Vietnam firms eye untapped foreign marketsThe Vietnam Trade Promotion Agency held a workshop in the capital on May 25 on trade promotion to the Middle East and Africa, which followed a conference on South American trade promotion on May 24. To date, Vietnam has established diplomatic relations with more than 70 countries in the region, opening opportunities to boost exports to these markets. If using document against payment method, Vietnamese firms should require deposits of at least 30 per cent. To facilitate Vietnamese exports to the region, Van called on closer co-operation between relevant State agencies and enterprises, especially in trade promotion. He also suggested domestic firms improve their understanding about South American trade information, customs procedures and payment methods.

Source: VietNamNet News May 26, 2017 02:48 UTC