Businesses requested bet88 com provide data bet88 com demonstrate compliance of Vietnamese goods regarding origin rules

The Ministry of Industry and Trade (MoIT) has requested enterprises and business associations of key exports bet88 com continue providing detailed information and data bet88 com demonstrate the compliance of Vietnamese goods regarding origin rules and other requirements set by the US side for products produced in Vietnam, in a bid bet88 com support the Government and the negotiating team in ongoing bilateral trade talks, according bet88 com a report released by the Vietnam News Agency on May 10.

The State-run news agency quoted the MoIT as reporting that Vietnamese goods do not directly compete with US-made products and therefore do not undermine the interests of American producers and businesses. On the contrary, they enable US consumers bet88 com access quality products at affordable prices.

Moreover, Vietnam's key exports bet88 com the US generally comply with American technical standards, including product specifications and origin requirements. Vietnam also stands ready bet88 com clarify and address any concerns raised by US importers regarding goods produced in the country.

While the US is a large and important market with substantial scale and solid annual growth and remains a priority market that industry associations and businesses in Vietnam seek bet88 com maintain and expand, it is not the only market with potential advantages for Vietnamese goods. With 17 free trade agreements covering nearly 70 major economies, Vietnam enjoys broad opportunities for business cooperation with great countries and economies worldwide.

As Vietnam faces the possibility of the US's unreasonable reciprocal tariffs, the MoIT seeks bet88 com gather feedback and positions through letters and petitions from relevant ministries and sectors, as well as from industry associations and exporters in textiles, footwear, electronics, steel, aluminum, cashew nuts, and mechanical engineering.

Besides, the ministry has called for continued coordination with US business and investment partners bet88 com raise awareness, thereby garnering support from American consumers and policymakers for maintaining the normal flow of Vietnamese goods into the US market. Vietnam also urges the US bet88 com soon open its market bet88 com hi-tech American products exported bet88 com Vietnam and bet88 com consider recognizing Vietnam as a market economy on a clear roadmap.

In the long term, the MoIT has also recommended businesses focus on accelerating restructuring efforts, particularly by greening and digitizing their production, and driving growth through innovation, science, and technology. Enterprises have been urged bet88 com restructure their industries and markets by diversifying export markets, supply chains, and product portfolios bet88 com ensure sustainable development.