Veggie, fruit exporters seek new markets through EVFTA
The recent ratification of the European Union-Vietnam Free Trade Agreement (EVFTA) by the European Parliament (EP) is expected to help with the market expansion of Vietnamese farm produce, including fruits and vegetables, in the face of the coronavirus outbreak disease (COVID-19), according to insiders.
Hanoi (VNA) – The recentratification of the European Union-Vietnam Free Trade Agreement (EVFTA) by theEuropean Parliament (EP) is expected to help with the market expansion ofVietnamese farm produce, including fruits and vegetables, in the face of thecoronavirus outbreak disease (COVID-19), according to insiders.
China has always been one of the biggestimporters of Vietnamese agricultural produce. In 2019, Vietnam exported 3.74billion USD worth of fruits and vegetables, 65 percent of which went to China.
However, since the Lunar New Year, China hastemporarily closed its border gates due to the spread of the acute respiratorydisease caused by the novel coronavirus (COVID-19), causing difficulties forVietnamese exporters.
In that context, the ratification of the EVFTAby the EP on February 12 has significant meaning.
According to Vietnamese Minister of Industry andTrade Tran Tuan Anh, the EU is one of Vietnam’s most important trade partners.
Once the agreement takes effect, the EU willeliminate import duties on almost all tariff lines for Vietnam. This will be anexcellent chance for Vietnamese agricultural businesses to boost exports to themarket of over 500 million people, he said.
He advised businesses, especially small-andmedium-sized firms, to study opportunities and challenges when making inroadsinto the market, and strive to improve the quality and design of products, andensure rule of origin, technical standards, and food safety and hygiene./.
Fruit and vegetable exports in the first eight months of this year fell by 5.8 percent year on year to about 2.53 billion USD, according to the Agro Processing and Market Development Department (Agrotrade) under the Ministry of Agriculture and Rural Development.
Asia and Europe are important markets for Vietnamese fruits and vegetable exports and imports, and flowers could be next, experts said at a seminar on “Fruit, vegetable and flower exports - New movements in Asian and European markets” in Hanoi on October 24.
The veggie and fruit sector aims to gross 5 billion USD from exports this year on the back of new-generation free trade agreements, the Vietnam Fruit and Vegetable Association (VINAFRUIT) said.
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.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
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.
Dragon fruits for export (Photo: VNA) 
