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Vietnam had exported 4.83 million tons of rice by the end of July, amassing US$2.6 billion in revenue.

The move could further cement Vietnam's growing presence in the global food supply chain.

The development of export-standard rice areas plays a vital role in maintaining food security and enhancing the competitiveness of Hanoi's rice products.

El Niño has resulted in increasing rice imports from Vietnam, enabling the country to reap US$2.32 billion in the first half.

The seedless lychee fruit is currently only available for sale in Hanoi and Ho Chi Minh City.

MSMEs in Vietnam are poised to reap significant benefits from the rapid growth of the e-commerce sector.

The Southeast Asian country holds tremendous potential to be a global trading hub.

Fruit and vegetable processors are urged to adopt advanced technologies to improve export value.

Building high-tech agricultural models, integrating production chains, connecting regions, and establishing processing facilities for export are all necessary for agricultural production in Hanoi.

In line with the direction of sustainable development and meeting international requirements for circular economy, the regional linkage strategy between Ho Chi Minh City and other provinces and cities aims at green exports.

Hanoi recorded exports of US$5.3 billion in the first four months of 2023.

Vietnam ranks third in semiconductor exports to the US in Asia, behind Malaysia and Taiwan.

The plan's implementation seeks to capitalize on Hanoi's import-export advantages and promote the city's socioeconomic development toward green growth and rapid and sustainable progress.

Vietnam's exports peaked in 2020, accounting for 82% of the country's total GDP.

"Green goals" require huge investments, which will be a challenge not only for Vietnam but also for Europe.

In 2023, Vietnam's fruit and vegetable exports to China are estimated to rise by 20-30% to US$4 billion.