If the export of goods in 2025 reaches a growth rate of 12%/year, each month, the export turnover must increase by 4 billion USD. This is not a small number.
Commodity exports set new growth target
According to the Import-Export Department - Ministry of Industry and Trade, import-export activities in 2025 still face many risks and are difficult to predict. Specifically, the US Federal Reserve (Fed) is expected to only cut interest rates twice in 2025, after lowering interest rates by a total of 1 percentage point since September. The crisis in the Middle East has been affecting freight transport in the world and in Vietnam.
In addition, the trend of trade protectionism is becoming more prevalent, many countries have taken measures to bring investment back to their home countries, and erect trade barriers. Developed markets such as the EU focus on sustainable development and have introduced many new regulations such as the Carbon Adjustment Mechanism, the European Anti-Deforestation Regulation, etc., which have impacted some of our country's key export products. The fluctuations in trade policies of major countries when the United States enters its new presidential term are strong and unpredictable factors.
 |
| Import and export in 2025 aims for new goals (Photo: Can Dung) |
However, considering the advantages, Dr. Le Huy Khoi - Deputy Director of the Institute for Strategy and Policy Research of Industry and Trade - Ministry of Industry and Trade analyzed that fundamental export products such as agricultural, forestry and fishery products have improved very positively in recent times (in 2024, the agricultural sector exported nearly 62.5 billion USD). Certainly, in 2025 and the coming years, the export of this group of products will be even better.
In addition, the participation and contribution of Vietnamese enterprises in the chain of other export products (manufacturing and processing) also has a clear growth, Vietnam's diplomatic relations with partners are very good, we have participated in deep economic integration, signed 17 multilateral and bilateral free trade agreements (FTAs) with major partners.
Dr. Le Quoc Phuong - former Deputy Director of the Center for Industry and Trade Information - Ministry of Industry and Trade further analyzed that, considering the world trend, it is forecasted that in 2025, the demand of the world market will continue to move in a more positive direction. The demand for goods will continue to increase, creating conditions for Vietnam's export goods to be exported strongly to the markets.
At the same time, the Ministry of Industry and Trade has been doing a good job of opening up the market and supporting businesses to effectively take advantage of incentives from Free Trade Agreements (FTAs). Early warning of trade defense measures is being implemented more and more effectively, helping Vietnamese goods avoid risks in the process of exporting goods abroad.
However, challenges for import and export activities also come when trade defense barriers and green standards of markets are gradually being built. In the context of many unpredictable factors, favorable and challenging factors affecting import and export activities, the Ministry of Industry and Trade still shows determination and high efforts, setting a challenging target of export growth in 2025 reaching about 12% compared to 2024. This can be said to be a very challenging number, because it is more than double the target of previous years. This means that on average, each month, exports must increase by 4 billion USD/month compared to the average monthly level in 2024.
Diverse export promotion solutions
To achieve this goal, the Import-Export Department believes that it is necessary to have synchronous implementation from ministries, branches, localities and the participation of the import-export business community, focusing on the following solutions:
Firstly, support businesses to take advantage of commitments in FTAs to boost exports, through dissemination of rules of origin and issuance of Certificates of Origin, opportunities and ways to take advantage of opportunities from the Agreements...
Second, strengthen activities to provide market information on digital platforms for localities, industry associations, and businesses;
Third, support the development and implementation of large-scale, concentrated trade promotion activities with regional linkages for products and industries with regional strengths in target markets;
Fourth, continue to promote rapid and strong transition to official trade.
Fifth , promote negotiations and signing of new trade agreements, commitments and partnerships; coordinate with the Ministry of Agriculture to negotiate to open more types of fruit for official export.
Sixth, implement Strategies and Action Programs on import and export of goods, develop logistics services, and develop rice export markets.
Seventh, support businesses to overcome new trade barriers in import markets.
The Import-Export Department also recommends that the Government, the Prime Minister, and the Minister of Industry and Trade resolutely implement solutions such as urging the EU to soon remove the IUU yellow card on Vietnam's seafood exports. At the same time, build policies and frameworks to create favorable conditions for Vietnamese enterprises to penetrate the halal food market, new markets from the Middle East, Africa, etc.
In addition, promote the development of supporting industries in a substantial way, thereby increasing the value added content in exported products. Take measures to support coffee, rubber and forest growers in preparing to build information systems and databases to implement accountability according to EU requirements.
In addition, the Import-Export Department recommended that the Government direct the State Bank of Vietnam to continue maintaining low lending interest rates, creating favorable conditions for production and business; at the same time, not allowing the exchange rate to increase rapidly, causing difficulties for the import of raw materials and semi-finished products for production and export of enterprises.
On the experts' side, Dr. Le Quoc Phuong emphasized that the Ministry of Industry and Trade needs to continue to maintain early warnings of trade defense measures from import markets. At the same time, coordinate with relevant ministries and branches to do a good job of preventing foreign goods from being illegally transported into Vietnam to fraudulently identify the origin of goods in order to take advantage of tax reductions from FTAs. Continue to implement solutions towards green and sustainable exports...
"Trade agencies also need to continue to increase the provision of market information so that export enterprises can have official and accurate sources of information," said Dr. Le Quoc Phuong.
On the business side, it is necessary to continue to improve the competitiveness of products and goods, meet the requirements of green standards and sustainable development from the markets...
Source: https://congthuong.vn/giai-phap-nao-de-xuat-khau-hang-hoa-tang-them-4-ty-usdthang-366212.html
Comment (0)