On September 24, the Government Office announced that Prime Minister Pham Minh Chinh had just signed Directive No. 29/CT-TTg on the implementation of key tasks and solutions to promote exports and develop foreign markets.
According to the directive, in the context of complex and unpredictable changes in the world, especially strategic competition, conflict, instability in some regions, US counterpart tax policies, etc., goods export activities in the coming time will face many difficulties and challenges.
The Prime Minister requested the Ministry of Industry and Trade to preside over and coordinate with relevant agencies to monitor and grasp the market situation and trade policies of countries and partners to proactively implement according to their authority or propose to competent authorities flexible, timely and effective solutions to promote exports, promptly remove difficulties and problems that arise.
Promote the effective exploitation of signed Free Trade Agreements (FTAs), focusing on business connection activities, trade promotion, and supporting businesses to take advantage of opportunities from FTAs.
Promote negotiations to sign new FTAs to open up potential markets such as the Middle East, Africa, Latin America, Central Asia, Eastern Europe, India, Pakistan, Brazil, etc.; promote negotiations and signing of 2 FTAs between Vietnam and Mercosur and the GCC in the fourth quarter of 2025.
Continue negotiating the Comprehensive Trade Agreement with the US under the direction of competent authorities, the Government, and the Prime Minister.
Deploy large-scale, in-depth trade promotion programs for each industry in key markets such as: EU, US, China, Japan, Korea, ASEAN, India, the Middle East, Africa and Latin America...
Strengthen selective trade promotion activities for imported raw materials, components, equipment, and technology for production, to support domestic enterprises in improving production capacity, increasing product value for export, and contributing to balancing trade in markets.
The Ministry of Finance shall preside over and coordinate with relevant agencies to amend according to its authority or propose to competent authorities to amend mechanisms and policies to continue to improve the investment and business environment, remove unnecessary business barriers.
Direct customs forces to coordinate with relevant units to manage and control the quality of goods during customs procedures, prevent the import of poor quality goods, goods violating intellectual property rights, and fraud of origin.
The State Bank of Vietnam shall preside over and coordinate with relevant agencies to operate exchange rates flexibly, harmoniously, and reasonably balance interest rates, stabilizing the value of the Vietnamese Dong.
Research and develop connectivity in the monetary - banking sector on the basis of compliance with international commitments and laws, contributing to supporting trade and investment with partner countries, stabilizing and limiting risks arising during cooperation.
The People's Committees of localities with agricultural products exported across borders regularly update information and situations from border provinces to recommend farmers, production facilities, and enterprises processing agricultural products and fresh fruits for export in the area to proactively plan the production, packaging, delivery, and export of goods, avoiding congestion and other adverse impacts.
