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To improve export competitiveness
15/11/2022

According to the evaluation of the Department of Import and Export, the Ministry of Industry and Trade and the export of Vietnamese goods are currently existing limitations that need to be overcome to improve competitiveness.

In 2013, Vietnam exported 132.14 billion USD, the trade balance was balanced and super light. Export growth in the period 2007-2013 averaged 18%/year, the market expanded to most countries, many products have competed well in fastidious markets such as EU, USA and Japan.

However, the technological and value added content in Vietnam's export products is still low. Most of the key agricultural and export minerals are in rough or preliminary processing, so the value is not high. Many key export items are also heavy and depends on the source of imported raw materials. Although the processing industry group has had a strong growth in speed and density, it is still concentrated mainly in labor -intensive products, limited high -tech products.

Export growth quickly but vulnerable to external fluctuations, especially price fluctuations or the appearance of new trade barriers of importing countries. The reason is that the ability to predict changes in the world market is limited, adaptable and dealing with the trade barriers of the business are weak.

Supporting supporting industry, the import rate of raw materials is still large, so the production of export goods is often disadvantage when the world price fluctuates increasing the cost of domestic production, reducing the ability of the edge painting.

The above limitations are causing Vietnam's goods to face great competitive pressure, especially from the emerging economies wishing to enhance their position in their export value chain, while The comparative advantage of low labor costs of Vietnam is gradually disappearing.

Vietnam's export potential is still very large. According to the Ministry of Industry and Trade, the problem is to improve competitiveness. In order to do this, it is necessary to supplement production and trade policies (markets), appropriate investment and finance ... At the same time, synchronously implementing scientific, technological and technological standards. Advanced techniques go hand in hand with management and supervision in practice to ensure the improvement of competitiveness in both quality and added value for the immediate and long -term export goods.

Regarding production development: It is necessary to continue technological innovation for industries with large export turnover such as mechanics, wooden furniture, textiles and footwear to improve productivity and quality; Develop potential export products, growth and added value such as construction materials, petrochemical products, rubber products, high -tech products ...; Encourage development, attract investment in supporting industries to meet domestic demand and participate in global supply chains with mechanical engineering, electronics, informatics, automobile components , textiles, footwear, high -tech products. Develop standards and standards for agricultural, forestry and fishing products to improve quality and efficiency.

For trade policies: Promote activities to expand the market distribution market. Reviewing, the judgments, signing and supplementing appropriate agreements and mutual recognition of product quality, creating favorable conditions for circulation for exported goods. Effectively organize the forecasting of the market situation of goods, laws, policies, trading practices ... in markets to support the export activities of the enterprise.

Focus on promoting trade for new export products with a competitive advantage that is not limited in the market; Building and protecting the brand of goods and products in key and export potential markets; encourage overseas Vietnamese to organize distribution of Vietnamese goods in importing countries. Developing the border market in the direction of accelerating the construction of commercial infrastructure in border border gates; Provide and update information about the market, mechanisms and policies of neighboring countries.

Regarding financial, credit and investment policies: strong investment in export activities; encourage multinational corporations and large enterprises in the world to invest in supporting industries in an effective way, ensure environmental, commit to technology transfer and develop high quality human resources. Timely allocating capital with reasonable interest rates for export goods production industries, especially small and medium -sized enterprises. Implementing monetary policies, exchange rates, and flexible foreign currency management to ensure export encouragement. Investment in developing infrastructure for delivery of logistics and accelerating the socialization of logistics services. Promote human resource development training .../. (ALONG)

 

 

Viet Anh
Industry and Trade Newspaper

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