Vietnam: Activities eligible to be provided with assistance from the national trade promotion program

Foreign trade is an activity that brings significant value to Vietnam's economy. Therefore, the state has issued numerous supportive policies to promote foreign trade activities. One of these policies is Decree No. 28/2018/ND-CP, which elaborates some articles of the Law on Foreign Trade management on some measures for foreign trade management.

According to Decree No. 28/2018/ND-CP of Vietnam’s Government, the national trade promotion program (hereinafter referred to as “Program”) shall provide assistance to the following activities:

1. Establishment of trade connection and participation in distribution systems in foreign countries and in Vietnam, specifically as follows:

- Organize international fairs and exhibitions on imports in foreign countries and in Vietnam; organize domestic fairs and exhibitions on imports, imported materials and equipment imported that serve manufacture of exports, technology products and raw materials that serve manufacture of domestic products that have an competitive advantage;

- Provide assistance in design of an exports display and introduction column on the web portal, e-commerce network, internet and telecommunication network;

- Form business delegations to carry out market survey and trade exchanges with foreign businesses and organizations;

- Let delegations of foreign businesses enter Vietnam to participate in conferences, fairs, exhibitions, carry out market surveys and trade exchanges with Vietnamese businesses.

- Organize international conferences on export industries in Vietnam.

2. Provide assistance in the development and operation of trade and logistics infrastructure, specifically as follows:

- Organize and participate in logistics conferences, fairs and exhibitions in foreign countries;

- Invite business delegations to Vietnam to discuss about opportunities for investment and cooperation in development of logistics services;

- Hold Vietnamese logistics forums, international logistics fairs and exhibitions in Vietnam.

3. Provision of assistance in the research into development and enhancement of the quality of products and products, specifically as follows:

- Establish and release information and database on products, industries and markets, instruct and assist enterprises in accessing, applying and complying with regulations, standards and conditions set out by importers and international commitments relating to exports and imports;

- Arrange and participate in survey programs, conduct research into products, industries and markets;

- Organize domestic and foreign conferences, workshops, seminars and forums to provide information about products, industries and markets

- Provide training to increase the capacity for product design and development for enterprises and designers;

- Provide counseling, hire experts to provide counseling and assistance in product design and development;

- Establish a connection between enterprises and designers;

- Promote international cooperation in product design and development;

- Introduce products.

4. Provide training to increase the capacity for trade promotion and market development, specifically as follows:

- Provide training and counseling and increase capacity;

- Prepare and release publications and documents about training aimed at increasing the capacity for trade promotion and market development.

5. Carry out other foreign trade activities prescribed by the Prime Minister.

Decree No. 28/2018/ND-CP of Vietnam’s Government takes effect from March 01, 2018 and replaces Decree No. 100/2011/ND-CP.

- Thanh Lam -

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