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Ministry of Industry and Trade requires strict control of input materials for export goods

The Ministry of Industry and Trade has just issued a document on strict control of raw materials for export to avoid risks with US trade policy.

VTC NewsVTC News13/04/2025

The document sent to export industry associations, manufacturing and exporting enterprises stated that the current international trade situation is evolving rapidly and unpredictably in the context of the US applying tariff policies to many countries around the world, including Vietnam.

Therefore, the Ministry of Industry and Trade recommends that units ensure that production materials meet the requirements of importing countries, including quality, origin and traceability.

Besides, it supports member enterprises to expand and diversify their input material supply sources for export production, limiting dependence on one imported raw material market.

The Ministry of Industry and Trade requires strict control of input materials for export goods. (Illustration photo).

The Ministry of Industry and Trade requires strict control of input materials for export goods. (Illustration photo).

For export enterprises, proactively develop plans to adapt to the new international trade situation by seeking customers and partners from import markets with much room and potential for exploitation and development.

It is recommended that member businesses pay attention to ensuring the origin of input materials for production, meeting the requirements of importing countries on food hygiene and safety, traceability, and avoiding fraud of goods origin.

According to the Ministry of Industry and Trade, global trade is experiencing many unpredictable fluctuations, especially the US applying tariff policies to many countries, including Vietnam. On April 9, Mr. Trump wrote a notice to postpone reciprocal tariffs for countries that "do not retaliate", including Vietnam. The current reciprocal tariff rate is 10%, except for China.

Therefore, strict control of input materials is considered a proactive solution, ensuring harmony of interests between Vietnam and its partners without disrupting the production and business activities of domestic enterprises.

In response to the reciprocal tax developments proposed by the US President's administration, on April 12, Prime Minister Pham Minh Chinh signed Decision No. 753 on the establishment of a Government Negotiation Delegation on trade issues with the US, headed by Minister of Industry and Trade Nguyen Hong Dien.

The negotiating delegation has the following tasks: to preside over and coordinate with relevant ministries and branches to develop scenarios and negotiation plans with the US on reciprocal trade agreements, in the spirit of ensuring national and ethnic interests, harmonious benefits, and shared risks.

Ngoc Vy

Source: https://vtcnews.vn/bo-cong-thuong-yeu-cau-kiem-soat-chat-nguyen-lieu-dau-vao-hang-xuat-khau-ar937412.html


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