(VOV) - More than 200 overseas
Vietnamese businesses from 12 countries gathered at a forum in Prague, the
Czech Republic, on October 27.
The event, the sixth of its kind
held in Europe, focused on developing retail networks, bars and restaurants,
and services to help the overseas Vietnamese community stabilize their lives
and achieve sustainable development in their resident countries.
Delegates at the forum highlighted
business opportunities available in the face of the global financial crisis.
Former State Vice President Truong
My Hoa stressed the need to create close links among businesses, especially
during the current economic difficulties. Enterprises should propose measures
to help the State adjust mechanisms and policies to facilitate business
operations, she said.
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Most participants agreed that
Vietnamese businesses have not yet developed effective retail networks in
overseas markets. Though many Vietnamese businesses have secured a firm
foothold in Eastern Europe, they have been strongly impacted by the Euro zone
crisis because many of them are wholesale enterprises. Vietnamese retail shops
operate separately in Western Europe.
Hoang Manh Hue, Chairman of the
Union of Vietnamese Businesses Associations in Europe, said that many trade
centres are being built in Europe, but the main focus is not on promoting
retail networks, which can diversify their business operations. Vietnamese
enterprises need to cooperate with foreign partners in their resident countries
to overcome difficulties and increase their effectiveness, he added.
Some delegates suggested that
Vietnamese businesses set up retail shops in remote areas where large European
firms usually do not have a presence.
Tran Dang Chung, a representative
from the Russian Business Association, said retail venues in overseas markets
will help expand the distribution networks of local businesses and limit
unhealthy competition.
On this occasion, former Vice State
President Truong My Hoa, who is also Chairwoman of the Vu A Dinh Scholarship
Fund, introduced a new scholarship program called “For Truong Sa Students” and
called for support from overseas Vietnamese businesses.
Source:
The Voice of Vietnam
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