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Vietnam works hard to boost exports to Chinese market

Vietnam earned 8.2 billion USD from exports to China in the first two months of 2023, posting a year-on-year increase of 4.2%, the Ministry of Industry and Trade (MoIT) has reported.
Vietnam works hard to boost exports to Chinese market ảnh 1Checking the quality of durians for export to China (Photo: qdnd.vn)
Hanoi (VNA) – Vietnam earned 8.2 billion USDfrom exports to China in the first two months of 2023, posting a year-on-yearincrease of 4.2%, the Ministry of Industry and Trade (MoIT) has reported.

China is the main importer of many Vietnamese products. Therefore, China'smarket re-opening from January 8 brings great expectations to Vietnamese businesses,especially those exporting vegetables, fruits, seafood, fiber,cement, rubber, steel, textiles, and rice.

According to Vietnam Fruit VegetablesAssociation (VinaFruit) General Secretary Dang Phuc Nguyen, China'srestoration of customs clearance is good news for Vietnamese fruit and vegetableexporters, and helps import-export activities betweenthe two countries gradually become bustling again.

However, he also reminded Vietnamese businesses to make careful preparation when resuming their exports to this important market because China has applied newand strict regulations for imported goods.

To Ngoc Son, deputyhead of the MoIT’s Asia-Africa Market Department, said Vietnam should concentrate on measures to furtherpromote exports to China through official channels.

He recommended that localities and management agencies focus on mappingout sector-targeted development strategies in parallel with building brands and concentrated and large-scale production and specialised farming areasbased on market signals.

Businesses also need to regularly update, get a betterunderstanding of and comply with China’s regulations related to qualitystandards, testing, quarantine, packaging, and traceability; and pay attentionto building and protecting their brands, and studying the demand and developmenttrends of the market, Son said.

To fully tap opportunities, the MoIT has directed units to comprehensivelyevaluate China’s reopening policy, thus taking solutions to supportenterprises.

Localities have been demanded to effectively regulatethe customs clearance of import-export goods at the border gates betweenVietnam and China, especially for agro-aquaculture products, and promote exportsthrough official channels.

The ministry and relevant state management agencies haveenhanced information sharing and set up hotlines to help remove difficultiesfacing businesses, and support them in taking part in exhibitions in China, said Vu Ba Phu, Director of the MoIT’s Trade Promotion Agency.  

Vietnam welcomes delegations of Chinese businesses whichwant to seek trade cooperation opportunities and partners in Vietnam, heaffirmed./.
VNA

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