TPP Brings Opportunities And Challenges To Vietnamese Enterprises

Vietnamese enterprises are thought to profit from it, but they also face many challenges in terms of competitiveness, product quality, raw materials, human resources quality, enterprise management, health and so on.

In addition, strict technical standards and the various trade protection measures that various countries will take will be the difficulties that Vietnamese enterprises must deal with.

Chen Junying, Vice Minister of industry and trade, said that the proportion of processed products in Vietnam has improved, but most exports and minerals are not processed or processed, and the added value of products is relatively low.

Many industries still rely mainly on processing exports, and raw materials depend on imports.

In recent years, Vietnam's exports have increased rapidly, but are vulnerable to external factors such as price changes in the world market, new trade barriers and trade protection measures of importing countries.

At the same time, the competitiveness of export commodities is not high, the development of supporting industries is slow, and the high proportion of raw materials imports is still a prominent problem.

Some Vietnamese enterprises said that

It is no small challenge to stipulate that raw materials must originate from member countries.

With the continuous entry of foreign capital into Vietnam, enterprises with low efficiency, backward equipment and low specialization will face huge competition, and more skilled workers will choose to work in foreign companies.

If Chinese enterprises go to Vietnam to invest, but do not invest in production and only export products purely to enjoy preferential treatment from TPP, this will also cause greater difficulties for domestic enterprises.

For exports.

The preferential treatment for TPP must comply with the relevant rules of origin, but at present, the import proportion of raw materials is up to 80%, which is also the biggest challenge facing Vietnam's textile industry.

Vietnamese enterprises hope that the government will take effective measures to stabilize the labor force, formulate relevant mechanisms and policies to attract enterprises to invest in the textile industry and increase the supply of raw materials.

At the same time, in order to promote the export of textile industry and enhance the competitiveness of products, the Vietnamese government should plan to focus on the development of industrial clusters and industrial areas, and build wastewater treatment systems.

For animal husbandry.

Vietnam's animal husbandry and Feed Association President Li Bo Li said that Vietnam's tropical climate conditions make Vietnam have great potential in the export of pork, duck meat and poultry eggs.

However, the cost of livestock products in Vietnam is higher than that of other TPP members, and the quality of products and water products are not high.

At the same time, the pportation cost is high, and there are too many intermediate links from the production terminal to the sales terminal.

Li believes that if agriculture wants to keep the "home field", it must consolidate human resources, introduce various measures against veterinary drugs, varieties, feed, and carry out large-scale standardized breeding.

At the same time, supporting policies such as land, loan and taxation should be provided to encourage large enterprises to invest in animal husbandry.

For rice exports.

At present, almost all the rice export commodities in Vietnam are not brand names, but they are classified according to the broken rice rate.

Vietnam wants to enjoy tariff preferences, and it must face product quality related problems.

The export of rice varieties is not uniform, undetected pesticide residues and traceability of origin will become the import market evaluation of food hygiene, safety and quality of the huge problem.

At the same time, after joining the TPP, foreign rice will enter the domestic market in large numbers. Due to the public's "worship outside" mentality and the reliance on the hygiene and safety of imported rice food, domestic rice will lose "home share" at that time.

Vietnamese enterprises believe that for the construction of rice brand, we must first stabilize the development of raw material producing areas, and build a production chain on this basis, which is more conducive to the construction of rice brand and break the trade or technical barriers to the quality of products exported to the country.

According to the report, Vietnam's Ministry of industry and trade put forward a series of emergency measures under this background, including: promoting production, ensuring exports, sorting out and adjusting policies to attract more domestic and foreign capital into the export commodity production area, and encouraging investment in producing high value-added, high-tech content and products that can replace imports; further optimizing machinery, wood products, and

Production technologies such as footwear and other industries with a relatively large proportion of exports; develop products with potential, fast growth and high added value, including building materials, chemical products, rubber, high-tech products, etc., and develop supporting industries rapidly so as to enhance the localization and technical content of the production of export products and meet the rules of origin of TPP.