New opportunities for banana exports to China: Minister
The Protocol recently signed by the Vietnamese Ministry of Agriculture and Rural Development (MARD) and the General Administration of Customs China (GACC) will bring opportunities and benefits to Vietnamese banana growers and exporters, said MARD Minister Le Minh Hoan.
Packaging bananas for export in Ba Ria-Vung Tau. (Photo: VNA)
Hanoi (VNA) – The Protocol recently signed by the VietnameseMinistry of Agriculture and Rural Development (MARD) and the General Administrationof Customs China (GACC) will bring opportunities and benefits to Vietnamesebanana growers and exporters, said MARD Minister Le Minh Hoan.
Accordingly, theProtocol on plant quarantine for Vietnamese fresh bananas exported to China is one of the 13 agreements inked by the Vietnamese and Chinese ministries,agencies and localities during Party General Secretary Nguyen Phu Trong’s visitto China from October 30 to November 1.
Hoan said the Protocolwill ensure the official export of bananas at stable prices, facilitate customsclearance at border gates to ease overload of farm produce and banana productsthere while improving the prestige of Vietnamese bananas.
Under the document, allbanana farming areas and packaging facilities for export to China must beapproved by both the MARD and the GACC. Banana farms must follow Good AgriculturalPractices (GAP) standards while packaging facilities are required to build a origintracing system to ensure food safety standards before export to China.
Vietnamese freshbananas will be exported via all Chinese border gates approved by the GACC,Hoan said.
He added that the MARDwill raise awareness of farmers and packaging facilities about requirements inthe Protocol.
As of 2019, Vietnam was home to 129,550ha of bananas, nearly35,300ha of which was in the Mekong Delta with an output of over 478,800tonnes.
♊ Over 430,000 tonnes ofVietnamese bananas under quarantine were shipped to China in 2020.The volume increased to 574,000 tonnes in 2021 and 591,000 tonnes in the first ninemonths of this year./.
Vietnam was up the sixth largest supplier of bananas to the Republic of Korea (RoK) during the first five months of the year, according to the Korea International Trade Association (KITA)
The Department of Agriculture and Rural Development of Ca Mau province will popularise Vietnamese good agricultural practices (VietGAP) and organic standards in order to increase the value and yield of its bananas.
Japan imported more than 1,500 tonnes of bananas from Vietnam worth JPY166 million (US$1.3 million), a year-on-year rise of 38.5% in volume and 30.2% in value, reports Japan Customs.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
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.