As the world's second largest coffee exporter, experts have said that the impact from Vietnam on the world market is not really commensurate with its current position. Therefore, what needs to be done to develop the coffee industry to its full potential, reprentative of its current position.
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Vietnamese agricultural products have been present in nearly 200 countries and territories, helping the export turnover of agricultural, forestry, and fishery products to reach more than US$53.22 billion in 2022. However, to quickly join the global supply chain, Vietnamese agricultural products must meet the requirements and regulations set forth by importing countries, including traceability.
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Vietnam's bird nest industry is trying to implement many solutions to complete the procedures for the official export of oats to the Chinese market according to the recently signed Protocol. Businesses expect that this year, they can start exporting the first batches of oats to the largest market of the world's oat industry.
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The opportunity for Vietnam's food and processed food exports to Asia, Oceania, and Africa markets has been huge. However, to conquer these markets, focusing on sustainability and capturing changes in consumer tastes is necessary.
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Vietnam is integrating more and more deeply into the world. At the same time, Vietnam is a supply point in the global distribution chain of seafood, so there is no other way to strictly enforce the regulations of international organizations and capture fisheries needs to be sustainable. The removal of the "yellow card" warning not only brings economic efficiency but also affirms Vietnam's position in the international arena.
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In early February 2023, the General Department of Customs of China approved and officially added 23 Vietnamese seafood enterprises eligible to export to this country.
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When China lowers the level of its Covid-19 pandemic prevention and control policy, Vietnamese exporters need to quickly take measures to adapt to the new situation.
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Forecasting that the situation in 2023 will still be difficult, the processing and manufacturing industry needs to implement many solutions to maintain its position as a driving force for export growth.
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In the context of seafood exports being passive due to a decrease in orders from many markets, the reopening of China is a catalyst for this industry in 2023.
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Institutional reform is an important foundation for growth, a top task and a breakthrough solution, creating a strong driving force for the economy to develop sustainably. Customs News spoke with Dr. Vu Tien Loc, Member of the Economic Committee of the National Assembly, Chairman of the Vietnam International Arbitration Center about this issue.
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