HÀ NỘI — Vietnamese exporters have encountered many challenges due to rising inflation worldwide, the downward trend in commodity prices and the falling demand in many export markets. In such a difficult context, the firms are urged to diversify export markets besides traditional ones, experts have suggested. However, the firms' traditional markets would not be easily changed in one to two years, she said. Closer cooperation between exporting enterprises and the State agencies and ministries in researching export markets would also be necessary, Thuỷ said. Economist Đinh Trọng Thịnh said in the past time, some Vietnamese firms have fallen asleep over the victory they had in traditional export markets.

Source: Viet Nam News August 04, 2023 14:39 UTC