HCM City boosts trade promotion in key markets

The Investment and Trade Promotion Centre (ITPC) of Ho Chi Minh City will focus on key markets like Russia, China’s Hong Kong, Cambodia, Myanmar, Indonesia and Laos in 2015 to expand market share of Vietnamese goods abroad.


ITPC Director Pho Nam Phuong said that the centre will accelerate the organisation of fairs and dispatch of more delegations to study these markets.


It will also promote activities to attract foreign investment in hi-tech industry and agriculture and support industry.


According to an ITPC report, last year, the centre welcomed 91 delegations from numerous countries, including the US, Japan, Germany, Russia, Indonesia, and France, coming to the city to seek business and investment opportunities.


It also organised six made-in-Vietnam goods fairs in districts across the city, drawing the participation of 300 enterprises and over 100,000 visitors.


In 2014, Ho Chi Minh City ranked second in foreign direct investment attractions with the total capital of 3.2 billion USD, a surge of 91.6 percent against the previous year. Its export value hit 32 billion USD, up 8.8 percent year-on-year.-VNA




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