Vietnamese enterprises need to put quality criteria first when exporting
- 176
- Brand
- 22:57 19/05/2023
DNHN - In the EU-Vietnam Free Trade Agreement (EVFTA), the EU has committed to opening up 94% of the total 547 tax lines for vegetables and fruit and vegetable products to Vietnamese imports.
As soon as the Agreement goes into effect, many products that are Vietnam's strengths, such as lychee, longan, rambutan, dragon fruit, pineapple, and melon, will be removed. This has created a significant price advantage for Vietnam's vegetables and fruits, particularly in competition for EU imports with Thailand, China, Malaysia, and Indonesia, which have strengths in fruit and vegetables but no FTA with the EU. PV Enterprise and Integration conducted a brief interview on this topic with Mr. Marko Walde, the Chief Representative of the German Chamber of Commerce and Industry in Vietnam.
The European Union is one of Vietnam's largest export markets for agricultural products. The EVFTA Agreement, which went into effect on August 1, 2020, is viewed as an opportunity for Vietnamese agricultural products to integrate more deeply into large markets, but also as a challenge requiring manufacturing and exporting enterprises to undergo radical transformations. This "difficult" market necessitates a firmer export base for sustained growth. How do you assess the trade relationship between the two nations, the import-export market in Germany, and the potential of this market in Vietnam?
Mr. Marko Walde: Even the import-export aspect of German-Vietnamese trade relations, in my opinion, is excellent and moving in a very positive direction. In recent months, we have observed an increase in the number of German companies investing in Vietnam, and since the Free Trade Agreement went into effect in August 2020, the total import-export volume has increased. Likewise, the two countries grow annually.
In light of the current state of affairs, what factors do you believe Vietnamese businesses must consider when exporting to Germany and Europe?
Mr. Marko Walde: Vietnamese businesses must, in my opinion, focus on gaining a thorough understanding of the market and the current needs of German consumers. The second step is to understand the German and European technical and quality standards. You must also learn about European distribution channels, specifically how businesses can export to Germany most efficiently and sustainably. These are important factors and the strategy employed by Vietnamese businesses when exporting to Europe and Germany. Moreover, in addition to these methods, a free trade agreement between the EU and Vietnam provides Vietnamese businesses with several advantages that increase the competitiveness of Vietnamese export businesses. German consumers are familiar with the green and clean consumption trend of Germans and Europeans, particularly fresh fruit and vegetable products from Vietnam.
Can you elaborate on how export businesses can increase their competitiveness?
Mr. Marko Walde: Through international exhibitions, businesses that wish to export to the German and European markets must acquire knowledge, collect data, and evaluate market information. Learn more about the market and consumer preferences to find partners, and you can learn more about the techniques and technologies used in the industry for production. And the most important aspect is to prioritize technical and quality criteria.
Thank you for contributing
Uyen Nhi (Performed)
Related news
- Chopin: The magical piano – Touching the heart and emotions of the audience
- The collaboration between Green power and Huawei: A major step in developing a 100MWp solar energy project
- VITA VINA: Where dreams of vocational study abroad take flight
- Green Power and Green Carbon Group sign cooperation agreement for development
- Vinpearl, Hoa Sen Group, Bim Group, and Thành Thành Công – Biên Hòa are the most favored employers
- “Imposing high taxes on short-term real estate purchases reduces market liquidity”
- The policies shaping the future of the United States
- Proposal to provide financial support for troubled BOT traffic projects
- Vietnam promotes a strategy to penetrate the Middle Eastern Halal market
- Request to thoroughly resolve real estate issues and avoid "criminalization"
- Increasing taxes on pick-up trucks: The need to hear public opinion
- Why are Vietnamese startups not focusing on the domestic market?
- QuickPack Group (Germany) invests Eur30 million in Dong Tam Group'S Southeast ASIA Long An Industrial Park in Long An (Vietnam)
- "The Vietnam-Korea Investment Cooperation Forum 2024 is a testament to the spirit of innovation and sustainable collaboration."
- KBIZ's 60-year journey in building a solid foundation for South Korea's small and medium enterprise community
- Gold peaks, stocks languish: Experts identify opportunities for investors
- What categories are included in the additional audit subjects?
- General Secretary Tô Lâm sounded the alarm on preventing and combating waste
- The potential of the blockchain and cryptocurrency
- Electricity price hike and the long-term energy dilemma
Đọc thêm Brand
VITA VINA: Where dreams of vocational study abroad take flight
Recently, VITA VINA study abroad company successfully hosted its Year End Party 2024 under the theme "Gratitude and Connection."
Lee Kum Kee supported Vietnamese ethnic minority students: Creating opportunities for a brighter future
In 2024, Lee Kum Kee launched its “Hope as Chef” program in Vietnam for the first time, awarding five full scholarships to underprivileged ethnic minority students at Hoa Sua School of Economics and Tourism (Hanoi).
Vinpearl, Hoa Sen Group, Bim Group, and Thành Thành Công – Biên Hòa are the most favored employers
On December 5, 2024, in Ho Chi Minh City, the "Top Employer of Choice 2024" award ceremony officially took place, honoring the companies and employers most favored by employees nationwide over the past year.
Mena Gourmet Market signed strategic partnership with Ngoc Duy Group, Da Dream Farm
This collaboration is expected to lay the foundation for a sustainable agricultural ecosystem, affirming the position of Da Lat’s agricultural products in the national market.
Luster group officially launches new facility in Thanh Hoa
Luster International Joint Stock Company (Luster Group) has officially inaugurated Luster Spa – Thanh Hoa Branch.
IDI continues to rank among the top Seafood processing and Exporting companies in Vietnam
The International Development & Investment Corporation (IDI) – a key member of Sao Mai Group – has consistently ranked among the top seafood processing and exporting companies in Vietnam.
Vietnam's oldest nutritional porridge officially exported to the United States
In October 2024, Vietnam's oldest nutritional porridge brand, Cay Thi, officially hit the shelves of Asian markets in more than 37 states across the United States.
Recognizing 190 enterprises with the Vietnam national brand 2024
After more than nine months of preparation, the Minister of Industry and Trade signed a decision recognizing 190 enterprises with a total of 359 products achieving the Vietnam National Brand for 2024.
Million-dollar chocolate startup by a Vietnamese accountant
Legendary Chocolate, a startup founded by accountant Bùi Hồng Hạnh, made headlines after securing 10 billion VND in funding from Shark Tank Vietnam.
What can be learned from VinFast's success after becoming the best-selling car brand in Vietnam?
VinFast's market-leading sales in Vietnam in September marked a major turning point, as a domestic electric vehicle brand outpaced international competitors.