Trade policies of major countries are being monitored and businesses are being approached to understand their market needs and the kind of support they need from the ministry to propose appropriate response measures, a domestic news agency reported.
Trade promotion delegations are being sent to trade fairs and exhibitions to find potential partners and keep up with global trends.
Vietnamese businesses are being urged to diversify their export markets, reduce dependence on the United States and explore opportunities in markets where Vietnam has signed free trade agreements (FTAs).
Financial institutions are being urged to support businesses, particularly small and medium enterprises (SMEs), in accessing credit.
Departments and agencies are pursuing administrative reforms to help businesses shorten processing times and seize business opportunities, both within the country and abroad.
ALCHEMPro News Desk (DS)
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