Firms aim to boost official farm exports to ChinaMonday, October 15,2018
AsemconnectVietnam - Many Vietnamese firms want to boost exports of agricultural products to China via official channels to gain higher value and avoid risks from unofficial cross-border trade, but face a number of difficulties in seeking to bring their trade above-board.
ưAccording to Do Ngoc Chat, director of the Viet A Company, only a few agricultural products of Viet Nam are accepted to be exported to China via official channels.
According to Le Thanh Hoa from the Agro Processing and Market Development Authority, many agricultural products of Viet Nam could not be exported to China via official channels because the two governments had not finished negotiations on procedures and quarantine checks.
Chat said that many farm produce of Vietnamese strength such as coconut, avocado, durian and sweet potatoes could not be exported via official channels and must be exported in small volumes.
Chat said that Viet Nam’s exports to a huge market like China via official channels remained modest.
According to Nguyen Dinh Tung, direct of the Vina T&T Group, informal cross-border trade was disadvantageous for both traders and farmers.
Transportation costs in informal cross-border trade is higher and the risk of not receiving payment is also higher, he said.
In addition, firms and farmers do not pay attention to enhancing product quality, building their brands and verifying product origin in informal cross-border trade, according to Chat.
He said that many types of Vietnamese fruits were now exported to demanding markets like the US, Australia and Japan but were still going through unofficial cross-border trade to China.
Viet Nam was also focusing on removing barriers in the quarantine check process to expand markets for Vietnamese fruits and vegetables, he added.
should gradually reduce informal cross-border trade to China and shift to official exports.
Statistics of the Ministry of Agriculture and Rural Development showed that in the first nine months of this year, Viet Nam’s exports of agro-forestry-fishery products reached US$29.6 billion, in which China was the largest market with a value of $6 billion. Fruit and vegetable exports to China totalled $2 billion in the nine-month period, including official and unofficial trade.
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