Non-tariff barriers raise issues for improving competitiveness, compliance
Entering the market is already difficult, but maintaining market share can be even more difficult.
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Entering the market is already difficult, but maintaining market share can be even more difficult.
Speaking at a meeting to review the performance of SPS Vietnam in 2023 and launch its plan for 2024, Deputy Director of the office Ngô Xuân Nam said Vietnamese firms are now paying more attention to registering to export to the Chinese market.
The website Bloomberg.com of the US on January 8 cited analysts opinions, saying that the State Bank of Vietnam (SBV), among the first in Asia to lower borrowing costs in 2023, will likely keep its benchmark interest rate steady through next year as it tackles economic growth and inflation concerns, reported Vietnam News Agency.
Việt Nam has more opportunities to boost fruit and vegetable exports to China this year due to signing more protocols to permit official exports of fruits and vegetables to this neighbouring market.
In 2023, Vietnam recorded an all-time high of 4.5 billion USD from exporting 8 million tonnes of rice. It is said that Vietnam still has a lot of potential to increase its rice output and export revenue due to rising global demand, which offers a great opportunity for Vietnamese rice to dominate the world market in terms of supply, quality and pricing.