Vietnamese firms seek to adapt to official exports to China
Vietnamese businesses and farmers face various challenges in exporting farm produce to China, which is shifting from unofficial channels to official ones.
Hanoi (VNA) – Vietnamese businesses and farmers face various challenges in exportingfarm produce to China, which is shifting from unofficial channels to officialones.
Statisticsshow up to 70 percent of Vietnamese agricultural exports to China have beenshipped via unofficial channels.
However,the Chinese side has set new conditions and policies towards agriculturalimports from Vietnam, putting many Vietnamese exporters in a pickle.
Accordingto Nguyen Cong Truong, Vice Chairman of the People’s Committee of Lang Sonprovince, which borders China, China has tightened policies regarding borderresidents and product packaging and preservation.
Notably,all Vietnamese goods must enter the Chinese market via official channels andwith contracts, the official said.
Truongsaid Vietnamese traders face huge risks exporting via unofficial channels astheir products may avoid the weak control set up by Vietnam to penetrate Chinathrough trails, but they can still be stopped by Chinese forces.
Moreover,local firms don’t abide by China’s requirements of origin traceability, saidHoang Khanh Duy, head of the export-import bureau under the provincialDepartment of Industry and Trade.
Thedepartment said it takes customs officers at the Tan Thanh border gate 3-5minutes to inspect a truck. Therefore, only about 180 trucks crossed the gateeach day in the first quarter of this year, leaving 500-700 others in the queuefor border customs control.
Duringthe period, the revenue of farm produce export through Lang Son’s border gates fulfilledonly 21.3 percent of its set target, equivalent to 89.5 percent of the amountrecorded in the same period last year, the department said.
LaoDong (Labour) daily reported that local businesses prefer unofficial exports whichcost them less in terms of packaging and transportation although they face morerisks.
Duysaid Vietnam aims to export more agricultural products to China via officialchannels, which requires greater efforts from State management agencies,enterprises and farmers to satisfy technical requirements set by theneighbouring country.
However,if successful, the quality and competitiveness of Vietnamese products will improveand they will have chances to join the global market more deeply, he said.-VNA
Reform of administrative procedures to facilitate origin certification granting, customs procedures and related process is recommended by experts in order to increase export to China, a potential market with considerable risks.
Vietnamese businesses have been urged to change their production and export methods to boost shipments to China – a big but increasingly demanding market for agricultural imports.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.