Meet international standards to expand export

“Results beyond expectations”

According to the General Statistics Office, Ministry of Finance , in the past 9 months, the total import-export turnover of goods nationwide reached 680.6 billion USD, up 17.3% over the same period last year, of which exports reached 348.7 billion USD, up 16%, imports reached 331.9 billion USD, up 18.8%, the trade balance of goods had a trade surplus of 16.82 billion USD.

In the first 9 months, there were 32 items with export turnover of over 1 billion USD, accounting for 93.1% of total export turnover, of which 7 items had export turnover of over 10 billion USD, accounting for 67.9%, including: electronics, computers and components; phones of all kinds and components...

At the seminar "Import and export of goods: Focus on the 12% growth target" recently organized by the Industry and Trade Newspaper, Dr. Vo Tri Thanh, economic expert, said that this is a result "beyond expectations".

Workers processing bananas for export. Photo: Vu Thao

Head of the Policy Synthesis Department, Import-Export Department, Ministry of Industry and Trade Vu Minh Tam added that one of the highlights is that import-export activities maintained stable growth momentum over the months, especially in the third quarter, with export turnover continuously reaching a high level of over 42 billion USD.

Notably, Mr. Tam pointed out, Vietnam has effectively exploited free trade agreements (FTAs). The proof is that in 8 months, exports to the EU increased by more than 8%; to China and Japan both increased by 9%; to South Korea increased by about 12%; to Canada increased by over 17%; to Mexico increased by 22.8%...

Market diversification is an urgent task.

However, our country's exports are facing challenges due to the world economy facing many difficulties, the trend of trade protectionism and geopolitical tensions affecting consumer demand, increasing logistics costs. If in the past, anti-dumping, self-defense and anti-evasion lawsuits mainly focused on large export items such as iron and steel and seafood, recently they have spread to items with lower turnover such as paper, pulp...; the trend of using non-tariff measures is also increasing, Mr. Vu Minh Tam informed.

On September 23, the Prime Minister issued Directive No. 29/CT-TTg on implementing key tasks and solutions to promote exports and develop foreign markets, clearly assigning tasks to relevant ministries, branches, localities, associations and enterprises.

Mr. Vu Minh Tam said that the Ministry of Industry and Trade has three main approaches to ensure the supply of goods for export. Specifically, the Ministry will coordinate with relevant ministries, branches, and industry associations to develop a project to diversify supply sources to avoid risks and disruptions; promote green, clean, and material-saving production to meet the requirements of sustainable growth as well as optimize resources; and focus on developing supporting industries to create domestic raw materials to ensure quantity and quality for export production.

The Ministry of Industry and Trade is also implementing many synchronous solutions from both supply and demand sides to promote exports. Accordingly, the Ministry is promoting negotiations on two agreements including GCC (Gulf Cooperation Council) and Mercosur (South American Common Market); enhancing negotiation activities within the framework of ASEAN and with markets in Africa, the Middle East, and Latin America to diversify markets and exploit niche markets. At the same time, the Ministry is also diversifying and innovating promotion activities in both export and import fields, Mr. Vu Minh Tam informed.

At the Government's online conference with localities on October 5, Minister of Industry and Trade Nguyen Hong Dien said that if there are no major fluctuations, the total import-export turnover this year is expected to reach a record of over 900 billion USD, with a trade surplus estimated at over 20 billion USD.

Minister Nguyen Hong Dien proposed that in order to stabilize production, ensure supply and promote import and export in the last months of the year, it is necessary to continue to remove difficulties, support businesses to restore production, business and stabilize people's lives after the storm. The Government, ministries, branches and localities need to continue to support businesses, manufacturers and associations and industries to access and exploit domestic and foreign markets; create conditions for businesses to participate in regional fairs, especially in ASEAN, China and Korea, and effectively exploit signed FTAs.

Dr. Vo Tri Thanh noted that in the context of many uncertain factors, diversifying export and import markets is more urgent than ever. However, the Chinese and US markets still play an important role because imported goods from these two markets play a key role in developing domestic production chains. To exploit effectively, businesses need to grasp market information, understand partners and establish a diverse network of relationships, Mr. Thanh recommended.

According to Mr. Thanh, although there have been positive changes in recent years, businesses still need to make efforts to meet international standards on technology and food hygiene and safety, especially when targeting high-end markets with even higher standards. At the same time, businesses must also meet requirements on green development, carbon emission reduction and other sustainable factors. This will contribute to the successful implementation of the export growth target of over 12% this year.

Mr. Vu Minh Tam recommended that businesses need to apply risk prevention measures and closely coordinate with the Trade Office, the Import-Export Department, the Trade Promotion Department, the Trade Defense Department... to receive timely support and advice, and protect their rights when exporting.

Source: https://daibieunhandan.vn/dap-ung-tieu-chuan-quoc-te-de-rong-duong-xuat-khau-10389493.html