Illustrative image (Photo: VNA) HCM City (VNA) - Vietnamese food producers need to improve quality, adopt internationalstandards and overcome trade barriers in other countries to boost exports, theVietnam Food Forum heard in Ho Chi Minh City on November 13.
Deputy Minister of Industry and Trade Do Thang Hai said many multilateral and bilateral free trade agreements the countryhad signed had opened up plenty of opportunities for Vietnamese companies toboost exports.
Agricultural and food exports had seen good growth in recent years,but firms came up against stringent requirements in many markets.
Vianney Lesaffre of the International Trade Centre said: “There is an increasing trend of applying non-tariff barriers in theinternational market.
“Non tariff measures (NTMs) are official policy measures, other thanordinary customs tariffs, that can potentially have an effect on internationaltrade in goods, changing volumes traded or prices or both.”
They include technical measures and standards as well as regulations oncustoms procedures, para-tariff measures, financial measures, prohibition, andothers.
The ITC and the Vietnam Trade Promotion Agency (Vietrade) are jointlycarrying out an NTM programme to identify the most challenging traderegulations faced by Vietnamese companies, define feasible actions to overcomethe obstacles and reduce costs and increase understanding of NTMs and relatedprocedures.
Nguyen Thi Minh Thuy, actingdirector of Vietrade’s information technology application centre, said besidesthe NTMs programme Vietrade has also collaborated with the ITC for some otherprojects such as the ‘Trade for sustainable development (T4SD) hub in Vietnam’and the ITC SheTrades Initiative that aims to connect three million womenentrepreneurs to international markets by 2021.
To boostexports, Vietnamese firms must understand the specific requirements of theirtarget markets, improve marketing strategies and build brands, other delegatessaid.
Andreas Krey, general director of Germany’s Thuringia State DevelopmentOffice, said: “German consumers are increasingly fondof Vietnamese products thanks to improving quality.”
He said he saw a lot of opportunities for both sides to bring products toeach other’s market and suggested businesses from Germany, especially ThuringiaState, and Vietnam should enhance co-operation, for example by creating jointventures, “to share their experiences in production and quality.”
“It is time to come to Germany because we need your products,” he said./.
Deputy Minister of Industry and Trade Do Thang Hai said many multilateral and bilateral free trade agreements the countryhad signed had opened up plenty of opportunities for Vietnamese companies toboost exports.
Agricultural and food exports had seen good growth in recent years,but firms came up against stringent requirements in many markets.
Vianney Lesaffre of the International Trade Centre said: “There is an increasing trend of applying non-tariff barriers in theinternational market.
“Non tariff measures (NTMs) are official policy measures, other thanordinary customs tariffs, that can potentially have an effect on internationaltrade in goods, changing volumes traded or prices or both.”
They include technical measures and standards as well as regulations oncustoms procedures, para-tariff measures, financial measures, prohibition, andothers.
The ITC and the Vietnam Trade Promotion Agency (Vietrade) are jointlycarrying out an NTM programme to identify the most challenging traderegulations faced by Vietnamese companies, define feasible actions to overcomethe obstacles and reduce costs and increase understanding of NTMs and relatedprocedures.
Nguyen Thi Minh Thuy, actingdirector of Vietrade’s information technology application centre, said besidesthe NTMs programme Vietrade has also collaborated with the ITC for some otherprojects such as the ‘Trade for sustainable development (T4SD) hub in Vietnam’and the ITC SheTrades Initiative that aims to connect three million womenentrepreneurs to international markets by 2021.
To boostexports, Vietnamese firms must understand the specific requirements of theirtarget markets, improve marketing strategies and build brands, other delegatessaid.
Andreas Krey, general director of Germany’s Thuringia State DevelopmentOffice, said: “German consumers are increasingly fondof Vietnamese products thanks to improving quality.”
He said he saw a lot of opportunities for both sides to bring products toeach other’s market and suggested businesses from Germany, especially ThuringiaState, and Vietnam should enhance co-operation, for example by creating jointventures, “to share their experiences in production and quality.”
“It is time to come to Germany because we need your products,” he said./.
VNA
