Participating in the "Conference on trade promotion with foreign markets in August 2022" including more than 300 delegates who are agencies and businesses, including more than 50 Vietnamese Trade Offices abroad.

The series of monthly conferences will create a direct, unified and fastest information exchange channel between overseas Vietnamese Trade Office agencies and functional units of the Ministry of Industry and Trade, localities, associations, enterprises. import and export industry across the country. The goal of the conference series is to help the overseas Vietnamese Trade Office system to promptly update the requirements of local export and import promotion, industry associations, businesses and vice versa; at the same time, creating a forum to disseminate information, new policies, and market opportunities from the system of Vietnam Trade Office agencies around the world.

The conference series took place in a face-to-face and online manner, in order to create favorable conditions for a large number of delegates from relevant agencies and businesses from 63 provinces and cities across the country to participate.

The agenda for the August 2022 Conference consists of 2 main sessions. Session 1 is for representatives of Vietnamese Trade Offices in Spain, India, Pakistan and Chile to provide information on the latest developments in the local market as well as recent changes in policies and regulations. . Session 2 is for representatives of localities and associations to discuss difficulties and advantages, propose support needs and initiatives related to the implementation of trade promotion, import and export activities with other countries. foreign markets of local, association and enterprise.

In the first 8 months of 2022, the world economy continues to be affected by many complicated and unpredictable fluctuations from epidemics to geopolitical uncertainties, strategic competition among major countries is increasingly fierce; Inflation increased in most countries, major economic partners…Our country's economy also faced many difficulties and challenges. However, with the leadership and direction in the right direction and drastic of the Party and State leaders; With the timely and effective participation of ministries, branches and localities, along with the outstanding efforts of the business community, the socio-economic situation in the first 8 months of 2022 of our country recovered rapidly in most areas. In all industries and fields, and maintaining stability, macro balances are ensured, inflation is under control. Generally, in the first 8 months of 2022, export turnover of goods is estimated at 250.8 billion USD, up 17.3% over the same period last year. Merchandise trade balance: August 2022 is estimated to have a trade surplus of 2.42 billion USD. In the first 8 months of 2022, the trade balance of goods is estimated to have a trade surplus of 3.96 billion USD (the same period last year, the trade deficit is 3.52 billion USD).

It can be affirmed that, in the export and import achievements, there is the contribution of trade promotion activities with the activeness and efforts of the system of Vietnam Trade Offices abroad in actively researching and evaluating the market. market and new mechanisms and policies on economy, trade and investment of the host country to promptly provide information, guidance and support to localities, industry associations, business communities in business activities. trade promotion activities to expand, develop, diversify markets and products, and boost exports.

However, at present, in major economies, especially the US economy, a slowdown in growth may affect the growth of the world economy. From the perspective of the task of promoting trade and developing foreign trade, this situation is requiring closer and more effective coordination between the system of the Vietnamese Trade Office in foreign countries and ministries, branches, localities and associations. industries, businesses and producers so that the parties can quickly update market information, new regulations and policies of other countries, help industries, localities and businesses to build and adjust strategies. , appropriate production and business plans, make the best use of opportunities to develop markets and promote exports. The chain of trade promotion briefings with the overseas Vietnamese Trade Office system is one of the solutions to promote and affirm the increasingly important role of the system of Vietnam Trade Office agencies abroad and to contribute to part meets the above actual requirements.
 Source: Trade Promotion Bureau