Measures to further boost Vietnam’s exports, especially wooden and aquatic products, to the European market were the main focus of a seminar that was held in Quy Nhon city, the central city of Binh Dinh, on May 17.
The event was coorganised by Vietnam Chamber of Commerce and Industry’s Da Nang Chapter and Binh Dinh provincial People’s Committee.
At the seminar, experts in wooden and aquatic products from Binh Dinh province and Germany reviewed exports to the EU market.
A number of challenges and potential for exports to the EU market were also put on the table for discussion.
Delegates at the event highlighted the need for Binh Dinh and other localities to pay more attention to design and invest in production technology at factories to raise product quality.
In 2011 and the first four months of 2012, the EU market suffered from serious impacts posed by the public debt crisis, the degradation of its currency and the belt-tightening policies from EU governments.
Last year, Binh Dinh earned 275 million USD from exporting wood products, up 2.2 percent against the previous year. However, in the first four months of this year, the figure stood at only 88 million USD, a year-on-year decrease of 14.5 percent.
The delegates pointed out major reasons for the contraction, such as a limited number of orders, exporters’ concern about increasing prices of materials, losses and the shortage of production capital.
Binh exports wooden products to 70 countries and territories worldwide, with Germany , France , the UK , the Netherlands and Italy being the province’s major importers./.
The event was coorganised by Vietnam Chamber of Commerce and Industry’s Da Nang Chapter and Binh Dinh provincial People’s Committee.
At the seminar, experts in wooden and aquatic products from Binh Dinh province and Germany reviewed exports to the EU market.
A number of challenges and potential for exports to the EU market were also put on the table for discussion.
Delegates at the event highlighted the need for Binh Dinh and other localities to pay more attention to design and invest in production technology at factories to raise product quality.
In 2011 and the first four months of 2012, the EU market suffered from serious impacts posed by the public debt crisis, the degradation of its currency and the belt-tightening policies from EU governments.
Last year, Binh Dinh earned 275 million USD from exporting wood products, up 2.2 percent against the previous year. However, in the first four months of this year, the figure stood at only 88 million USD, a year-on-year decrease of 14.5 percent.
The delegates pointed out major reasons for the contraction, such as a limited number of orders, exporters’ concern about increasing prices of materials, losses and the shortage of production capital.
Binh exports wooden products to 70 countries and territories worldwide, with Germany , France , the UK , the Netherlands and Italy being the province’s major importers./.
