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Update news technical barriers
Vietnam’s farm exports have been given warnings by import countries. Farmers and exporters have been told that their products may face refusal if they do not improve the quality of produce.
Eleven Vietnamese fruits have been allowed to be exported to China through official channels. However, Chinese consumption decreased during the pandemic, and, as a result, Vietnam’s exports to the market fell by $400 million in H1.
Minister of Industry and Trade Tran Tuan Anh informed the press on the outcomes of two special virtual meetings of ASEAN on responding to the COVID-19 pandemic that Vietnam hosted on June 4, as Chair of the ASEAN in 2020.
Since June, Vietnam’s farm and seafood produce have had through official channels to enter China and meet stricter requirements. Despite this, China still remains Vietnam’s major export market.
Vietnam misses many opportunities to export farm produce because of food safety requirements set by import countries.
VietNamNet Bridge - It can take many years to reclaim a new market for Vietnam’s farm produce, but even when the markets open, fruit producers still struggle because of trade barriers.
VietNamNet Bridge - While tariff barriers have been removed within the framework of free trade agreements (FTAs) that Vietnam has signed, technical barriers have barred domestic enterprises from entry into the world market.
VN steelmaker Tisco to sell shares to SCIC; Fisheries sector aims for US$8.5 billion export turnover in 2015; Thailand seeks to woo Vietnamese tourists; FIA puts foreign investments at US$20 billion; Sugar firms fear losses, oversupply
VietNamNet Bridge – Russian agencies have blamed a drop in seafood imports from Vietnam on the low quality of products but Vietnam maintains this is a biased assessment.
VietNamNet Bridge – Given the chip industry development program until 2020, HCMC has received much expert support for chip research and design whereas there is concern about investment in chip production.
No perfect solution has been found to reduce the number of refused seafood exports. Meanwhile, enterprises have to spend more money for temporary solutions.