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Trade promotion program gets fund

VGP – The Ministry of Industry and Trade (MoIT) has passed a package of VND 25.21 billion for second phase of the national trade promotion program in 2014.

April 13, 2014 3:31 PM GMT+7

illustration photo

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

Trade promotion activities will focus on organizing expos to advertise promising products 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 program will prioritize domestic trade promotion activities especially establishing a distribution channel in rural, mountainous, border and disadvantageous areas.

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

Earlier, the previous national promotion program in 2013 attracted over 6,000 enterprises with 572 signed contracts worth over US$ 1.4 billion and over 1.8 million of visitors./.

By Kim Loan