Vietnam signed a free agreement with the European Union**AgreementThere are high hopes because it means that the market of more than 10 trillion US dollars will open its doors to Vietnam. However, the reality disappointed Vietnam, because the EU market is worth more than 10 trillion dollars, and Vietnam received only "sesame seeds". According to VietnamEconomyAccording to the report, the total value of imports and exports of goods in the 27 member states of the European Union exceeds 10 trillion US dollars per year, but 70% of this occurs within the EU, and only 30% of the value goes to other countries. And in this 30% of the ** amount, Vietnam can only account for 17% share. This means that the vast majority of the best opportunities are occupied by other countries, and for Vietnam, a great market opportunity is lost.
The dilemma faced by Vietnamese businesses is caused by a number of factors. First of all, the quality of goods and services provided by Vietnamese enterprises does not meet EU standards, which makes it difficult for them to gain a foothold in the EU market. Secondly, the scale of Vietnamese enterprises is relatively small, the technological innovation ability is insufficient, the capital advantage is not obvious, and the grasp of market information is limited. These factors make it difficult for Vietnamese companies to compete in the EU market. In addition, the cost of transporting goods sold to the EU market has increased after the war between Russia and Ukraine, which has further reduced the competitiveness of Vietnamese enterprises.
For Vietnam, the opening of the EU market is not reciprocal. Although the EU has granted Vietnam the "privilege" of freedom**, Vietnamese businesses face many restrictions. The EU market places high demands on Vietnamese companies, especially in the field of environmental protection. For goods that meet the standards of "carbon neutrality and carbon peaking", it is difficult for Vietnamese enterprises to meet the requirements. In contrast, the goods produced by EU companies can not only meet the requirements of the Vietnamese market, but also exceed Vietnamese standards, which makes EU companies more competitive in the Vietnamese market.
In addition, it is relatively difficult to enter the EU market, and Vietnamese companies do not choose this market as a priority. The EU market has strict requirements for the quality and standards of goods, and imported goods are subject to strict review and inspection. These procedures can be time-consuming and effort-consuming, putting high cost pressures on Vietnamese businesses. As a result, Vietnamese companies tend to prefer other markets over the EU market.
GloballyEconomyIn the context of a complex geopolitical situation, Vietnam is facing both challenges and opportunities. While Vietnam is disappointed by not being able to fully access the EU market, this is also a cautionary tale. Vietnam needs to recognize the reality, strengthen the technological innovation capacity of enterprises, and improve the quality of goods and services to meet the needsInternationalThe demand of the market. At the same time, Vietnam also needs to actively seek cooperation with other developed countries to expand diversified channels and reduce its dependence on a single market.
In the era of globalization, no country can achieve it aloneEconomyProsperity and development. Only through cooperation and mutual benefit can the interests of both parties be maximized. Vietnam needs to build closer cooperation with other countries while developing itself to meet the global needs togetherEconomychallenges and opportunities.
The challenges and opportunities facing Vietnam are not only a national problem for Vietnam, but also a common phenomenon in the process of globalization. GloballyEconomyUnder the trend of integration, the cooperation between countries is getting closer and closer. However, this also brings new problems and challenges.
It is not easy for developing countries to gain access to market opportunities in developed countries. Developed countries often rely on more advanced technology and high-quality goods, occupiedInternationalMarket dominance. At the same time, the markets of developed countries also have higher requirements for goods and services, as well as stricter requirements for environmental and social responsibility. This puts a lot of pressure on businesses in developing countries.
However, I believe that Vietnam has great potential and room for development. Vietnam has a young and hard-working workforce with relatively low costs and a strategic location. VietnameseEconomyIt is growing rapidly and gradually developing into an emerging market. As long as Vietnam can strengthen its investment in technology and innovation, improve the quality and competitiveness of goods and services, and actively expand diversified channels, I believe that VietnamEconomyThe outlook will be even moreBright
In short, in globalization andEconomyIn the process of integration, no country can be left alone. Vietnam needs to remain calm and sober in the face of challenges, recognize its strengths and weaknesses, and actively cooperate with other countries to jointly create a more prosperous and sustainable future.