Ministry seeks to sell farm produce in face of nCoV outbreak
The Ministry of Agriculture and Rural Development held a conference in Hanoi on February 3 to seek ways to promote the trade and production of farm produce, given the complicated development of the acute respiratory disease caused by the novel coronavirus (nCoV) which originated in China’s Wuhan in late December 2019.
Hanoi (VNA) – The Ministry ofAgriculture and Rural Development held a conference in Hanoi on February 3 toseek ways to promote the trade and production of farm produce, given thecomplicated development of the acute respiratory disease caused by the novelcoronavirus (nCoV) which originated in China’s Wuhan in late December 2019.
Minister Nguyen Xuan Cuong said the nCoVoutbreak has been hurting all economic industries, especially agriculture,because China is a major market of Vietnamese farm produce, making up 22-24percent of the sector’s total export turnover.
He urged relevant agencies and localities tobuild scenarios with specific groups of solutions to deal with the outbreak for1-2 months or even 1-2 quarters.
According to Deputy Minister of Agriculture andRural Development Tran Thanh Nam, the nCoV outbreak will negatively impact the Vietnam-Chinatrade of agro-forestry-fishery products.
The limited transportation, especially thesuspension of flights from and to China, will hinder the transaction andworking between the two sides’ businesses and management agencies, he said.
To deal with the situation, the ministry hasdirected the Plant Protection Department and the Department of Animal Health tocoordinate with relevant forces in border areas to intensify the quarantine ofanimals and plants, prevent the H5N1 bird flu outbreak, and ban the import ofwildlife animal into Vietnam.
The Department of Farm Produce Processing andMarket Development will have to proactively work with trade agencies ofVietnamese embassies in countries worldwide to diversify markets foragricultural products.
Specifically, the ministry will lead a business delegationto visit Dubai on February 15 to expand the Middle East market. They will latervisit the US from February 22 and Brazil in March, while expanding the marketto Japan in March, Russia in June, Australia and New Zealand in July, theRepublic of Korea in August, Europe in the second quarter of 2020, and Indonesiaand Myanmar in the third quarter of this year.
In case the nCoV outbreak lasts for months, theministry will coordinate with businesses and localities to promote sales offarm produce at supermarkets./.
Ministries need to analyse the impact of coronavirus on both international and domestic markets, then deliver short-term and long-term solutions, Minister of Industry and Trade Tran Tuan Anh said on January 31.
Vietnam Airlines is resuming flights between Vietnam and Hong Kong, Macau and Taiwan (China) as from February 2 after the civil aviation authority permitted the resumption to repatriate affected passengers amid the novel coronavirus (nCoV) epidemic.
A drill on preventing the acute respiratory disease casued by a new coronavirus (nCoV) was held at the Hue Central Hospital in Phong Dien district, the central province of Thua Thien-Hue on February 2.
Vietnam confirmed the eighth case of infection by the new coronavirus from China’s Wuhan city, known as 2019-nCoV, on February 3, according to the Ministry of Health.
Prime Minister Nguyen Xuan Phuc has emphasised the need to reduce mass gatherings as Vietnam is ramping up efforts to cope with the threat of the novel coronavirus (nCoV).
The tourism sector of Vietnam is actively taking measures to contribute to curbing the spread of the novel coronavirus (2019-nCoV) and limiting the impact of the virus, the Vietnam National Administration of Tourism (VNAT) has affirmed.
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.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.