Vietnamese exporters are urged to strengthen their defences against trade remedy investigations while seizing opportunities from growing global demand.
The Vietnam-Canada Business Association (VCBA) on August 9 coordinated with the Ho Chi Minh City Investment and Trade Promotion Centre (ITPC) to organise a seminar in both in-person and online format to support Vietnamese enterprises in accessing the North American...
The FTAs have opened up many doors for Vietnamese products to enter potential markets, including many demanding markets with high requirements and standards.
According to Shinhan Securities Việt Nam, Vietnamese firms exporting to Europe and North America’s East Coast are being affected by Red Sea route changes.
Phạm Thị Ngọc Thủy, Director of the Office of the Research and Development Department of the Private Economy described the diversification of export markets as a matter of survival for businesses in the current context.
Operated and managed by the Vietnam E-Commerce and Digital Econom Agency under the Ministry of Industry and Trade, it provides s on major foreign markets, popularises Vietnam’s export potential and offers consultations to help domestic firms raise their competitiveness and boost exports.
Hoang Minh Chien, the agency''s deputy head, emphasised that this collaboration will help reduce costs and save time, accelerate order processing and expand market access for Vietnamese exporters.
Vietnamese exporters need to continue to improve the reliability of agricultural products and ensure quality, safety and sustainability to compete globally, industry insiders said.
Vietnamese exporters must better meet clean and green quality requirements of the EU’s second-largest economy to enable them to enlarge the market share amid rising competition.
Vietnamese exporters need to be well prepared for any risks from protectionist trade measures from Australia against Vietnamese goods, such as anti-dumping and anti-subsidy policies, mostly in steel products, experts said.
Domestic exporters should pay attention to the exchange rate between the Vietnamese dong and other currencies to enable them to choose the most profitable ex-import markets and payment currencies.
Approaching the retail distribution system is an important way to expand exports to the European Union market, where Vietnamese goods still have significant room for growth provided by the EU – Việt Nam Free Trade Agreement (EVFTA).
Eight among the 100 cashew nut containers related to the latest alleged scam attempt against Vietnamese exporters have found buyers in the Netherlands, according to Viet Nam''s trade representative office in Italy.