Nguyen Dinh Tung, CEO of Vina T&T Import Export Service Trading Co. Ltd., stressed that tougher technical barriers in global markets are creating a level playing field, compelling exporters to prioritise quality and compliance.
Agro-forestry-fisheries exports in the first eight months of this year fetched a whopping 40.08 billion USD, while imports were 28.8 billion USD. This resulted in a trade surplus of 11.8 billion USD, a surge of 68.4% over the same period last year, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam’s exports have gained tens of billions of USD each year from free trade agreements (FTAs) that Vietnam is a signatory, the Ministry of Industry and Trade (MoIT) revealed.
Vietnam’s agro-forestry-aquatic product exports raked in 24.59 billion USD in the first six months of 2023, down 11.1% year on year while the country's imports reached 19.96 billion USD, resulting in a trade surplus of 4.63 billion USD, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam’s export turnover of fruits and vegetables hit 1.77 billion USD in the first five months of 2021, a year-on-year increase of 18 percent, according to the Ministry of Agriculture and Rural Development.
Vietnam expects to gain 8-10 billion USD from shipping fruits and vegetables abroad, with revenue of processed products accounting for at least 30 percent of the total by 2030.
A virtual conference on trading in fruits and vegetables between Vietnam and the Netherlands was held on September 29 to match Vietnamese suppliers and potential Dutch importers, wholesalers and retailers.
Vietnam exported 390 million USD worth of fruits and vegetables in April, representing a month-on-month rise of 7.9 percent, but down 15.6 percent against the same period last year.
The export value of fruit and vegetables in the January-November period saw a slight decrease of 0.6 percent year on year to 3.5 billion USD, according to the Ministry of Agriculture and Rural Development.
Since early 2018, Hanoi’s consumers have been able to scan quick response (QR) codes to trace the origins of agricultural products sold at supermarkets and convenience store, however, the impact of this change has been limited because producers find the system difficult to apply and consumers do not fully trust the codes' authenticity.
Officials of the Vietnamese Ministry of Agriculture and Rural Development (MARD) had a working session with representatives of the Chinese General Administration of Customs in Hanoi on June 18, discussing measures to boost bilateral trade of farm produce.
Export revenues of agro-forestry-fishery products in April is estimated to hit 3.5 billion USD, pushing the figure in the first four months of this year to 12.4 billion USD, equivalent to the figure recorded in the same period last year, reported the Ministry of Agriculture and Rural Development.
The Mekong Delta province of Tien Giang exported more than 10,000 tonnes of fruits and vegetables for more than 17 million USD in 2018, higher than that in the previous years in both volume and value.
With their high demand for agricultural products, the Republic of Korea and Japan offer opportunities for Vietnam to boost export of farm produce, especially fruits and vegetables, Do Quoc Hung, Deputy Director General of the Asia-Africa Market Department, has said.
An Giang province has seen impressive hikes in exports of agricultural products and clothing in January, according to Vo Nguyen Nam, Director of the provincial Department of Industry and Trade.
