European UnionThe market is open to Vietnam, bringing infinite expectations to the rising Southeast Asian country. However, the reality has disappointed Vietnam, which can only pick up a small "sesame seed" in this huge market. This article will **Vietnam inEuropean UnionChallenges and dilemmas faced after the opening of the market, and analysis of the causes and impacts.
Four years ago, Vietnam withEuropean UnionSigned Freedom**Agreement, opening up a market worth more than $10 trillion for Vietnam. Vietnam was expecting this, but reality brought them disappointment. According to VietnamEconomy** data, thoughEuropean UnionThe total value of imports and exports in the market is more than 10 trillion US dollars, but 70% of this is happeningEuropean Unionbetween countries. Of the remaining 30% of the market, Vietnam occupies only 17% share, far behind China, the United States and other countries. This made the Vietnamese ** feel a lot of emotion, they originally thought that they could eat a large piece of meat in this huge market, but they could only pick up a "sesame seed".
Vietnamese for freedom**AgreementThe signing was full of anticipation and longing. They believeEuropean UnionThe opening of the market will be for VietnamEconomyDevelopment and exports create opportunities. However, the reality is not always as one would like. AlthoughEuropean UnionThe size of the market is huge, but Vietnamese companies are facing huge competitive pressure and many challenges in this market. European UnionThe largest exchanges between countries occupy the vast majority of the market share, and Vietnam can only get a piece of this huge market. This is quite a disappointment for Vietnam's ** and businesses.
Vietnamese enterprises are inEuropean UnionThere are a series of constraints and difficulties encountered in the market, which make it difficult for them to gain a larger share of this market. First of all, the quality of goods and services of Vietnamese enterprises is often unattainableEuropean Unionrequirements. Especially after the introduction of environmental protection standards such as carbon neutrality and carbon peaking, Vietnamese enterprises are facing higher requirements and challenges. In comparison,European UnionThe goods produced by the enterprise not only meet the standards of Vietnam, but also exceed them. This makes it possible for Vietnamese businesses to enterEuropean UnionThe market is subject to scrutiny and competition.
EnterEuropean UnionMarkets are not easy, especially for businesses in developing countries. Vietnamese companies are enteringEuropean UnionIn the market, there are many constraints and problems. One of the important issues is the quality of products and services of Vietnamese enterprises. European UnionThe environmental requirements and quality standards for products are very strict, and there is still a certain gap between Vietnamese enterprises in this regard. Especially after the introduction of environmental standards such as carbon neutrality and carbon peaking, Vietnamese enterprises need to increase investment and improve production processes to meet the requirementsEuropean Unionrequirements. In comparison,European UnionThe products produced by the company have met the standards of the Vietnamese market, or even better. This makes Vietnamese businesses in the field of cooperationEuropean UnionEnterprises are in a relatively weak position in the competition, and it is difficult to occupy an advantage in the market.
In addition to technical and quality limitations, Vietnamese businesses also face other challenges and dilemmas. First of all, the scale of Vietnamese enterprises is relatively small, and the technological and innovative capabilities are relatively lackingEuropean UnionThe capital advantage of enterprise competition. Secondly, Vietnamese enterprises have limitations in grasping market information and cannot fully understand itEuropean UnionDemands and trends in the market. Again, Vietnamese enterprises are inEuropean UnionThe transportation costs faced in the market are also higher, which reduces their competitiveness. In addition,European UnionThe barriers to entry into the market are relatively high, and Vietnamese companies prefer to choose other markets insteadEuropean UnionMarket.
The challenges and dilemmas faced by Vietnamese enterprises go far beyond the limitations of technology and quality. First of all, the relatively small size of Vietnamese businesses makes them compete with those who are hugeEuropean UnionEnterprises are at a disadvantage when they compete. At the same time, Vietnamese enterprises are relatively lacking in technological and innovative capabilities, which makes it impossible for them to provide high-quality and high-value-added products and services. In addition, Vietnamese businesses lack the same level as:European UnionBusinesses compete for capital advantages, which further limits their position inInternationalDevelopments in the market. Secondly, Vietnamese companies have limitations in grasping market information, and they often do not fully understand itEuropean UnionDemands and trends in the market. In terms of logistics, Vietnamese businesses are faced with high transportation costs, which makes it difficult for their products to compete with each otherEuropean UnionEnterprise competition. Finally,European UnionThe relatively high barriers to entry in the market have led some Vietnamese companies to choose to enter other markets firstEuropean UnionMarket.
InEuropean UnionAfter the market opened up, Vietnamese enterprises faced huge challenges and dilemmas. Despite the rightEuropean UnionThe opening up of the market has brought hope and opportunities, but it is still difficult for Vietnamese companies to make breakthroughs in this huge market. Technological and quality constraints, lack of enterprise size and capital advantages, and asymmetry of market information have all become constraints for VietnamEuropean UnionKey factors for the development of the market. In the face of these challenges, Vietnamese enterprises need to strengthen technological innovation, improve the quality of products and services, and actively understand and adaptEuropean UnionThe demand of the market. Only by actively responding to the challenges can Vietnamese enterprises be able to compete in globalizationEconomyAchieve greater breakthroughs in the environment and achieve sustainable development. In addition, Vietnam** also needs to provide policies and support that are more conducive to business developmentEuropean Unioncooperation and exchanges, to provide enterprises with better market access conditions and opportunities. It is only through these efforts that Vietnamese businesses will be able to gain a presence inEuropean UnionAchieve greater breakthroughs and developments in the market.