Challenges for Vietnam’s exports of goods in 2025
Friday, January 3,2025AsemconnectVietnam - Although the world context has many unpredictable factors affecting import and export activities, the Ministry of Industry and Trade still sets a challenging target with export growth in 2025 reaching about 12% compared to 2024.
According to the Import-Export Department, this is a very challenging figure. On average, exports must increase by 4 billion USD/month compared to the average monthly level in 2024.
To achieve this goal, it is necessary to have synchronous implementation from ministries, branches, localities and the participation of the import-export business community. In which, the solutions that need to be focused on include: supporting businesses to take advantage of commitments in FTAs to boost exports, through propaganda on rules of origin and issuance of Certificates of Origin, opportunities and ways to take advantage of opportunities from the Agreements; strengthening activities to provide market information on digital platforms for localities, industry associations, and businesses.
The development and implementation of concentrated, large-scale, regionally linked trade promotion activities for products and industries must be supported with strengths of the region in target markets; continue to promote rapid and strong transition to official trade.
At the same time, we also need to promote negotiations and signing of new agreements, commitments, and trade links; coordinate with the Ministry of Agriculture and Rural Development to negotiate to open more types of fruit to be officially exported.
In addition, the Import-Export Department also proposed that the Minister of Industry and Trade recommend to the Government and the Prime Minister to implement solutions to facilitate export activities: promote the EU to soon remove the IUU yellow card for Vietnam's seafood exports; develop policies and frameworks to facilitate Vietnamese enterprises to penetrate the Halal food market; promote the development of supporting industries in a substantial manner, thereby increasing the value-added content of export products.
The Government directed the State Bank of Vietnam to continue to maintain low lending interest rates, creating favorable conditions for production and business; as well as not allowthe exchange rate to increase rapidly, causing difficulties for the import of raw materials and semi-finished products for production and export of enterprises.
CK
Source: VITIC/ haiquanonline.com.vn
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