Experts highlight need to increase information on integration

Government officials and economic experts came together for a conference in Ho Chi Minh City on July 16 to share their opinions on a plan to increase the dissemination of information about international economic integration.
Government officials and economic experts came together for a conference in Ho Chi Minh City on July 16 to share their opinions on a plan to increase the dissemination of information about international economic integration.

The event also provided updates on a number of free trade agreements (FTAs) recently signed between Vietnam and foreign partners.

Deputy Minister of Industry and Trade Nguyen Cam Tu stressed that the plan would analyse the limitations and shortcomings in the field and propose priorities and directions for the future.

The plan is expected to help local enterprises and citizens gain an insight into integration, thus helping them develop appropriate business strategies, Tu said, adding that ministries, sectors, localities and businesses should cooperate together closely in the field.

Participants underlined the need to renew methods used to inform the public of the country’s ongoing international integration process. They urged the Ministry of Industry and Trade (MoIT) to intensify its efforts in this regard.

Vice Chairwoman of the Ho Chi Minh City People’s Committee Nguyen Thi Hong said FTAs with strong and comprehensive commitments on trade, services, investment and institutional reform would provide opportunities as well as challenges to Vietnam’s integration efforts.

The Government, ministries, sectors and localities should collaborate to map out specific measures to help enterprises and trade associations take advantage of FTAs and deal with challenges effectively, she stressed. Hong also stated that the municipal People’s Committee was working hard to provide assistance in and information on the integration process.-VNA



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