Vietnam assured of Dutch support in exporting to EU

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Hanoi Times English - 14 month(s) ago 5 readings

The Hanoitimes - The Netherlands, with its economic, trade and export advantages can provide support for Vietnamese goods to enter the EU market, Dutch General Consul in Ho Chi Minh City Jos Schellaar told a seminar o­n boosting Vietnamese exports to European markets held in HCMC recently.

The Hanoitimes - The Netherlands , with its economic, trade and export advantages can provide support for Vietnamese goods to enter the EU market, Dutch General Consul in Ho Chi Minh City Jos Schellaar told a seminar o­n boosting Vietnamese exports to European markets held in HCMC recently.

Jos Schellaar described the Netherlands as a gateway to the EU market, helping to connect ports and industrial parks with the inland.

The Netherlands market also accounts for 57 percent of distribution centers in the EU and a large market share in warehousing and the chemical industry, he said.

Meanwhile Italian Trade Commissioner to Vietnam Bruna Santarelli said the Italian trade commission had offered free services to help Vietnamese enterprises expand investment and business in Italy , the 7th largest exporter and the 8th largest importer globally.

Vietnam-EU two-way trade value has increased from US$4.1 billion in 2000 to $24.29 billion at present, with Vietnam ’s export to EU reaching $16.5 billion.

But in order to increase Vietnamese goods’ competitiveness and boost exports to this market, experts say enterprises should try harder to meet the increasing demand for product quality as well as implement more effective market approach strategies.

Between the 2011-2013 period, Vietnam benefits from the EU’s generalized system of preferences (GSP) with a tariff reduction of 3.5 percent, which is applied to 25 percent of the country’s total exports to EU.

According to Tran Ngoc Quan, Deputy Head of the European Market, the Ministry of Industry and Trade, Vietnamese enterprises should seek professional help in order to make full use of existing trade commitments and agreements, as well as in protecting their interests in the EU market.

VNS

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