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Building strength through cooperation (17/10)

17/10/2012 - 11 Lượt xem

Minister of Industry and Trade Vu Huy Hoang: Building strength through cooperation
Along with promoting effective implementation of the 'Vietnamese people buy Vietnamese goods' campaign and efforts to minimize difficulties for businesses, especially to reduce inventories, the MOIT has discussed with businesses and proposed to the Prime Minister new measures to help them. One of the measures is encouraging businesses to buy each other's products and cooperate to overcome difficulties. This measure will contribute to boosting the implementation of the 'Vietnamese people buy Vietnamese goods' campaign and tighten the relations between businesses.
This measure also aims at concretizing and promoting effective implementation of the Government and Communist Party's policy that encourages domestic businesses to create products that can compete with imports in terms of design and quality, thus boosting domestic production and minimizing the import of products which can be made in Vietnam. After signing the agreement to buy each other's products, businesses must seriously implement it to help each other and contribute to the 'Vietnamese people buy Vietnamese goods' campaign.
Vo Van Quyen, Director of the MOIT's Domestic Market Department: Groups and corporations under the MOIT have a high demand for buying each other's products

Statistics from the MOIT show that on September 1, 2012, the inventory level of many kinds of product remained higher compared with the same time last year. Specifically, the inventory index of the processing and manufacturing industries increased by 20.4 percent; construction materials such as cement, iron, steel and cast iron up 40 percent; animal feed and seafood, garments, fertilizer and nitrogen compounds, plastic products, batteries, electric wires and cables, motorcycles and motorized vehicles up 20 percent. The MOIT has taken many measures to help businesses reduce inventories, overcome difficulties and promote production and trade.
Via Instruction 13, the MOIT's leadership assigned the Steering Committee for the 'Vietnamese people buy Vietnamese goods' campaign to organize a ceremony for groups and corporations under this ministry to sign an agreement to buy each other's products. Surveys conducted by the Domestic Market Department showed that businesses under the MOIT had a high demand for buying each other's products. Specifically, the Electricity of Vietnam (EVN) Group needs to buy coal and other kinds of fuel and sell electric wires and cables and other types of electric equipment; the Vietnam National Chemical Group needs to buy coal and labor safety products while selling chemicals, fertilizer, auto and motorcycle tires; the Vietnam National Coal and Mineral Industries Group buys fuels and labor safety products while selling coal and lubricants; the Vietnam National Petroleum Group (Petrolimex) buys petrol, oil and other fuels while selling petroleum products, lubricants and paint; the Vietnam National Textile and Garment Group (Vinatex) buys coal, chemical papers and sells clothing, garments and safety workwear; the Vietnam Paper Corporation buys coal, chemicals and sells writing and printing paper. The Steering Committee for the 'Vietnamese people buy Vietnamese goods' campaign has worked with groups and corporations under the MOIT to learn about their demands and discuss solutions to help them overcome difficulties and reduce inventories.
Hoang Quoc Vuong, Chairman of the EVN Member Council: One third of EVN's investment is to buy domestic products
The National Electricity Development Plan for the 2011-2020 period with a vision towards 2030 (Master Plan VII) requires EVN to invest about VND60-70 trillion each year. One third of this amount will be spent to buy domestic products. In recent years, following the guidance of the MOIT, EVN has maintained close relations with domestic electro-mechanical product manufacturers to buy as many of their products as possible. In the time to come, EVN will seriously implement the agreement and continue to maintain close relations with other domestic businesses to make joint efforts to overcome difficulties.
Tran Quang Nghi, General Director of Vinatex: New hope for domestic manufacturers
In the recent period, Vinatex has strived to improve designs and increase the local content of products. In 2012, its export revenue will possibly exceed US$17 billion and domestic sales are predicted to reach nearly VND20 trillion. The inventory level of textiles and garments is not high but domestic textile and garment businesses have not brought into full play their production capacity. The policy that encourages businesses under the MOIT to buy each other's products brings new hope for domestic manufacturers to increase sales and reduces the use of imported goods with unclear origin that may harm human health.
We are committed to buying as many products of other groups and corporations under the MOIT as possible so that we can together overcome existing difficulties and pave the way for future development.
Under the agreement signed between groups and corporations under the MOIT, these businesses will give priority to buying materials, fuels, machinery, equipment and other kinds of goods that are produced in Vietnam, considering this as an important task both in the current period and in the future, which allows them to contribute to implementing the 'Vietnamese people buy Vietnamese goods' campaign, gradually overcome difficulties and promote production. Cooperation between groups and corporations is based on the principle of voluntariness, equality, mutual benefit and respect for the interest of each group/corporation/member company, complying with the law. This cooperation is promoted according to a specific roadmap that consists of several stages, each stage is suitable to the actual condition of each group/corporation/member company, contributing to the development of the industry and trade sectors as well as the socioeconomic development of the whole country. So far, 11 out of the total 16 groups and corporations under the MOIT have signed bilateral agreements to buy each other's products./.

Source: VEN