Hanoi (VNA) – Agriculture businessesshould embrace connection in order to participate in global value chains, hearda forum held in Hanoi on October 8.
Nguyen Quoc Toan, director of the agriculturalproducts processing and development department under the Ministry ofAgriculture and Rural Development, said as of September 2019, the countrycounted 1,478 value chains of agricultural products across 63 cities andprovinces nationwide.
There are 14,810 agricultural cooperatives andover 7,000 agro-forestry-fishery processing facilities, he said, adding thatmore than 25,500 households have joined production chains with businessescertified with Vietnamese Good Agricultural Practices (VietGAP) while over619,000 households engaged in large-scale field production.
Vietnam is exporting farm produce to 185countries and territories, ranking second in the Southeast Asian region and15th in the world. The country has also joined and signed 16 new-generationfree trade agreements (FTAs), thus creating more opportunities for the exportof agricultural products, Toan said.
In the first nine months of 2019, Vietnamexported 30.2 billion USD worth of farm produce, a year-on-year rise of 2.7percent, he added.
Deputy Minister of Agriculture and RuralDevelopment Ha Cong Tuan said the number of agriculture businesses in Vietnamhas increased rapidly in the past three years.
About 500 enterprises are involved in agriculturalvalue chains from production, harvesting, and processing to trading, headded./.
The recent signing of the EU-Vietnam Free Trade Agreement (EVFTA), which is expected to take effect from early 2020, has opened the door wider for Vietnamese farm produce to make inroads into the more than 500-million people strong market.
The 2019 International Agriculture Trade Fair (AgroViet) and an aquatic product fair will be held in Hanoi in coming weeks, heard a press conference hosted by the Ministry of Agriculture and Rural Development (MARD) on September 17.
Up to 70 percent of Japanese businesses want to expand investment in Vietnam, especially in agriculture, a recent survey conducted by the Japan External Trade Organisation (JETRO) showed.
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.