Vietnam exported over 280 million USD worth of fruit and vegetables in January, a year-on-year decline of 20.6 percent, according to the General Department of Vietnam Customs.
The fruit-veggie sector aims to gross 5 billion USD from exports in 2020 on the back of new-generation free trade agreements. (Illustrative image. Source: VNA)
Hanoi (VNA) – Vietnam exported over280 million USD worth of fruit and vegetables in January, a year-on-yeardecline of 20.6 percent, according to the General Department of Vietnam Customs.
The Import-Export Department of the Ministry ofIndustry and Trade said fruit and vegetables to China fell by more than 10percent in January against the same month last year.
The reduction was attributed to the temporaryclosure of border gates due to the outbreak of the acute respiratory diseasecaused by a novel coronavirus (COVID-19).
The ministry suggested the sector proactivelyshould adjust production activities and seek to boost exports to other marketssuch as the US, Europe, Japan and Australia.
The sector aims to gross 5 billion USD fromexports in 2020 on the back of new-generation free trade agreements,according to the Vietnam Fruit and Vegetable Association (VINAFRUIT).
With the EU – Vietnam Free Trade Agreement(EVFTA) expected to take effect this year, tariffs on Vietnamese fruit andvegetables will fall to zero, helping their value increase significantly.
Besides, the Comprehensive and ProgressiveAgreement for Trans-Pacific Partnership (CPTPP) will open new markets forVietnamese products.
According to Dang Phuc Nguyen, the association’sgeneral secretary, the target is achievable, especially because a large amountof fruit and vegetables are now being grown under VietGAP and Global GAP standardsto meet requirements of selective markets.
Last year, shipments of fruit and vegetableslagged behind expectations, reaching only 3.8 billion USD, a year-on-year slideof one percent.
The Ministry of Industry and Trade said that2019 was a really tough year for the sector. China, the country’s largestimporter, tightened requirements for imports from Vietnam via strict quarantinemeasures and origin traceability.
However, growth was seen in shipments to severalmarkets such as the Association of Southeast Asian Nations (26.6 percent), theUS (10.7 percent) and the European Union (32.2 percent)./.
Fruit and vegetables have surpassed traditional farm produce such as rice, rubber, tea, and cashew nuts to become a major foreign currency earner in the agricultural sector.
Vietnam earned some 321 million USD from fruit and vegetable exports in January 2018, rising by 36.9 percent from the same period last year, according to the MARD.
Exports of fruits and vegetables for the whole year are likely to reach 3.8 billion USD thanks to comprehensive measures taken by the agricultural sector, according to Nguyen Quoc Toan, Acting Director of the Department of Farm Produce Processing and Market Development under the Ministry of Agriculture and Rural Development.
Prime Minister Pham Minh Chinh had meetings with leaders from multinational corporations on June 25, advancing Vietnam’s infrastructure development as well as food processing sector, on the sideslines of the 16th Annual Meeting of the New Champions of the World Economic Forum (WEF) in Tianjin city.
According to UOB, following the US’s announcement of reciprocal tariffs of 46% on Vietnamese goods on April 2, around 80% of Vietnamese businesses have proactively taken measures to respond to potential impacts.
As one of the most prestigious annual international events in the industry, the expo serves as a prime platform for enterprises to connect, exchange valuable experience, and explore reliable collaboration opportunities with both domestic and international companies.
Organised by the Vietnamese Embassy and Trade Office, Vietnam's national booth showcases catalogues and product samples from over 30 Vietnamese companies, spanning key sectors such as agriculture, seafood, food and beverages, footwear, textiles, furniture, plastics, construction materials, and industrial machinery.
The pangasius industry is one of the country’s key foreign currency earners, with an annual export value of around 2 billion USD, accounting for 20% of Vietnam’s total seafood exports. The US remains one of the largest and most strategic markets for Vietnamese pangasius.
A Government Office notice on the Deputy PM’s conclusions at a recent meeting to review construction progress of the plants stressed that accelerating the development of power sources is essential and urgent to ensure energy security and meet the demands of two-digit socio-economic growth in the coming period.
It featured four discussions on key issues such as the Vietnam- Switzerland comprehensive partnership, Vietnam’s international financial centre, digital transformation and innovation, and global human resources and expansion of markets.
With rising protectionist policies for the steel industry, and the US imposing tariffs on steel exports, the sector has entered a challenging period. In response, many industry giants are returning to the domestic market.
As the most significant and high-profile event in the global logistics industry, FIATA World Congress 2025 is expected to gather over 1,200 delegates from more than 150 countries.
According to the State Bank of Vietnam (SBV), in the interbank market, the trend of decreasing overnight interest rates has continued, starting at 3.13% in the first session of last week and gradually decreasing over the sessions to 1.67% at the last session of the week. In total, overnight interest rates decreased by 1.46 percentage points within one week.
Huynh Tan Khanh, Secretary of the Party Committee of Ganh Hao, noted that the town strictly follows anti-IUU fishing directives and has partnered with local agencies to organise six awareness campaigns attended by nearly 500 fishermen. Some 130 boat owners and captains have also signed commitments to follow legal requirements and avoid entering foreign waters.
ChatGPT is not yet a threat to the real estate market as it can handle information quickly and effectively, but it’s here to support, not replace, human advisors.
As Vietnam moves forward, ESG, innovation and digital transformation will change the way businesses grow and how they are evaluated. This journey can’t rely on policy alone. It needs strong leadership, the right technology and, most importantly, skilled people who are ready to build a greener, more competitive economy.
Prime Minister Pham Minh Chinh affirmed that science, technology, innovation, digital transformation, green transition, and circular economy are offering limitless opportunities for bilateral collaboration.
The fruit-veggie sector aims to gross 5 billion USD from exports in 2020 on the back of new-generation free trade agreements. (Illustrative image. Source: VNA) 
