Khanh Hoa enterprises seek export opportunities to the Chinese market

Expectations from CAEXPO

The 20th China-ASEAN Expo (CAEXPO) and China-ASEAN Business and Investment Summit (CABIS) took place in Nanning, Guangxi, China from September 16-19. Vietnam continued to be the largest participating country at this fair with 250 booths of more than 120 enterprises and units from 22 provinces and cities across the country.

Among them, Khanh Hoa province has 4 enterprises participating in displaying products: Khanh Hoa Salanganes Nest Beverage Joint Stock Company; D&T Khanh Hoa Seaweed Joint Stock Company; POM Group Production - Trading - Service Joint Stock Company and Hucafood Production - Trading Company Limited.

Doanh nghiệp Khánh Hòa tìm cơ hội xuất khẩu sang Trung Quốc

Prime Minister Pham Minh Chinh visits Khanh Hoa's booth. Photo: TX

Bringing products to the fair for the first time, Mr. Nguyen Le Van - Director of POM Group Production - Trading - Service Joint Stock Company - said that CAEXPO is an opportunity for businesses to get acquainted with the market and find partners. "This year, with the support of the Department of Industry and Trade of Khanh Hoa province, we brought herbal tea products to introduce at the fair. We believe that quality products associated with sustainable development orientation will always receive the trust of consumers," Mr. Van expressed.

For Khanh Hoa Salanganes Nest Beverage Joint Stock Company, previously, the company's products only went through unofficial channels, but there have been certain positive responses from the Chinese market.

Mr. Nguyen Khoa Bao - Director of Khanh Hoa Salanganes Nest Beverage Joint Stock Company - informed that recently, the canned bird's nest drink product under the brand name Sanvinest has been granted a license by the General Department of Customs to officially export to the Chinese market. "Therefore, CAEXPO is an opportunity for us to promote the introduction of bird's nest drink products to the shelves of retail distribution channels in the Chinese market," said Mr. Bao.

Khanh Hoa enterprise booth. Photo: TX

Mr. Nguyen Quang Duy - Director of D&T Khanh Hoa Seaweed Joint Stock Company - informed that the company's seaweed products have been exported to major markets such as the US, Japan, Taiwan, Korea, etc. but have not yet entered the Chinese market in the form of official exports. Therefore, D&T Company hopes to connect with partners and distributors here to bring products and Vietnamese brands to the international market, focusing on China.

Supporting businesses to penetrate the 'billion-people market'

Over the years, China has always been Vietnam's main agricultural exporter, with a market size of up to 1.4 billion people. In terms of market share, China is Vietnam's largest trading partner. In the first 8 months of 2023, agricultural exports to China reached about 7.3 billion USD, an increase of 9.8% over the same period in 2022.

In 2023, China will build high-tech barriers, requiring stricter quality for each type of goods. In particular, China will strictly manage the management of codes for growing areas and packaging facilities.

Ms. Phan Thi Thu Cuc - Deputy Director in charge of the Department of Industry and Trade of Khanh Hoa province - said that the enterprises of the province participating this time are export enterprises with prestigious, quality products and local characteristics. In the past, the province's export turnover to the Chinese market was still modest due to many barriers.

At this CAEXPO, Khanh Hoa Province Department of Industry and Trade participated with the Ministry of Industry and Trade delegation chaired by Minister Nguyen Hong Dien.

“The unit is responsible for supporting businesses to promote and expand markets abroad and in Asian countries in the region. At the same time, it exploits and approaches potential customers to act as import hubs in foreign markets when granted official export codes,” said Ms. Cuc.

Khanh Hoa Salanganes Nest Beverage Joint Stock Company and Chinese partners. Photo: TX

In order for Vietnamese goods to penetrate deeper into the global supply chain, the Deputy Director in charge of the Department of Industry and Trade of Khanh Hoa province suggested: Enterprises need to improve production capacity, comply with strict standards of foreign markets, ensure food safety criteria and disease prevention to meet export requirements.

Speaking at the opening ceremony of the 20th China-ASEAN Expo, Prime Minister Pham Minh Chinh emphasized: ASEAN countries, including Vietnam, always acknowledge China's important contributions to promoting cooperation and common prosperity in the region.

Vietnam supports cooperation and assistance in the spirit of openness, sincerity, trust, equality, and connecting the Belt and Road for the common prosperity of peoples in the region and the world.

Vietnam wishes to continue working with China and ASEAN countries to promptly complete negotiations to upgrade version 3.0 of the ASEAN-China Free Trade Agreement; upgrade road and railway infrastructure connectivity; and pilot the expansion of the smart border gate model to better meet the investment, business, trade, culture and tourism needs of the business community and people of each country.

Prime Minister Pham Minh Chinh suggested that China and ASEAN countries strongly promote balanced and sustainable bilateral trade, striving to make ASEAN China's first trade partner to exceed 1,000 billion USD in turnover.

Source link