Maintain growth

As one of the key export industries, after a year of production interruption with many difficulties, many enterprises in the leather and footwear industry have quickly restored production activities. Ms. Phan Thi Thanh Xuan - Vice President of the Vietnam Leather, Footwear and Handbag Association (Lefaso) - said that many enterprises in the industry had export orders until the third quarter. Another industry is agricultural products, despite facing many difficulties due to congestion at the northern border gates, the total export turnover of agricultural - forestry - fishery products in the first two months of the year still reached about 8 billion USD, an increase 20.9% over the same period in 2021...

Leather and footwear enterprises quickly resume production

The recovery and growth of many key industry groups have made commodity export activities stable and growing in early 2022. Statistics of the Ministry of Industry and Trade show that the export turnover of goods in February 2022 is estimated at 22.95 billion USD. Generally, in the first two months of the year, export turnover of goods was estimated at 53.79 billion USD, up 10.2% over the same period last year.

Notably, after a period of hiatus, facing many difficulties in production and export, domestic enterprises have been quickly regaining growth momentum. Export turnover of the domestic economic sector has reached 14.29 billion USD, up 24.1%. This growth is more than four times higher than that of foreign-invested enterprises (5.9%).

In the first 2 months of the year, there were 9 items with export turnover of over 1 billion USD, accounting for 71.6% of total export turnover. The United States is Vietnam's largest export market; followed by China, EU, Japan, Korea, ASEAN. Notably, despite the escalating political tension between Russia and Ukraine, affecting global trade, in the first two months of the year, Vietnam still had a trade surplus of 109.1 million USD to the Russian market and exported. super 49.1 million USD to Ukraine.

Continue to create favorable conditions

To remove difficulties for export of goods, the Ministry of Industry and Trade is coordinating with ministries and sectors to strengthen guidance for businesses to make more use of signed FTAs, especially the Regional Comprehensive Economic Partnership Agreement. area (RCEP). The conference to propagate and disseminate the benefits of RCEP will be organized by the Ministry of Industry and Trade in March 2022 so that enterprises can promptly grasp the advantages of this market area and increase exports.

As for export activities through border gates, from the proposal of the Ministry of Industry and Trade, recently, Deputy Prime Minister Le Van Thanh assigned the Ministry of Health to take the lead, together with the Ministry of Industry and Trade, the Ministry of Finance, the General Department of Customs. Customs, Border Guard Command and localities with border gates, discussed with relevant Chinese agencies to immediately establish a model of "green zone" and "green channel" to control the Covid-19 epidemic in the area. gate. This is considered a practical solution, helping to remove difficulties for export through the northern border gate area in the coming time.

In addition to encouraging localities and traders to ensure "it is safe to export, export must be safe", the Ministry of Industry and Trade also coordinates with ministries and sectors to develop standards for goods exported through small quotas. and conditions and quality for goods exported through border quotas; mechanisms and policies to encourage official export of a number of goods currently stuck at border gates. When put into practice, this set of standards is expected to help cross-border export activities be carried out methodically and minimize risks.

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