Vietnamese fruit exporters warned about 13 UAE companies
Vietnamese fruit exporters warned about 13 UAE companies
Trade Counsellor of the Viet Nam Embassy to the United Arab Emirates (UAE) has warned Vietnamese fruit export firms not to have transactions with 13 import companies in the UAE.
These import companies have been reported for swindling, several of which were sued in court for not paying money to exporters, according to the trade counsellor in a notice published on the website of the Ministry of Industry and Trade on Thursday.
In July 2016, the trade counsellor warned about several ways of swindling and trade frauds by the UAE fruit import companies.
The lack of understanding about the UAE market, culture, trading modes and consumer habit caused a lot of difficulties and implied significant risks for Vietnamese firms when exporting to Dubai.
Viet Nam’s fruit and vegetable exports to the UAE grew from US$14.2 million in 2014 to $16.2 million in 2015 and $22.8 million in 2016.
