16:48 | 23/03/2016 Trade
(VEN) - Promoting agricultural exports was the theme of the seminar held recently by the Ministry of Agriculture and Rural Development in association with the Ministry of Industry and Trade. The seminar underlined the role of Vietnamese trade offices abroad in boosting agricultural links, production and exports.
Deputy Minister of Industry and Trade Ho Thi Kim Thoa (right) attends the seminar
According to the Ministry of Agriculture and Rural Development’s Agency of Processing for Agro-forestry-Fisheries Products and Salt Production Director Le Van Banh, agricultural exports have great potential due to increasing demand, opportunities in terms of ample tax preferences and higher competitiveness as a result of the recent conclusion of negotiations on several free trade agreements. Among Vietnam’s major export markets, the US has high and stable demand.
However, Deputy Minister of Agriculture and Rural Development Tran Thanh Nam said that Vietnam has not yet made the most of its strengths in terms of agricultural exports, as well as the opportunities posed by international economic integration. For this reason, agricultural export revenues remain modest, while competitiveness remains low, export prices remain unstable, and agricultural exports remain poor.
Vietnamese trade counselor in Australia Nguyen Thi Hoang Thuy said that Australia had potential but applied strict regulations on food safety. Unless Vietnamese fruits improve in terms of price and quality, exports will face difficulties. Nguyen Thi Hoang Thuy recommended that businesses closely control the quality of agricultural products before considering exports.
Vietnamese trade counselor in the Netherlands Nguyen Hai Tinh underlined the need for the Ministry of Agriculture and Rural Development to strengthen measures to expand export markets in order to boost sustainable agricultural exports, apart from developing cooperatives and links and building agricultural brands.
To actively adapt to market changes and cope with emerging problems, Tran Thanh Nam asked trade counselors to strengthen ties and resolve technical barriers and disputes over agricultural exports, while enhancing links between the Ministry of Agriculture and Rural Development and the Ministry of Industry and Trade in resolving difficulties for businesses, expanding agricultural export markets, maintaining and developing existing hard-to-please markets with a focus on markets with potential, and effectively exploiting traditional markets.
Deputy Minister of Industry and Trade Ho Thi Kim Thoa said that agricultural exports account for almost 20 percent of Vietnam’s total export revenues and greatly affect farmers. For this reason, the two ministries need to tighten relations in monitoring farming and agricultural exports in the near future.
Deputy Minister of Agriculture and Rural Development Tran Thanh Nam:
Vietnamese trade offices abroad have contributed to boosting Vietnamese agricultural links, production and exports.