Vegetable and fruit exports expected to hit $4 billion this year
Fruit and vegetable processors are urged to adopt advanced technologies to improve export value.
Fruit and vegetable processors are urged to adopt advanced technologies to improve export value.
In 2023, Vietnam's fruit and vegetable exports to China are estimated to rise by 20-30% to US$4 billion.
The market will remain favorable for Vietnam's rice exports through the first quarter of 2023.
The country has posted a trade surplus of nearly $11 billion.
VinFast, the car-making arm of Vietnam's private conglomerate Vingroup, today shipped 999 electric units to the US.
Vietnam is on track to export 7.2-7.3 million tons of rice in 2022, the second-highest export volume in the country's history.
A diversified network of free trade agreements (FTAs) that Vietnam is a part of serves as a significant boost for the country's exports.
The city's agriculture sector is building basic standards for processed agricultural, forestry, and fishery products in an attempt to improve quality and food safety.
Local companies could further improve their utilization rate of the trade agreement to gain a larger share of the EU market.
Vietnam’s rice remains favorite in the international market despite fierce competition.
Local firms have no other alternative but to opt for higher product quality to ensure sustainable exports to the EU market.
There has been progressing in Vietnam’s rice export as it has matched the national strategy for the diversification of rice export markets.
The US Department of Agriculture (USDA) noted the market is fond of fragrant rice from Vietnam, including the ST25, one of the world's best rice varieties.
Such a performance has been a highlight of Vietnam’s exports in the five-month period, accounting for 8.55% of total turnover.
Higher competitiveness and product quality are essential for Vietnam products to penetrate markets with high standards for imports.
Rising global demand for food is offering opportunities for Vietnam’s farm exports this year.
Seafood currently makes up 18% of Vietnam’s total exports of agro-forestry-fishery products, with the US being the largest buyer for 23% of the total market share.