VN ‘should export more to Indonesia'
HCM CITY (Biz Hub)- Vietnamese companies should consider Indonesia a high-potential export destination and find niche markets to exploit in this country, an industry insider say. A Thoi Bao Kinh Te Viet She added that a few major Vietnamese companies like Vinamit, Nhon Hoa Scales and Trung Nguyen Coffee have already found success in This was a good sign for Vietnamese companies, she said. However, she also said that local firms should act with a sense of urgency or risk losing the opportunity to competitors from other countries. Concurring with Hanh, Nguyen Tuan Quynh, deputy chairman of the HCM City Association of Young Entrepreneurs, noted that Vietnamese companies should therefore study the market carefully and expand operations into the fellow ASEAN member nation, he said. Agriculture was one of many potential sectors that Vietnamese companies must explore in A representative of the Industrial and Agricultural Machinery Company, Bui Van Ngo, said that they had successfully sold agriculture machinery to He said Vietnamese companies should offer agriculture consult-ancy services in the country. Currently, the Pho 24 restaurant chain has established around 15 outlets in Hanh said Vietnamese companies must study the model of food chains to establish these in foreign countries including A report presented by the General Department of Customs at the conference said trade turnover between the two countries has developed significantly in recent years. In 2008, the bilateral trade turnover was US$2.5 billion. In 2012, it had increased to $4.6 billion and is expected to reach $5 billion before 2015 and $10 billion by 2018. Exports from In the first seven months of this year, the department said, export turnover to Products with high export value to |
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