Vietnam Congratulated: EU And US Did Not Take Restrictive Measures On Textiles And Clothing.

Chen Junying, Vietnam's Ministry of industry and trade, said in March 20th at the meeting of the steering committee of the new crown pneumonia epidemic prevention and Control Committee of the Ministry of industry and trade of Vietnam. At present, the EU and the US authorities have not taken any restrictive measures on textiles and clothing from Vietnam.

Chen Junying said that the European countries' "closed" measures led to the impact of the enterprises. The main reason was that the importers of the market were also affected by the epidemic. At present, the EU and the US authorities have not taken any restrictive measures on textiles and clothing from Vietnam. However, orders from the two main markets of the European Union and the United States are being postponed and cancelled, prompting Vietnamese authorities to immediately formulate solutions to help businesses reduce losses.

Xie Huangling, director of the European market division of the Ministry of industry and trade, said that after being announced by some partners in Europe and the United States to stop importing textiles and clothing from Vietnam, the Department has communicated with the European Union delegation in Vietnam and the US embassy in Vietnam.

The representative of the European Union delegation to Vietnam said that the EU's closing the border was just a quarantine measure to ensure the health and safety of the people. The EU's goods and services, especially food, medicine and other necessities continue to circulate normally, because the measures do not directly affect the import and export activities between Vietnam and the European Union.

Xie Huangling believes that this measure will only affect the journey of individuals and transport activities, while trade activities will not be restricted. However, from the economic point of view, the circulation speed of transportation, customs clearance, warehousing, loading and unloading, and sale will also lead to economic and trade activities and service activities.

On the other hand, the goods exported to the EU by the air force are the most serious ones, because Vietnam's maritime exports account for 30% of the total and 39% of the goods transported by air. Delays and reductions in flights may affect the circulation of goods.

Similarly, the representative of the US embassy in Vietnam said that the United States had not taken any measures to stop Vietnam's merchandise exports to the market.

However, Xie Huang Ling believes that, due to the impact of the new crown pneumonia epidemic, a series of retail systems in Europe and the United States are closed, so footwear and textiles and other non essentials will be affected.

Zhang Qinghuai, director of the Bureau of industry and commerce, believes that the import and Export Bureau needs to find new markets for the textile industry, especially after the epidemic is brought under control, to promote export activities of textiles, clothing and footwear to China, Korea and Japan.

Ruan Jinzhuang, deputy director of the import and Export Bureau, said that next week, the Department will work with enterprises to help resolve the difficulties.

The European Union and the United States are the two main export markets in Vietnam. In 2019, Vietnam's trade surplus with the EU market was nearly US $26 billion 600 million, of which billions of dollars were exported, including textiles, footwear, agricultural products, machinery and so on. In 2019, Vietnam exported nearly $15 billion to the US textile and clothing exports.

According to data from the General Administration of customs, despite the impact of the new crown pneumonia epidemic, exports of textiles and clothing to the US in the first two months of this year still amounted to about US $2 billion 300 million.