Ministry of Industry and Trade tightens traceability to avoid fraud in goods origin

Diversifying input material supply sources - Photo: VNA

The document sent to export industry associations, manufacturing and exporting enterprises stated that the current international trade situation is evolving rapidly and unpredictably in the context of the US applying tariff policies to many countries around the world, including Vietnam.

Diversify raw material sources, ensure input origin

To proactively adapt to the new situation, for the harmonious interests of Vietnam with its partners without affecting the production and export activities of Vietnamese enterprises, the Ministry of Industry and Trade requests that export industry associations and production and export enterprises take note.

Export industry associations closely coordinate with state management agencies to promptly provide information on policy mechanisms and international trade market movements to advise and guide member businesses to proactively develop plans in production and export.

Besides, it supports member enterprises to expand and diversify their input material supply sources for export production, limiting dependence on one imported raw material market.

It is recommended that member businesses pay attention to ensuring the origin of input materials for production, meeting the requirements of importing countries on food hygiene and safety, traceability, and avoiding fraud of goods origin.

For export enterprises, proactively develop plans to adapt to the new international trade situation by seeking customers and partners from import markets with much room and potential for exploitation and development.

Note to consider the source of raw materials for producing export goods, ensuring importer requirements, product traceability and origin of export goods.

Negotiating delegation with the US on reciprocal tax

In response to the reciprocal tax developments announced by the US President's administration, yesterday, April 12, Prime Minister Pham Minh Chinh signed Decision No. 753 on the establishment of a Government negotiation delegation on trade issues with the US, headed by Minister of Industry and Trade Nguyen Hong Dien.

The negotiating delegation has the following tasks: to preside over and coordinate with relevant ministries and branches to develop scenarios and negotiation plans with the US on reciprocal trade agreements, in the spirit of ensuring national and ethnic interests, harmonious benefits, and shared risks.

Conduct negotiations with the US side to reach a reciprocal trade agreement that is appropriate, balanced, stable, sustainable, effective, mutually respectful and mutually beneficial.

The negotiating delegation is responsible for reporting to the Prime Minister on the negotiation process and results; proposing to competent authorities necessary measures and policies to implement the agreement after it is signed.

According to the General Statistics Office - Ministry of Finance, the import-export turnover of goods in the first 3 months of 2025 reached 202.52 billion USD, an increase of 13.7% over the same period last year.

Of which, the export turnover of goods reached 102.84 billion USD, up 10.6% over the same period last year. The import turnover of goods reached 99.68 billion USD, up 17.0% over the same period last year.

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Source: https://tuoitre.vn/bo-cong-thuong-siet-truy-xuat-nguon-goc-tranh-gian-lan-xuat-xu-hang-hoa-20250413150823175.htm