Hanoi (VNA) ༺– The increasingly extensive international economic integration not only poses various challenges but also opens up great opportunities for Vietnamese businesses. Therefore, the business community hopes that Vietnam's representative agencies abroad will provide consultancy and updates on partners and policies in different countries to help them expand exports and gain a firm foothold in the global market.

The expectation was shared at a dialogue between representatives from enterprises and associations and 23 new Vietnamese ambassadors and consuls general who are in charge of 48 markets worldwide, jointly held by the Vietnam Chamber of Commerce and Industry (VCCI) and the Ministry of Foreign Affairs on November 12. VCCI Vice Chairman Hoang Quang Phong urged Vietnamese representative agencies abroad to support the business community during the process of international economic integration, as they are facing new challenges in investment and technology transfer in the context of a rapidly changing world.

In-depth research on the economic policies helps the local ambassador and council general support Vietnamese enterprises to forecast business trends, and identify potential markets, Phong noted. He expressed his hope that the heads of Vietnamese representative agencies abroad will continue to support economic diplomacy as a political mission. This is especially the case in promoting the business environment, potential and strength of Vietnam's products and services. They will provide businesses with reliable information about the markets, culture and business practices of the host countries, and connect reputable partners to domestic enterprises. In particular, Phong highlighted the importance of support activities in forecasting the socio-economic situation in various regions, as well as assistance in handling international economic disputes, protecting intellectual property rights, and facilitating technology transfer both in Vietnam and abroad. Deputy Minister of Foreign Affairs Do Hung Viet, who was appointed as the Ambassador, Permanent Representative of Vietnam to the United Nations in New York, said the diplomatic agencies are willing to meet the needs of businesses in terms of connectivity and providing market information. He also stressed the geopolitical and global economic fluctuations, as well as the trend towards trade protectionism places importance on the origin of goods. This requires Vietnamese businesses to be proactive in adapting to these requirements.

He noted that 2025 is the year for the country to make breakthroughs to complete the five-year socio-economic development plan for 2021 - 2025. Based on the achievements in economy, society and foreign affairs, the Ministry of Foreign Affairs and the network of 93 Vietnamese representative agencies abroad will continue to implement economic diplomacy, especially in creating a stable and favourable environment, mobilising resources to serve trade, investment and promote new growth drivers, Viet said. At the event, sharing the potential for green cooperation, Nguyen Le Thanh, Vietnamese Ambassador to Denmark, pointed out business connection opportunities between the two countries in the fields of renewable energy, food processing, and consumer goods. She emphasised that Denmark is a clear example of how markets and economies need to align with reducing energy consumption and emissions. In addition to traditional export markets, Tran Thi Thu Thin, Ambassador of Vietnam to Mozambique and 14 other African countries, introduced to the business community the potential for exporting Halal food products from Vietnam to the Middle East and Africa markets./.