Trade barriers keeping Vietnam fruit producers out of foreign markets
To open new markets, Vietnam has to deal with two major issues – tariffs and technical barriers and administrative procedures. The former is not a problem as Vietnam can enjoy preferential tariffs, including a zero percent tariff, when exporting products to many markets thanks to 12 free trade agreements (FTAs).
But coping with technical barriers and administrative procedures of import countries is always a challenge. A senior official said it is difficult to open choosy markets like the US and Japan.
The US has opened its market to Vietnam’s star apples. However, Vietnam cannot export the products because it doesn’t have good preservation technology.
“Vietnam should give priority to introduce fruits which can be preserved for many days and can be competitive in price to optimize profits,” he said.
source: english.vietnamnet.vn
