Ministry to spend $3 million on trade promotion
The Ministry of Industry and Trade (MoIT) will set aside VND55 billion (US$2.8) million to promote national trade this year.Titled the National Promotion Program 2011, the fund will be used to finance promotional activities proposed by 22 trade promotion organizations and 16 provinces.These activities include exhibition fairs overseas to be held by producers of key export products such as textile and garment, furniture, and seafood.MoIT however said this still modest budget wouldn’t be able to meet all of businesses’ needs and was asking for more funding from the government.
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The Ministry of Industry and Trade (MoIT) will set aside VND55 billion (US$2.8) million to promote national trade this year.
Titled the National Promotion Program 2011, the fund will be used to finance promotional activities proposed by 22 trade promotion organizations and 16 provinces.
These activities include exhibition fairs overseas to be held by producers of key export products such as textile and garment, furniture, and seafood.
MoIT however said this still modest budget wouldn’t be able to meet all of businesses’ needs and was asking for more funding from the government.
