Free trade deals facilitate fruit and vegetable exports: insiders
Free trade agreements are opening the doors for Vietnamese fruit and vegetable firms to increase export revenue this year, according to the Vietnam Fruit & Vegetables Association (VinaFruit).
Hanoi (VNA) – Free trade agreements are opening thedoors for Vietnamese fruit and vegetable firms to increase export revenue thisyear, according to the Vietnam Fruit& Vegetables Association (VinaFruit).
With the effectiveness of the UK-Vietnam Free TradeAgreement (UKVFTA), more than 94 percent of the 547 tax lines for vegetables,fruits and products from vegetables and fruits will have the tax rate of zeropercent.
There will be more market access advantages for manyproducts that are the strengths of Vietnam such as lychee, longan, rambutan,dragon fruit, pineapple and melon in the context of competitors such asBrazil, Thailand, Malaysia, which have no FTAs with the UK on tropical fruits.
Noting that requirements in quality, food safety, quarantineand origin are becoming higher in foreign markets, Nguyen Thanh Binh, VinaFruit Chairman, held that it is necessary to strengthen linkages in all stages fromproduction, processing, storage and selling to connections amonglocalities and regions, creating a sustainable and effective value chain.
He said that localities and businesses should focus onlarge-scale production and the application of high technology as well as goodproduction practices such as VietGAP and Global GAP, thus increasing theorganic percentage in farm produce and providing a large volume of high qualitymaterials for processing and exporting.
Meanwhile, authorised agencies should provide market information and helpenhance producers and businesses’ awareness to minimise problems and risks whenengaging in fruit and vegetable production and import activities, he said.
Statistics from the Ministry of Agriculture and RuralDevelopment showed that fruit and vegetable exports in the first four months ofthis year hit 1.35 billion USD, up 9.5 percent year on year.
China was the largest market of Vietnamese fruit andvegetable products in the first quarter of 2021 with 64.7 percent of the marketshare.
From the beginning of 2021, Vietnam has increased exports toother potential markets such as Egypt, Kuwait, Ukraine and Senegal.Particularly, fruit and vegetable export revenue to Ukraine rose 7 times inthe period, making it a promising market in this year and beyond./.
Vietnam expects to gain 8-10 billion USD from shipping fruits and vegetables abroad, with revenue of processed products accounting for at least 30 percent of the total by 2030.
The COVID-19 pandemic has rocked the global economy and created unprecedented trade uncertainty and challenges for all sectors, but from the crisis may come opportunity for Vietnam’s agricultural trade, experts have said.
Fruit and vegetable exporters should improve their processing technologies, especially in the post-harvest and packaging stages, to preserve their products longer and enhance their value, experts said.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
Processing dragon fruits for export (Photo: VNA) 
