Sokfarm Company workers inspect the quality of coconut flower nectar meant for export to Japan and the Netherlands in November. (Photo: tuoitre.vn)
HCM City (VNS/VNA) - Vietnamese companies are marketing theiragricultural byproducts to the global vegetarian community, leading to a surgein their exports.
These products did not use to be in much demand but with the diversity of foodin the vegetarian community, people have started to look at how to use them intheir diets.
Nguyen Ngoc Lam, deputy director of the Tan Gia Thanh Import-Export Company,said when sugarcane and jackfruit could not be sold for reasonable pricesdomestically, his company had sold them and their byproducts in theinternational market.
Since then it has found exporting agricultural byproducts lucrative, he said.
It exports around 75 tonnes of unripe jackfruit to many countries including theUS, Russia and Singapore.
It has also exported 20 tonnes of young areca berries to the US and soon plansto enter the Japanese market.
Pham Dinh Ngai, director of the Sokfarm Company, said after exporting condensedcoconut nectar and coconut flower sugar to Japan and the Netherlands, thecompany has now created some new product lines like coconut flower soy sauceand coconut flower nectar vinegar to introduce to the Republic of Korea andEuropean markets.
“Coconut flower nectar is a good product for people who are on a diet becauseit has a low sugar level and is rich in minerals. Coconut has always been oneof Vietnam's most profitable trees and so the opportunities to develop productsfrom it are endless,” Ngai said.
Though demand for these products is rising this year, raw material supply isunreliable.
Lam said his company has been getting more orders for the byproducts, but itcould not meet them since raw materials are from small local farmers, whichmeans the quality is not consistent.
The government should direct provinces to create specialised farming areas forthese crops to prevent this, he added.
Dang Phuc Nguyen, general secretary of the Vietnam Fruits and VegetablesAssociation, said that agricultural byproducts are now being sought bycountries around the world, and Vietnam should take advantage of this.
“Companies need to upgrade their processing facilities and product quality tomeet the huge demand in many large markets such as Europe, the RoK and Japan,”Nguyen said./.
Vietnam's food businesses will likely have more opportunities to increase exports thanks to high world demand while leading agricultural-producing countries tend to curb exports.
The ARISE+ Vietnam project, funded by the EU, has coordinated with the Plant Protection Department under the Ministry of Agriculture and Rural Development to organise a training course for local plant protection officials.
The application of high-tech or organic practices to agricultural production may come with costs that are higher than conventional methods, but it will help save in the long run for pest control by improving product quality and bringing higher income.
As nearly one million tonnes of aquaculture waste are discarded annually, some firms have begun to seek ways to reclaim the waste and prevent it from posing a risk to the environment.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.