“The ‘abnormal thing’ is that while China tries to buy more from other countries, it has restricted the imports from Vietnam,” he noted.According to Truong Dinh Hoe, secretary general of the Vietnam Association of Seafood Exporters and Producers (VASEP), Chinese merchants cannot buy Vietnam’s products anymore because they are requested to show quality certificates granted by Vietnamese agencies.Elaborating on this, Duong Phuong Thao, deputy head of the Ministry of Industry and Trade’s Import/Export Department, said the Chinese side, while affirming that it will facilitate the import of Vietnam’s farm and seafood products, including rice and vegetables, stated that it will tighten cross-border trade activities and strengthen activities to prevent smuggling.The Chinese side also stated it will strengthen supervision over import quality.Bui Thi Thanh Tam, general director of the Northern Food Corporation (Vinafood 1), said that the government’s support is needed to sign rice export contracts. Besides, she has proposed reducing VAT tax on export companies to help them build brands.Meanwhile, Nang of VFA hopes the Ministry of Agriculture and Rural Development (MARD) would give financial support, so that Chinese officials can visit Vietnam to examine and recognize Vietnamese companies capable of exporting to the Chinese market.In the long term, Vietnam has been advised to escape heavy reliance on one export market. Diversifying export markets is what Vietnamese businesses need to strive for.
Vietnam suffers as China sets trade barriers on farm produce
Since Vietnam heavily relies on China, a major import/export market, it has encountered difficulties as China has tightened cross-border imports and set barriers to Vietnamese farm produce.
Vietnamnet
