According to the Ministry of Industry and Trade, to effectively promote the export of agricultural products to China depends very much on the organization and implementation capacity of enterprises, with the support of the State and Industry Associations, especially for trade promotion.
According to the Ministry of Industry and Trade, Vietnam and China have favorable geographical conditions for trade, and have joined the signing of the ASEAN-China Free Trade Agreement (ACFTA), which came into force in 2010, with tax rates. The total revenue is reduced to 0% for 8,000 product lines, including agricultural products.
In the near future, both countries will continue to participate in the Regional Comprehensive Economic Partnership (RCEP) – a new generation of Free Trade Agreement (FTA) with a broader, deeper level of commitment and There are many newer areas.
“The benefits that these Agreements bring are huge, but for effective exploitation, it depends very much on the organization and implementation capacity of enterprises, with the support of the State, Industry associations, especially especially for trade promotion ”, said Ministry of Industry and Trade.
For businesses, in order to maintain market share and expand the Chinese market, in the coming time, the Ministry of Industry and Trade recommends that the organization of the goods source meet the needs and tastes of the Chinese market in the coming time. Quoc.
Goods with reasonable prices, good quality, suitable to the needs and tastes of the local people, with enough output to provide regular and long-term supply, ensuring origin criteria to enjoy FTA preferences .
For the organization of export, businesses need to gradually switch to business in the form of regular trade, sign sales contracts instead of exporting in the form of quota to minimize the phenomenon of price squeeze. and other payment risks.
The Ministry of Industry and Trade recommends enterprises to monitor and update market information, import and export policies, regulations on product quality and consumer tastes of each Chinese locality to be proactive in their business plans. joint venture with this market.
At the same time, studying the possibility of cooperating with a number of Chinese enterprises in the field of e-commerce to import and consume agricultural products and fruits through e-commerce in this market.
It is necessary to develop long-term business strategies, plans, distribution networks, brands, models, packaging and protection registrations in the world's largest market.
The Ministry of Industry and Trade also said that businesses need to improve their commercial skills, understanding the cultural language of the market; It is even possible to hire Chinese brand development units to develop brands for Vietnam's strong and reputable products to better suit the tastes of the market.
According to VietnamBiz
