ASEAN KEY DESTINATIONS
Vietnam hosts workshop on sustainable development
During the workshop, entitled "Trade policies for Sustainable Development in Viet Nam during the 2011-20 period", attendees debated on how to boost exports, control imports, reduce the trade deficit, promote environmental protection and tackle social issues.
Regarding exports, experts and scientists agreed that the country should continue developing the quality of its key products including rice, rubber, coffee and textiles.
Vietnam needed to become more competitive, experts said. They called on companies to effectively exploit export markets while continuing to look for new ones.
"Vietnam should increase its coffee bean exports to high-quality markets," said Le Huy Khoi, an official from the Viet Nam Institute for Trade
"It had been targeted that the country will trade 50-70 pe cent of its coffee on high-quality transaction floors up to 2015."
Workshop participants called on Vietnamese textile companies to increase exports to different markets.
"Vietnamese textile companies need to diversify their markets," said Do Kim Chi, an official from the institute.
Chi called on textile companies to develop their knowledge regarding international laws based on trade barriers within international markets.
Workshop attendees suggested Viet Nam increase its import of high technical products from 2011-20 while limiting the import of products that could be locally produced.
All experts agreed that both export and import activities should be developed in line with limiting natural resource exploitation and environment pollution for the purposes of sustainable development.
During the one-day workshop, participants analysed various challenges, including economic recession, climate change, natural disasters and energy safety.
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