strong and steady growth in most
fields.
In the first ten months of this year, Vietnam
earned 19.5 billion USD from exports to the US and 176.9 million USD
from Chile , year-on-year increases of 18.9 percent and 39 percent,
respectively.
The country’s total export turnover to markets
in America is expected to reach 27.8 billion USD this year, up 18
percent.
The MoIT hopes to help Vietnamese enterprises export
to all 35 American markets, contributing to restructuring the country’s
export markets.-VNA