Vietnamese businesses, especially those operating in the agricultural sector, have made all necessary preparations and are ready for the reopening of the Chinese market from January 8.
The Ministry of Industry and Trade held the conference "Exporting to FTA markets - Solving the problem of sustainable development" on November 18 in Ho Chi Minh City. Many export enterprises in many fields and industries in Southern provinces and cities have raised the difficulties that need to be removed when entering export markets.
Vietnamese exporters need to continue to improve the reliability of agricultural products and ensure quality, safety and sustainability to compete globally, industry insiders said.
According to the Vietnam Trade Office in Italy, up to this point, all cashew nut containers of Vietnamese enterprises suspected of being scammed in Italy have been returned to Vietnamese enterprises.
The last of the 35 cashew nut containers, the original documents of which were claimed by Vietnamese exporters to be missing because of a suspected scam, have been ultimately released under an Italian court rule.
The Ministry of Industry and Trade, on October 27, coordinated with the European Chamber of Commerce (EuroCham) to organize the Vietnam-EU Trade Forum in 2021 titled "EVFTA – Leverage for Trade and Investment Cooperation in the New Normal’. The meeting attracted more than 300 delegates from many provinces, cities, commercial counselors, domestic and European enterprises.
Vietnamese exporters in the steel and mechanic sectors expect to get easier access to the UK market following the signing of the UK-Vietnam Free Trade Agreement (UKVFTA) last month.
The EU has always been the second-largest market of Vietnam's aquatic export. When the Vietnam - EU Free Trade Agreement (EVFTA) takes effect, aquatic exports to the EU are expected to grow robustly.
For having not opened letters of credit, 58 containers of black pepper of 13 Vietnamese enterprises exported to Nepal are stuck at ports in this country. Because their goods could not either be exported or re-exported, enterprises are asking the Prime Minister for help.
According to the Ministry of Industry and Trade, the US currently is the largest export market of Vietnam. Up to now, export turnover to the US market has exceeded US$45 billion, an increase of more than 28 percent over the same period last year.
Vietnamese exporters are eyeing Canada as ripe for profits thanks to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), experts said at a conference held in Ho Chi Minh City on April 10.