The Ministry of Industry and Trade (MoIT) has passed a package of 25.21 billion VND (about 1.2 million USD) for second phase of the national trade promotion programme in 2014, the Government news portal reported.

The credit will assist trade promotion activities to develop market, export products and trade information in both domestic and foreign markets, heighten competence for enterprises and bring made-in-Vietnam products to urban, mountainous and border areas.

Trade promotion activities will focus on organising expos to advertise promising sectors such as food processing, aquaculture and agricultural products to both traditional and potential markets such as the US, RoK, Japan, China and new ones in the Western Asia and Africa.

The programme will prioritise domestic trade promotion activities especially establishing a distribution channel in rural, mountainous, border and disadvantageous areas.

Specifically, the programme supports six regional fairs and 128 projects which bring Vietnamese products to remote areas.

Earlier, the previous national promotion programme in 2013 attracted over 6,000 enterprises with 572 signed contracts worth over 1.4 billion USD and over 1.8 million of visitors.-VNA