To that end, each month 1.57 million tonnes of crude oil must be exported. The funds for export assistance, credit guaranty and export insurance should be put into operation soon. Regarding markets for import and export, the strategy calls for further expansion of markets, multilateralization and diversification of ties with partners, full utilization of all possibilities to increase the exports to potential markets which are currently accounting for a negligible proportion and development of new markets and further access to original technology markets. The PM, however, pointed out such shortcomings of Vietnam's economy as low competitiveness and high product prices. He said Vietnam had to overcome these shortcomings in order to well integrate itself into the global and regional economies.
Market plays a pivotal role in an enterprise's development.
Therefore, enterprises and associations of trades have to expand export markets for their products and set up an Internet department for their information updating and e-business later on. The PM said the mechanism of giving priorities to export-producing enterprises is operated slowly and the Government has to adjust it every year. A long-term priority policy for export will be issued soon. Preferential taxes will be offered to investment projects and items which promise large markets. The PM requested the MOT to review its export strategy for the 2001-2010 period.