Foreign investors are considering relocating their production bases out of China, and many of them are heading for Vietnam.

The Ministry of Industry and Trade (MOIT), in an effort to rescue Vietnam’s farm produce, has decided to organize online trade between Vietnamese sellers and Chinese businesses.

International manufacturers are seeking component suppliers in Vietnam, considering Vietnam as an alternative market in the context of Covid-19 escalation.

In order to export $42 billion worth of products as planned, exports to China need to grow by 10 percent and to ASEAN by 9 percent to offset the decline in exports to the US and EU.

Some countries have temporarily closed shopping centers and asked people to stay at home to prevent the spread of coronavirus, which has affected exports of Vietnamese enterprises.

Catfish exports to China dropped by half in the first two months of the year in comparison with the same period last year, resulting in a 32 percent decrease in total export turnover for the entire seafood industry.

Signs of Vietnamese farm export recovery have appeared as the Chinese market has begun importing products again.

The Covid-19 crisis, which has paralyzed many factories in China, offers an opportunity for Vietnam’s processed food to penetrate the 1.4 billion consumer market.

In mid-March, when Chinese factories began resuming operation, material supplies to Vietnamese textile and garment enterprises were restored.

Some retailers have reportedto the Ministry of Industry and Trade (MOIT) that there is no more farm produce to rescue. But farmers still complain that their farm produce remains unsalable.

Vietnam's reliance on Chinese materials has been clearly exposed during the Covid-2019 crisis, as imports from China have declined.

Exporters of agricultural products, especially dragon fruit, must improve quality and focus on the domestic and new export markets and reduce their dependence on the Chinese market amid the current epidemic outbreak, experts have said.

Problems have arisen in the first days of the Year of the Rat: the sale of farm produce to China has declined because of the coronavirus.

Vietnam needs to learn from experiences from other regiolnal countries and take appropriate measures to protect domestic production, experts say.

Vietnam expects to see spectacular export growth rate in 2019 despite influences from the US-China trade war, but the government has decided to maintain the same export target for 2020.

Vietnamese dairy products have been officially allowed into the Chinese market, according to a recent statement by the General Administration of Customs of China.

Analysts warn that Vietnam will have to struggle to implement the rice export plan this year because many key markets have tightened control over imports.

Coca-Cola's announcement that it will enter the dairy sector will increase pressure on Vietnamese producers.

Vietnam’s vegetables and fruits are finding it difficult to enter China, but the country continues to import Chinese products in large quantities.

Official reports all show that exports of farm produce have increased sharply since the beginning of the year, but the value is very low.