Reforms of checks on imported products will help improve the business climate while reducing time and costs, which will give significant room for growth, Minister and Chairman of the Government Office Mai Tien Dung has said.
Tens of thousands of textile and textile product (TPT) workers in Indonesia have been laid off in the first half of this year, President of the Confederation of Indonesian Trade Unions (KSPN) Ristadi said on June 23, describing the sector’s situation as an emergency.
Only by developing high quality and excellent designs could Vietnamese garment and textile firms boost their exports to Japan, a market that holds strict standards for imported products, according to the insiders.
Vietnamese exporters should improve quality of their products if they want to increase their shipments to the Republic of Korea (RoK), the market that is enforcing more stringent control on imported products, experts have said.
Fierce competition looms large on the domestic market when more and more free trade agreements (FTAs) come into effect, said Deputy Prime Minister Hoang Trung Hai on December 29.
Locally-produced fast moving consumer goods were urged to improve their competitiveness to occupy the home market as the challenge from imported products was anticipated to become stronger.