The southern province of Dong Nai has pledged to help local businesses overcome economic challenges, particularly regarding the volatile market and bad debts.

According to Le Van Danh, Director of the Dong Nai provincial Department of Industry and Trade (DoIT), from now until the end of 2013 his department will assist businesses in expanding their distribution networks in rural areas and shop chains as well as support the development of new and popular products.

The department will also target export market development through trade promotion programmes.

These goals are set to be achieved through technical transfer, vocational training schemes and managerial capacity building. Greater links will also be sought between commercial banks and businesses.

The provincial Department of Science and Technology will partner DoIT to help businesses build their own brand names, improve their quality management systems and raise their technological capacity.

At the same time, unnecessary administrative procedures have been cut to facilitate businesses’ operation.
According to DoIT, over 60 businesses in Dong Nai have dissolved over the past three quarters, up 3.3 percent against the same period last year, while a total of 51 businesses and branches suspended their operation.-VNA