Agro-forestry-fishery exports generate over 33 billion USD
The agro-forestry-fishery sector raked in 3.6 billion USD from exports in October, raising the total export revenue in 10 months to 33.18 billion, rising 1.6 percent from the same time last year.
Hanoi (VNA) – The agro-forestry-fishery sector raked in 3.6 billionUSD from exports in October, raising the total export revenue in 10 months to33.18 billion, rising 1.6 percent from the same time last year.
According to the Ministry of Agriculture and Rural Development (MARD), forestryproducts were the best performers in the period as they brought home 9.04billion USD, up 18.8 percent year on year and accounting for 27.2 percent ofthe total volume shipped abroad.
Strong growth was seen in the export of rubber (up 5.6 percent), tea (14.3percent), cinnamon (32 percent), and rattan (40.6 percent).
In stark contrast, shipments of key agricultural products dwindled 7.4 percentto 15.25 billion USD, and those of seafood dropped 2.4 percent to 7.06 billionUSD.
The ministry said a strong decrease in export price of several agriculturalproducts like cashew, pepper, rice and coffee was the main factor leading tothe fall in the revenue in the period.
Vietnam sold 2.3 billion USD worth of fruits and vegetables in the 10-monthperiod, decreasing 1.3 percent from the same time last year. Most of theexports were destined to China where authorities have tightened regulations onchemical residue, food safety, and package material requirements.
China remained the largest importer of Vietnamese agricultural products as itmade up 26.8 percent of the market share, followed by the US (21.7 percent),the EU (11.9 percent) and ASEAN (10.3 percent).
The MARD has forecast shipments of farm produce will face tough seas in thecoming time, sparked by global trade slowdown and increasing trade barriersfrom the Chinese market.
The ministry will keep close watch on market development, and give detailedevaluation on Chinese policies on official exports and temporary imports forre-export at border gates.
Besides working with competent ministries and sectors to acceleratenegotiations so as to stabilise traditional markets while seeking potentialones, the ministry will support local businesses to take full advantage of thesigned free trade deals./.
Vietnam exported 30.02 billion USD worth of agro-forestry-fishery products in the first nine months of 2019, a year-on-year rise of 2.7 percent, according to the Ministry of Agriculture and Rural Development.
Opportunities created by free trade agreements (FTAs) for Vietnamese farm produce to access big markets in the world were explored at the 4th national farmers’ forum in Hanoi on October 11.
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.
Dragon fruits packaged for export
