National Export Development Strategy for the Vietnamese Cooperatives Sector

The Project at A Glance

Over the past three decades, Vietnam has witnessed incredible growth. Viet Nam has risen from one of the poorest nations in the world to Lower Middle-Income Country status, lifting tens of millions out of poverty, cut infant mortality in half, and increased life expectancy by almost 7 years, and increasing per capita GDP tenfold since reforms started in the early 2000s.

Evaluating the industry’s export potential, International Economics Consulting Ltd. (IEC) developed a cooperative sector export strategy. The strategy addresses both the national and grass-roots level which have remained challenges for export development.

The project implemented within the Expert Deployment Mechanism for Trade and Development (EDM) Programme funded by Global Affairs Canada, which provides technical assistance to Official Development Assistance eligible countries to maximise the development impacts of trade and investment.

What We Found

With 4% of the country’s GDP coming from cooperative activities, they play a pivotal role for rural economic development and inclusive growth. However, the cooperatives have benefited less than other sectors of the economy from increased trade and export market opening through trade agreements.

Our Team developed a cooperative sector export strategic plan, based on an evaluation of the sector’s export potential, which assisted in gradually addressing the difficulties the cooperative economic sector in Viet Nam was facing. This strategy helped address the issues that were holding back the capability of cooperatives that could maintain and develop production which were in competition with other economic sectors in the country and gradually but firmly participate in the global market.

Our Strategy and Impact

Many cooperatives’ agricultural products have been produced according to the national standards of VietGAP and have been granted collective trademark certificates, the production has also been modernised through the application of technology and organic production methods. However, many of these achievements are at the domestic level, while the gains for cooperatives at the global level have been relatively modest compared to other sectors of the economy.

To enhance the position and value of the cooperative’s products, besides intensifying efforts on the domestic market, Vietnamese cooperatives need to increasingly expand their reach to export markets. The cooperative sector export strategy addresses both the national and grass-roots level challenges of export development through a national roadmap for export development, including recommended policies, programmes and services that should be established by the Vietnamese Cooperation Alliance and the Government of Viet Nam. Our Team has developed a business-friendly guide on how to identify the opportunities for exporting to new markets, including the steps needed for exporting. The practical tools and train the trainer approach of our delivery means that the benefits of the project can be amplified throughout the country.

Our Core Solutions

As businesses seek to expand operations into new markets, the need to explore global supply chains and understand the international regulatory framework becomes crucial. At International Economics Consulting, we build tailor-made strategies for both import and export-oriented business solutions.

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