Agricultures, Foods, News & Event
China considers opening the door to many Vietnamese agricultural products
The Chinese side will actively promote the market opening process for Vietnamese agricultural products such as fresh coconuts, frozen fruit products, citrus fruits, avocados, custard apples, and oriental medicinal herbs of plants, buffalo meat, beef, pork, products from cattle and poultry meat.
In the Vietnam – China Joint Statement on December 13 on the occasion of the visit of General Secretary and President of China Xi Jinping, the two sides agreed to apply practical measures to expand the scale of bilateral trade according to the law. balanced and sustainable direction.
Promoting the role of the Regional Comprehensive Economic Partnership (RCEP) and the ASEAN-China Free Trade Area; strengthen cooperation on platforms such as China International Import Expo (CIIE), ASEAN – China Exhibition Fair (CAEXPO), China Import and Export Fair (Canton Fair); Expand the export of strong products from one country to another.
The two sides agreed to strengthen cooperation in the field of standardization, ensuring harmonization of standards for goods and products of Vietnam and China, especially agricultural products, creating favorable conditions. for bilateral trade cooperation.
The Chinese side will actively promote the market opening process for Vietnamese agricultural products such as fresh coconuts, frozen fruit products, citrus fruits, avocados, custard apples, and oriental medicinal herbs of plants, buffalo meat, beef, pork, products from cattle and poultry meat. The Vietnamese side will actively promote the import of Chinese sturgeon, increase exchanges between professional organizations of the two sides, and promote the healthy development of related industries of the two countries.
The two sides also agreed to apply effective measures to ensure a smooth supply chain of goods for production and consumption between the two countries and in the region. Improve customs clearance efficiency, promote pilot construction of smart border gates at specialized roads for transporting goods through area 1088/2-1089 and specialized roads for transporting goods at Tan Thanh – Po Chai border gate (marker area 1090-1091) belongs to Huu Nghi international border gate (Vietnam) – Huu Nghi Quan (China); Reasonably distribute import and export goods at border gates, ensuring the smooth operation of key border gates….
The Chinese side supports the opening of the Vietnamese Consulate General in Chongqing, and the Vietnam Trade Promotion Offices in Chongqing and Hangzhou (China) to promote an active role in economic and trade cooperation. between two countries; ready to continue to create favorable conditions for the Vietnamese side to soon open more trade promotion offices in relevant localities in China.
At the same time, the two sides continue to support the two countries’ railway enterprises to strengthen cooperation to improve the efficiency of Vietnamese goods transiting China.
Deputy Minister of Agriculture and Rural Development Phung Duc Tien acknowledged that the Chinese market leads in the total export value of Vietnam’s agriculture, forestry and fishery products, with about 11.5 billion USD in the first 11 months of 2023, accounting for 23.2%. . The reason agricultural, forestry and fishery exports to China are growing strongly this year, with a growth rate of 17%, is thanks to many protocols between Vietnam and China signed in 2022, helping many types of agricultural products. products have been officially exported to this market.
According to the Ministry of Industry and Trade, for many years, China has been Vietnam’s largest trading partner. The total two-way trade turnover of Vietnam and China accounts for 1/4 of Vietnam’s total import-export turnover with the world. On the contrary, Vietnam is also China’s 6th largest trading partner with the world and China’s largest partner in ASEAN.