Vietnam: Foreign trade promotion activities

On March 01, 2018, the Government of Vietnam issued Decree No. 8/2018/ND-CP on elaboration of 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, foreign trade promotion activities include:

- Establish trade connection and join distribution systems in foreign countries and in Vietnam.

- Provide assistance in the development and operation of trade and logistics infrastructure.

- Provide assistance in the research into development and enhancement of the quality of products and products.

- Provide training to increase the capacity for trade promotion and market development.

- Carry out other activities in accordance with regulations of law.

Besides, Decree No. 28/2018/ND-CP also stipulates the establishment of trade connection and participation in distribution systems in foreign countries and in Vietnam as follows:

- Organize and participate in trade promotion conferences, fairs, exhibitions, trade exchanges and events in foreign countries and in Vietnam to serve import and export.

- Provide counseling and assistance in building distribution systems and areas for display and introduction of exports in foreign countries and in Vietnam.

- 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 survey and trade exchanges with Vietnamese businesses.

- Establish trade promotion through e-commerce platforms, portals, Internet and telecommunications network.

- Other specific activities decided by the Minister of Industry and Trade.

More details can be found in Decree No. 28/2018/ND-CP of Vietnam’s Government, which takes effect from March 01, 2018.

- Thanh Lam -

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