HCMCity (VNS/VNA) - More and more agriculture and aquaculturebusinesses are setting up their own farms rather than rely on imports for rawmaterials.
THGroup has for instance been building a hi-tech dairy cow farm and milkprocessing plant in An Giang province since the end of February. Whencompleted, it will be the largest closed-loop dairy cow farming project in theMekong Delta with around 10,000 cows.
Otherdairy companies too have been investing in farms, boosting raw milk productionby 12.9 per cent last year to 1.1 million tonnes.
THis also developing a hi-tech co-operative model to work with dairy farminghouseholds in An Giang.
Fruitprocessing businesses are working with farmers to ensure regular supply andsatisfy foreign markets' requirements with respect to origin. Farmers havetheir fruits bought at high prices. Vina T&T, for instance, isbuying star apples at 40,000 VND (1.73 USD) per kilogramme, doublingthe market price.
TrungAn Hi-tech Agriculture JSC is working with farmers in Kien Giang province and CanTho city to grow 1,400 hectares of organic rice, guaranteeing them much higherprices than the market.
PhamThai Binh, general director of the company, told NguoiLao Dong (Labourers) newspaper that the most important factor forsuccessful co-operation is guaranteeing farmers’ incomes.
PhamNgoc Hoang, General Director of Hoang Ha Commerce and ProductionCompany Ltd, said small farming households account for a large part of Vietnam’sagriculture, but export markets demand consistent quality and absence of chemicalresidues.
Businessesneed to work with farmers to buy raw materials, but there should be policies toensure certain crops are not overly farmed, which will keep output undercontrol and ensure businesses collaborate with farmers, he added.
Thefirst two months of 2021 saw exports of agriculture, forestry and aquacultureproducts rise by 16.6 percent year-on-year to 6.17 billion USD.
Exportsof agriculture, forestry and aquaculture last year were worth 41.2 billion USD,partly due to the development of specialised farming areas that allowlarge-scale production and traceability of origin./.
Exports of many Vietnamese farm produce have yielded low profits despite leading the world in terms of outputs because most of them being raw materials.
Vietnamese companies, many of whom are facing a shortage of feedstock and raw materials as a result of the new coronavirus (COVID-19) outbreak in China, have started looking at alternative sources.
A shortage of raw materials remained an obstacle that needed to be removed if Vietnamese textiles and garment enterprises want to seize export opportunities in the European Union (EU) under the EU-Vietnam Free Trade Agreement (EVFTA), according to experts.
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.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Illustrative photo (Source: nld.com.vn) 
