HCMC – The Vietnam Directorate of Market Surveillance at the Ministry of Industry and Trade has proposed enhancing information exchange with China to combat counterfeits, particularly food and foodstuffs without proper origin labeling.
A delegation of the Chinese Market Surveillance Department has met with the Vietnamese side to share information and experiences on market surveillance, according to the Ministry of Industry and Trade.
Chinese market surveillance leaders expressed their interest in cooperating with Vietnam to improve food safety management in the trading of food and agricultural products, facilitate the export of high-quality Vietnamese food and agricultural products to China, and create favorable conditions for long-term trade relations between Vietnam and China.
Due to the significant development of information technology, there is a high demand among Vietnamese consumers to purchase goods from China through e-commerce platforms, including food, foodstuffs, and dietary supplements. However, Vietnamese authorities still face numerous challenges in inspecting and controlling product quality.
Statistics from the General Department of Vietnam Customs showed that bilateral trade in 2022 reached US$175.6 billion, a 5.47% increase against 2021. Vietnam’s exports to China amounted to US$57.7 billion, a 3.2% rise. However, Vietnam had a trade deficit of US$60.1 billion with China.
