With the book, the trade office hopes that Vietnamese businesses will promptly grasp regulations and market trends to adjust production and have access to new markets. (Photo: VNA) The European Commission announced the EGD in 2019, apackage of actions aimed at reducing greenhouse gas emissions and minimisingresources use while achieving economic growth.
This means that products sold in the EU market need tomeet higher sustainability standards. This agreement has an impact beyond theterritory of the EU, directly affecting global manufacturers and exporters,including Vietnam.
Nordic countries are always at the forefront ofenvironmental protection. At COP27, all Nordiccountries reaffirmed and highlighted the importance of responsibility forprotecting the environment and reducing the impact of climate change.
In this year’s budget estimates of these countries,there are budget expenditures for green investment activities and support forenvironmental protection.
The issue of environmental protection will continue toaffect the consumption behaviour of Nordic people.
The trade office said the deal may impact someVietnamese sectors like garment-textile, footwear, agriculture, fishery andsteel, as it requires environmentally friendly materials and procedures.
With the book, the trade office hopes that Vietnamesebusinesses will promptly grasp regulations and market trends to adjust productionand have access to new markets.
Apart from challenges, the EGD also offers newopportunities, it said, suggesting Vietnamese firms optimise them to createsustainable, environmentally friendly products in order to get long-termbenefits.
The office has also popularised Vietnam InternationalSourcing 2023 to be held by the Ministry of Industry and Trade in Ho Chi MinhCity from September 13-15, aiming to support domestic firms to engage moredeeply into the global production and supply chains.
According to the ministry, many foreign supermarkets,distributors and retailers are making their shopping list for products fromVietnamese suppliers at the event, which is expected to connect foreignimporters and domestic manufacturers and exporters.
The Vietnam International Sourcing 2023 will include aseries of activities, including conferences, trade exchange programmes. It expects the participation of300 businesses from different areas in the international supply chain.
The Vietnam International Sourcing 2023 is a reputableevent that draws leading firms in various fields, including food, garment andtextile, footwear, handbag, sportswear, home appliances, furniture, andsupporting industries.
This year’s event expects to welcome 8,000 visitorsand 150 delegations from 30 countries and territories. It has receivedgreatest-ever interest from world leading companies./.
VNA
