The Vietnamese booth at the exhibition, jointly organized by the Ministry of Industry and Trade (MoIT) Trade Promotion Agency, the Vietnam Trade Office in Berlin and the Vietnam Fruit Association (Vinafruit), attracted a large number of visitors right in the first day of the event. This is the third year that Vietnam has joined the exhibition.
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Vietnamese Ambassador to Germany Vu Quang Minh (second from left) and Ludwig Graf Westarp (second from right), Director of Skaro company who represents the BVMW take a photo with Vietnamese durian, a loved fruit at the exhibition. |
On February 8, a trade exchange was held between the Vietnamese enterprises with members of Germany’s Federal Association of Medium-Sized Enterprises BVMW, German firms and Vietnamese companies in Germany, the Netherlands and Spain.
Highlighting the increasing competitiveness of Vietnamese products’ competitiveness, Vietnamese Ambassador to Germany Vu Quang Minh said he hopes the firms will optimize preferential tax rates from free trade agreements to boost exports of fruits and vegetables in the promising German market.
He pledged that the Vietnamese Embassy and the Vietnam Trade Office will give best support to Vietnamese firms in connecting with their peers in Germany to strengthen exports to Germany and the E.U. in general, thus optimizing the E.U. - Vietnam Free Trade Agreement (EVFTA).
Meanwhile, Vinafruit Chairman Nguyen Thanh Binh said that the exhibition is a great chance for Vietnamese firms to expand their market.
Data from the MoIT showed that after the EVFTA took effect, Vietnam’s exports of fruits to Europe has risen 25-30%.
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Representatives from Vinafruit and BVMW ink a memorandum of understanding on supporting businesses of both sides to strengthen cooperation in fruit export and distribution in the German market. |
Tran Van Cong, Vietnamese Trade Councillor in Germany said that the E.U. has been an important and promising market with annual consumption of over 110 billion USD worth of goods. However, Vietnam’s fruit export revenue from the market is still modest at over 200 million USD, accounting for only 0.02% of the EU’s spending on the product.
Underlining that the EVFTA, which brings import tax of Vietnamese fruits to 0%, is offering great opportunities for Vietnam in the E.U., he noted that last year, exports of fruits to the E.U. rose nearly 14%.
Cong advised domestic firms to focus on developing farming areas as well as preservation stage, ensuring that Vietnamese products are origin traceable, meeting requirements of the E.U.
At the event, the Vinafruit and BVMW signed a memorandum of understanding on supporting businesses of both sides to strengthen cooperation in fruit export and distribution in the German market.
Source: VNA