Fruit and vegetable businesses take advantage of incentives from trade agreements

According to the Vietnam Fruit and Vegetable Association, taking advantage of free trade agreements such as the EU-Vietnam Free Trade Agreement (EVFTA), the UK-Vietnam Free Trade Agreement (UKVFTA) … is helping to pave the way for businesses to increase fruit and vegetable export turnover this year.

In particular, the UKVFTA promises to create a new driving force for economic and trade cooperation in the coming time as more than 94% of the total 547 tax lines for fruits and vegetables and fruit and vegetable products have a tax rate of 0%. Many products that are Vietnam’s strengths such as litchi, longan, rambutan, dragon fruit, pineapple, melon, etc. will have more advantages in market access in the context of fruits from competitive countries such as Brazil and Thailand, Malaysia... have no free trade agreements with this market.

Facing the trend of increasing protection of domestic production, increasing self-sufficiency has created many new barriers such as reducing illegal imports, improving requirements on quality, food safety, quarantine, and traceability. Nguyen Thanh Binh, Chairman of the Vietnam Fruit and Vegetable Association, said that it is necessary to promote linkages from production to processing, preservation, consumption, linking regions and localities to form a sustainable, stable and high efficiency value chain.

Localities and enterprises need to focus on large-scale production, applying high technology and good production practices such as VietGAP, GlobalGAP, etc. in production, and increasing the proportion of organic products in the agricultural product structure to create a big volume of products with high quality for processing and export.

State agencies and enterprises need to provide market information; provide guidance and training to raise awareness and practice for producers and businesses to minimize problems and risks when participating in fruit and vegetable production and import activities.

Source: Mard.gov.vn