New regulations to boost OCOP goods between now and 2025
A point of sale for OCOP products in Hanoi. (Photo: VNA)
The Ministry of Industry and Trade (MoIT) has introduced regulations for the sales of products under the One Commune One Product (OCOP) programme.The new criteria will be in place for the next three years, from 2023 to 2025.
Under the new regulations, OCOP goods showcased in showrooms must achieve a minimum of three stars or higher based on the criteria for evaluating and classifying OCOP products promulgated by the Prime Minister.
Additionally, products must be the province's key, typical agricultural or industrial products or specialties that characterise the region's advantages, as determined by the MoIT.
The OCOP showrooms will be located in areas with dense traffic, such as airports, stations, highway rest areas, commercial centres, supermarkets, markets, tourist attractions, restaurants, hotels, craft villages, industrial zones, clusters, exhibition and product introduction centres and postal offices.
The new regulations aim to ensure that OCOP products meet market demands, satisfy customers' preferences, comply with legal requirements, and protect environmental and consumer health safety.
In March, the Government introduced a new set of criteria to rate OCOP products, replacing the old criteria that had been in place since 2019, which had started to show shortcomings after four years.
By the end of 2022, Vietnam had 8,689 OCOP products, with 65.5% of the products rated three-star, 33.6% rated four-star, and a small percentage rated five-star potential or five-star.
OCOP products are known for their perse and environmentally friendly designs and packaging, which meet the market's demands and promote sustainable development.
The programme has also helped to increase production scale and revenue for local communities, as well as promote the development of specialty raw material areas, rural industries and the preservation of traditional craft villages.
Moreover, the OCOP programme has significantly promoted livelihood development in remote and ethnic minority areas, especially for women./.
Related News
Latest News
It is necessary to build a national database on cross-border trade and transport
15:23 | 29/03/2024 Regulations
Removing difficulties in tax exemption and refund policies for export processing enterprises
14:48 | 27/03/2024 Regulations
Reviewing the list of scrap that is temporarily suspended from temporary import and re-export business
15:41 | 24/03/2024 Regulations
New law expected to boost financial leasing
14:05 | 22/03/2024 Regulations
More News
5% VAT on fertilisers to create fairer market: domestic producers
14:03 | 22/03/2024 Regulations
Why not reduce export tax on fertilizer products to 0%?
09:37 | 21/03/2024 Regulations
Ho Chi Minh City Customs proposed to reduce VAT
09:54 | 20/03/2024 Regulations
Limiting the "power" of major shareholders under the Law on Credit Institutions (amended)
13:52 | 15/03/2024 Regulations
VCCI proposes zero tax rate to be maintained for exported services
15:59 | 13/03/2024 Regulations
Ministry of Finance anwser voters about on-spot imports and exports
09:41 | 13/03/2024 Regulations
Customs instructs C/O submission for imported cane sugar products
09:38 | 13/03/2024 Regulations
SBV drafts regulations on a testing mechanism for Fintech
09:52 | 11/03/2024 Regulations
Finance sector abolishes 40 administrative procedures
09:23 | 10/03/2024 Regulations
Your care
It is necessary to build a national database on cross-border trade and transport
15:23 | 29/03/2024 Regulations
Removing difficulties in tax exemption and refund policies for export processing enterprises
14:48 | 27/03/2024 Regulations
Reviewing the list of scrap that is temporarily suspended from temporary import and re-export business
15:41 | 24/03/2024 Regulations
New law expected to boost financial leasing
14:05 | 22/03/2024 Regulations
5% VAT on fertilisers to create fairer market: domestic producers
14:03 | 22/03/2024 Regulations