The bilateral ministries convened an online forum to promote trade in agricultural products and food between Vietnam – China (Yunnan)
An Executive Team of the 970 Agricultural Product Connection Forum in Vietnam (Ministry of Agriculture and Rural Development) held an online forum on Feb 10, 2023 to promote the import and export of agricultural products between Vietnam and Yunnan (China).
The “Promoting trade in agricultural products” forum connected both Vietnam’s Ministry of Agriculture and Rural Development, the Southern Office of the Ministry of Agriculture and Rural Development, and the Lao Cai Provincial People’s Committee, with speakers from Yunnan province (China).
According to Deputy Minister Tran Thanh Nam, the Ministry of Agriculture and Rural Development has implemented strong communication of regulations 248 and 249 on registration of import-export enterprises to China and food safety management through forums. Up to now, Chinese Customs has issued 435 import-export business registration codes under Order 248.
The Ministry of Agriculture and Rural Development has also provided over 2,000 codes for planting areas and 1,438 codes for packing establishments for agricultural products exported to the market.
In 2022, Vietnam exported 14% ($2.2 billion worth) of agricultural products to the Chinese market, an increase compared to 12.7% in 2021.
The Vietnamese Industry and Trade Ministry, Agriculture and Rural Development Ministry, Foreign Affairs ministries are coordinating with border localities such as Lang Son, Lao Cai, Quang Ninh, Cao Bang to bridge with China’s Yunnan as trading partners to promote agricultural import and export businesses.
“Currently, in Lao Cai, there are more than 500 trucks to export agricultural products a day, while in Lang Son on average, more than 800 vehicles are cleared every day. Thus, vehicle traffic has started to increase,” said Deputy Minister Tran Thanh Nam.
To Ngoc Son, Deputy Director of the Asia-Africa Market Department, states that according to Vietnamese Ministry of Industry and Trade, China is the leading trading partner of Vietnam. The proportion of import and export with China in Vietnam’s total import and export accounts for 24%. Import-export turnover between Vietnam and China in 2022 reached $175.5 billion.
“China is the largest export market of vegetables and fruits with the proportion of 53.7%; of cassava and cassava products with the proportion of 91.47%; of rubber with the proportion of 71%. China is also the third largest export market of Vietnamese seafood (after the United States and Japan)” updates To Ngoc Son.
