According to the document to the Association, export enterprises, the Ministry of Industry and Trade recommends that the units ensure production materials to meet the requirements of the importing country, including quality, origin and traceability. Enterprises are encouraged to find more partners, expand their operations to potential markets.
The Ministry of Industry and Trade suggested that the industry associations pay attention to members about the increasingly strict standards from the import market. Businesses should pay special attention to food hygiene and safety, traceability, preventing trade fraud ... because this is a matter of affecting Vietnamese goods reputation.
The agency also emphasized the Unit role of the Association in supporting businesses with a variety of input materials, reducing risks from depending on a single supply market. At the same time, associations and businesses need to coordinate with the management agencies to promptly update the trade policy.
According to the Ministry of Industry and Trade, global trade is having many unpredictable fluctuations, especially the US application of tariff policies to many countries, including Vietnam.
Therefore, the strict control of input materials is considered as a proactive solution to respond, ensuring harmony of benefits between Vietnam and partners without interrupting production and business activities of domestic enterprises.
According to the statistics Department, the total import and export turnover of the first quarter reached more than 202.5 billion USD, up nearly 14% over the same period of 2024. Of which, exports increased by 10.6% and imports increased by 17%.
In terms of structure, the processing industry group reached nearly 91 billion USD, accounting for 88.4% of export turnover. Meanwhile, production materials group accounted for approximately 94% of import turnover, reaching more than 93.5 billion USD.