Improve skills in exploiting information and finding export markets for goods

Speaking at the opening of the conference, Deputy Director of the Department of Industry and Trade Cao Minh Tu said that export activities of enterprises across the country in general and in the province in particular are being negatively affected by the inflation situation taking place in many countries around the world, the global supply chain is broken due to geopolitical tensions, etc.

Mr. Cao Minh Tu - Deputy Director of the Department of Industry and Trade delivered the opening speech at the conference. Photo: Thu Huyen

The conference aims to share difficulties with businesses, help businesses diversify markets, and minimize negative impacts from fluctuations in the world market. Thereby, supporting businesses with skills to exploit export markets as well as ways to approach potential customers through trade promotion events.

According to the Department of Industry and Trade, in the first 9 months of 2022, Nghe An province's export turnover is estimated at 1.950 billion USD, up 12.62% over the same period in 2021. Of which, goods export reached 1.684 billion USD, up 13.02% over the same period, reaching 84.19% of the annual plan target.

Ms. Nguyen Thi Thu Thuy - Deputy Director of the Export Support Center - Trade Promotion Agency, Ministry of Industry and Trade shares skills in exploiting information and searching for export markets. Photo: Thu Huyen

Although the turnover has increased, the growth rate is still limited. Many strategic products of the province such as construction materials, seafood, processed fruits and fruit juices, textile fibers of all kinds, etc. have decreased in quantity as well as turnover compared to the same period. Construction materials export in 9 months reached 416.2 million USD, down 18.6%. Similarly, seafood export decreased by 49.1%; processed fruits and fruit juice decreased by 20.8%; textile fibers decreased by 12.5%.

The reasons are that the general market demand has decreased compared to the sharp increase of the previous year; international transportation costs, logistics, and world oil prices continue to increase sharply, especially the sharp increase in sea freight rates, causing product prices to rise; the Russia-Ukraine war and inflation in many countries around the world.

Overview of the conference. Photo: Thu Huyen

In addition, China's epidemic control policy has negatively affected businesses' import and export of goods, such as: The transportation of some agricultural products through the northern road border gates (Chima border gate, Tan Thanh - Lang Son; Thanh Thuy border gate - Ha Giang) is congested. The source of imported raw materials from China is unstable.

The conference was attended by Ms. Nguyen Thi Thu Thuy - Deputy Director of the Export Support Center, Trade Promotion Agency, Ministry of Industry and Trade - a consultant and companion of businesses in trade promotion events, exchanging and sharing some contents for businesses to update information, improve opportunities and skills in finding export markets.

Transporting canned fish products for export at Royal Foods Factory, Nam Cam Industrial Park. Photo: Thu Huyen

The conference also listened to many opinions, contributions and frank sharing from businesses about the difficulties and problems in the past time to find solutions and accompany more effectively in the coming time./.