Vietnamese''s exports to Africa can enjoy new opportunities brought about by the African Continental Free Trade Area (AfCFTA) agreement, the MoIT said.
The Middle East and Africa have high demand for fruits and vegetables, offering Vietnamese firms a great opportunity to boost exports, according to the Ministry of Industry and Trade.
These challenges included a world economic recession, competition among major big economies, trade protectionism, inflation and rising interest rates, MoIT''s Director of the Asia-Africa Market Department said.
There remains room for Vietnamese exports to the African market, experts said at a virtual workshop on Viet Nam-Africa trade promotion held by the Vietnam Trade Promotion Agency (Vietrade) on Wednesday.
The Asia-Africa Market Department (Ministry of Industry and Trade) announced that the General Administration of Customs of China would continue issuing transaction codes allowing one Vietnamese company and one factory to export dairy products to the Chinese market.
Vietnamese firms need to improve product quality and research market trends and consumer tastes in Southeast Asian countries and take part in trade promotion programmes there to promote exports.
Africa and the Middle East offer opportunities for Viet Nam to boost exports of farm produce with their large demand, especially for fruits and vegetables, according to the Ministry of Industry and Trade.
Viet Nam and Ghana had established a good relationship, especially in the fields of trade and investment, heard a business conference held in the capital on Thursday.
China’s General Administration of Customs has allowed to import additional three species of Vietnamese aquatic products, according to the Vietnamese Ministry of Industry and Trade’s Asia – Africa Market Department.