Forum calls for OV entrepreneurs’ help with promoting Vietnamese goods, brands

The Vietnam National Brand Week 2002 kicked off in Ha Noi on April 20 with a forum held to call for overseas Vietnamese (OV) entrepreneurs’ support for promoting Vietnamese goods and brands.
Officials mark the start of the Vietnam National Brand Week 2022 on April 20. (Photo: VNA)
Officials mark the start of the Vietnam National Brand Week 2022 on April 20. (Photo: VNA)

Addressing the week's opening ceremony, Deputy Minister of Industry and Trade Do Thang Hai, who is also Vice Chairman of the Vietnam National Brand Council, cited a Brand Finance report as saying that the country’s national brand value last year grew 21.6 percent from 2020 to 388 billion USD, sustaining the 33rd position in the global rankings.

This is a considerable stepping stone for Vietnamese businesses to improve their competitiveness in the world, he said, noting that with support from the Vietnam national brand programme, many enterprises have become aware of the importance of brands, so as to increase products and businesses’ value.

The official pointed out the need to pay due attention to advertising Vietnamese goods and brands via trade centres owned by OVs so as to improve their competitiveness in international markets.

Echoing the view, Deputy Minister of Foreign Affairs Pham Quang Hieu, Chairman of the State Committee for OV Affairs, highlighted the contributions by the 5.3 million Vietnamese people living abroad, especially the entrepreneurs working in over 100 countries and territories, to the promotion of trade, products, and brands of Viet Nam.

He said with their knowledge, experience, and love for the homeland, OV entrepreneurs have surmounted numerous challenges by bringing Vietnamese goods to their host countries. They have also helped domestic agencies and businesses to learn about laws and consumers’ tastes in other countries.

In the time ahead, the Ministry of Foreign Affairs will push ahead with economic diplomacy and coordinate with the Ministry of Industry and Trade, localities, and agencies to boost the export of Vietnamese goods to the strongly recovering markets so as to capitalise on the growth trend in the global economy, according to Hieu.

At the national brand forum, participants discussed issues that attracted many companies’ attention, including the nation's brand in relation to product and enterprise brands, international experience in national brand building, how to raise the stature of Vietnamese brands amid the integration trend, and measures for helping firms overcome challenges.

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(Source: VNA)