Export markets are increasingly strict, the Ministry of Industry and Trade offers solutions to overcome them.

ANTD.VN - The Ministry of Industry and Trade has directed units to focus on implementing solutions to remove difficulties for businesses, support production, and promote exports in the context of many challenges in world trade.

China reduces durian imports from Vietnam due to safety concerns

Not only does the US-China trade tension pose challenges to Vietnam's exports, but many foreign markets are also becoming increasingly strict, as evidenced by the application of self-defense measures by many markets on imported goods, including Vietnamese goods.

Recently, the Philippines announced the imposition of temporary safeguard duties on cement imported from Vietnam. The country also announced the initiation of a safeguard investigation on imported corrugated cardboard.

The Vietnam Trade Office in Singapore also said that on January 8, 2025, the Singapore Parliament passed the new Food Safety and Food Security Act (FSSA) with the aim of consolidating laws and adjusting current regulations related to food security, strengthening Singapore's food safety measures, and adjusting the country's agricultural system to adapt to climate change as well as the development of new foods.

The FSSA replaces and consolidates the provisions of eight existing acts. Accordingly, Singapore requires importers and traders of certain foods to obtain a license; Food traders must keep records for traceability or recall;

At the same time, food and feed businesses must develop “Control Plans” that clearly state strategies for achieving food safety; Establish a regulatory framework for pre-market approval of “identified foods”; and increase the maximum penalty for violations.

Not only the above two markets, since the beginning of the year, Vietnamese enterprises have continuously received warnings from trade offices about import markets for Vietnamese goods such as the EU, India, Malaysia, etc.

These markets have taken steps to apply self-defense measures on domestically produced goods, tighten management of imported goods through requirements to improve quality, packaging or impose trade defense taxes.

This shows that the competition of export goods is getting bigger and the export market is getting more and more strict. The pressure on export activities is very large when the export target to be achieved is to increase by 12-14% compared to last year.

To boost exports, the Ministry of Industry and Trade has just issued a Directive, requiring units under the Ministry, associations, and industries to have solutions to boost exports. In particular, units must promptly update changes in import markets, remove difficulties for businesses to boost exports;

Timely update changes from import markets, review the import management measures being implemented, propose measures in accordance with international commitments to manage the import of consumer goods and domestically produced goods.

The Ministry of Industry and Trade requests the Department of Foreign Market Development to closely monitor and promptly update information on the import and export situation of goods, changes in economic and trade policies in the market areas under its responsibility, especially key markets such as the United States, China, and the EU;

Strengthen trade promotion, expand markets, create favorable conditions for border exchanges; propagate so that people can proactively grasp market information.

In the first two months of 2025, import-export turnover increased by 12% over the same period, of which the trade surplus is estimated at 1.47 billion USD.

According to Mr. Nguyen Anh Son - Director of the Import-Export Department (Ministry of Industry and Trade), Resolution No. 25/NQ-CP dated February 5, 2025 of the Government on growth targets for industries, sectors and localities ensures the national growth target in 2025 reaches 8% or more: The target of goods export growth in 2025 reaches over 12%.

Trade surplus of goods of 30 billion USD. Import-export results in 2024, of which exports reach 405.5 billion USD; imports reach 380.7 billion USD.

Accordingly, the export target in 2025 is about 454 billion USD, import in 2025 is about 424 billion USD. On average, export turnover will reach about 37.8 billion USD per month. Thus, each month will increase about 4 billion USD compared to the same period.

Source: https://www.anninhthudo.vn/thi-truong-xuat-khau-ngay-cang-khat-khe-bo-cong-thuong-dua-giai-phap-thao-go-post605284.antd