The export of goods was relatively favorable in the first months of the year with many orders in such large industries as textiles, footwear, etc. However, the risk of supply chain disruptions and interruptions in importing raw materials from China is posing many challenges.
Mr. Than Duc Viet, General Director of Garment 10 Corporation, discussed with Customs News.
On May 27, at the Forum: "Improving the logistics service chain for agricultural products in the Mekong Delta", delegates said that the Mekong Delta has the highest logistics costs, accounting for 30% of the product cost, and so it is necessary to remove this bottleneck to help businesses develop.
Vietnam’s efforts to rein in inflation at about 4 per cent this year are set to hit a snag due to China’s anti-pandemic policy affecting the Southeast Asian nation’s trade.
According to experts, in the near future, the growth rate of e-commerce will be one of the important driving forces for economic recovery after the pandemic. Customs News spoke with Mr. Nguyen Ngoc Dung, Chairman of the E-commerce Association (VECOM), about this issue.
Supportive solutions for businesses need to be implemented faster and stronger to improve the capacity of businesses and increase linkage among them, according to experts.
Talking to Customs News, Dr. Mac Quoc Anh , Director of the Institute of Economics and Business Development, Vice President and General Secretary of the Hanoi Association of Small and Medium Enterprises, said that businesses have quickly adapted to develop amid difficulties, but those that have survived need to be stimulated to recover, so support policies need to be more appropriate.
Vietnam's logistics industry has had many development opportunities, especially when the Covid-19 pandemic was brought under control. Strengthening support and improving the competitiveness of Vietnamese logistics enterprises is an important factor, helping this industry make good use of the opportunities opened up in the future as well as develop more sustainably in the long term.
To increase rice export opportunities to ASEAN markets, enterprises need to review the import demand of each market in order to supply appropriately as well as pay attention to the brand identity of Vietnamese rice.
The recovery momentum of businesses has shown many positive signs after the first quarter of 2022.
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