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Deputy Minister of Industry and Trade Do Thang Hai addressing the workshop. Photo: vov.vn

At a workshop in Hanoi on October 6, Deputy Minister of Industry and Trade Do Thang Hai said the Ministry of Industry and Trade (MoIT) has advised the Government to build a number of projects and programs to promote the consumption of domestic goods and help enterprises to expand markets and organize goods supply chains.

He cited the domestic market development project in association with the campaign “Vietnamese people prioritize using Vietnamese goods”; the rural trade development project in 2010-2015 with a vision until 2020; the project promoting Vietnamese firms to export to foreign distribution networks by 2020; the national trade promotion program; the national industrial encouragement program through 2020; and the trade development program in mountainous, remote, sea and island regions in 2015-2020.

Deputy Director of the MoIT’s Domestic Market Department Le Viet Nga said the supply chains play an important role in supporting enterprises to operate effectively and promoting economic growth.

Global firms tend to join supply chains to increase profits and achieve sustainable development, she said, adding that the engagement in well-managed supply chains will enable them to have more opportunities to dominate the markets, gain trust from customers and expand business strategies.

Since 2013, the MoIT has approved 1,025 projects with a total cost of VND 511.5 billion (USD 22.5 million), including 77 projects worth over VND 154 billion (USD 6.7 million) to promote domestic trade in mountainous, border, sea and island areas.

Source: VNA