What should Vietnamese businesses do to increase export turnover?
Mr Thang: Vietnamese businesses need to explore all options to expand the existing markets and seek new markets without depending too much on traditional partners such as the US, the EU and Japan. Vietnamese businesses should pay attention to rapidly recovering markets in the Middle East, Oceania and Asia. It is predicted that despite facing some ups and downs, the world economy spurt back to life if businesses focus on exploring traditional markets Rubber promises to be a lucrative export item next year as currently nearly 80 percent of natural rubber is used for the automobile industry, which is forecast to flourish in 2010. Rice exports will also be a bright spot next year but the crux of the matter is how to be flexible in bidding activities so that rice can be sold at the best price. Reporter: What should be done to help Vietnamese businesses sharpen the competitive edge? Mr Thang: It is imperative to prevent some businesses from unhealthy competition and lowering selling prices t
