The ministries of Agriculture and Rural Development, and Industry and Trade co-hosted a seminar on February 18 to discuss ways to further promote the export of farm produce to foreign markets.
Hanoi (VNA) – The ministries of Agriculture and Rural Development, ﷽and Industry and Trade co-hosted a seminar in Hanoi on February 18 to discuss ways to further promote the export of farm produce to foreign markets.
2016 is forecast to be a promising year for the export of agro-forestry-aquaculture products due to increasing demands in the global market and because Vietnamese businesses will have the opportunity to enjoy tax incentives from free trade agreements signed between the country and its partners.
The US market is said to be the most promising and stable market for Vietnam’s exports in recent years, with commodities as wood and wood-based products, aquatic products, and other farm produce such as cashews, pepper and coffee doing well.
According to Le Van Banh, head of the Department of Processing and Trading Agricultural, Forestry, Aquatic Products and Salt said it is necessary to enhance trade promotion in foreign markets, and further improve the quality of products to meeting strict food safety regulations.
Sharing the view, Vietnamese trade counsellor in Australia Nguyen Thi Hoang Thuy noted that Australia is also a potential market for Vietnam’s exports, but it applies stringent regulations on food safety.
Regarding market expansion for Vietnamese fruit, deputy head of the Plant Protection Department Hoang Trung said Vietnam has completed negotiations to sell fruit to various markets such as the US, Japan and Taiwan (China).
Trade counsellors in foreign countries should give more assistance to domestic companies to hasten exports to the markets, he suggested.
According to Vietnamese trade counsellor in Egypt Pham The Cuong, this country is seen as an auspicious export market for Vietnam’s agro-aquaculture products as it always faces water shortages, which is vital to agricultural production. However, almost no trade promotion activity by Vietnam is currently carried out in the country.
Deputy Minister of Agriculture and Rural Development Tran Thanh Nam asked trade counsellors keep domestic enterprises updated on information related to market forecasts and regulations on trade barriers, to support them in their exports.
Nam also hoped for a closer cooperation between the two ministries to continue expanding markets for Vietnam’s agro-forestry-aquaculture products, effectively exploiting traditional markets like ASEAN and the EU, and focusing on potential ones in the Middle East and Africa.-VNA
The Ministry of Agriculture and Rural Development and the Vietnam Co-operative Alliance have announced policy plans to support farming co-operatives by making them more competitive.
Deputy Ministry of Industry and Trade Do Thang Hai called for closer coordination between relevant agencies to improve the efficiency of the National Trade Promotion Programme in 2016
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.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
Illustrative image (Source: VNA)
