Local goods should have global market: President

HÀ NỘI — Vietnamese enterprises should strive to promote Vietnamese products in the global market and improve their share in the home market, President Trần Đại Quang said on Saturday at a meeting with 115 businessmen in Hà Nội. 

The State leader stressed that global integration was a consistent policy of the Party and State, adding that it had helped attract foreign resources to Việt Nam, expand export markets and improve the country’s economic competitiveness. 

He acknowledged the important role of the business community in the past 30 years of the nation’s renewal process, which has created jobs, contributed to the State budget and promoted Việt Nam’s image in the global arena. 

He encouraged Vietnamese enterprises to take the lead in social-economic development. 

Regarding a wide range of free trade agreements Việt Nam has signed, he advised the business community to devise plans suitable to these pacts. 

Close collaboration between businessmen and scientists, and the application of advanced technologies, is also necessary, the President added. 

He said Vietnamese firms should update their knowledge of economics and intellectual property law, make an effort to protect domestic consumers, and join trade organisations worldwide. — VNS