1.

Record Nr.

UNINA9910554270203321

Autore

Binh Le Hai

Titolo

Vietnam-China agricultural trade : huge growth and challenges / / Le Hai Binh, Lam Thanh Ha

Pubbl/distr/stampa

Singapore : , : ISEAS-Yusof Ishak Institute, , 2021

ISBN

981-4951-58-7

Descrizione fisica

1 online resource (34 pages) : digital, PDF file(s)

Collana

Trends in Southeast Asia ; ; 2021, issue 4

Disciplina

338.19597

Soggetti

Produce trade - Vietnam

Agriculture - Economic aspects - China

Agriculture - Economic aspects - Vietnam

Vietnam Commerce China

China Commerce Vietnam

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Title from publisher's bibliographic system (viewed on 28 Oct 2021).

Nota di contenuto

Frontmatter -- FOREWORD -- EXECUTIVE SUMMARY -- OVERVIEW OF VIETNAM'S AGRICULTURE EXPORTS -- VIETNAM'S MAJOR AGRICULTURAL EXPORT MARKETS -- KEY TRENDS IN VIETNAM'S AGRICULTURE EXPORTS TO CHINA -- ACHIEVEMENTS AND CONSTRAINTS -- PROMOTING VIETNAM'S AGRICULTURE EXPORTS TO CHINA -- CONCLUSION.

Sommario/riassunto

Agricultural products are one of Vietnam's most important exports, contributing considerably to the overall export turnover of the country. Vietnam's agricultural exports are easily affected by external factors. It is overly dependent on the Chinese market, and its agricultural products do not as yet meet strict global standards. Challenges facing Vietnam's export of fruits and vegetables to the Chinese market include technical barriers, long risk assessment periods, restrictions on products exported through official quotas to the Chinese market, and frequent changes in China's policy on border crossings. The ongoing COVID-19 pandemic has underscored the importance of market diversification to this sector. To further develop its agricultural export sector, Vietnam needs to gather and consolidate information on import standards and guide its farmers on product quality requirements.



Besides, efforts to gradually diversify its markets are essential for it to avoid being dependent on a small number of partners and markets. Vietnam's participation in international organizations such as ASEAN, APEC, WTO, and AEC exemplifies its increasingly active efforts at seeking new development opportunities. The seventeen bilateral and multilateral free trade agreements which have been signed by Vietnam partly demonstrates efforts at achieving market diversification.