Vegetable and fruit exports plunged 9.6 percent year-on-year to 508 million USD in the first two months of 2022 due to a sharp decrease in shipments to China, according to the General Department of Vietnam Customs.
Hanoi (VNA) – Vegetable and fruit exports plunged9.6 percent year-on-year to 508 million USD in the first two months of 2022 dueto a sharp decrease in shipments to China, according to the General Departmentof Vietnam Customs.
Shipments to China, the Vietnam’s largest vegetable and fruitimporters for years, fell nearly 26 percent year-on-year to worth 261 millionUSD in January-February as a result of the neighbouring country’s stricter ruleson imported food, causing severe backlogs at shared borders in the north.
However, Vietnamese vegetables and fruits enjoyed strong growthin other major markets, such as the US (79 percent), the Republic of Korea (32percent), Japan (12 percent), Australia (45.7 percent), and the Netherlands(51.5 percent).
Many Vietnamese exporters are turning their eyes to EUmarkets where their products are entitled to the zero-percent tax rate from theEU-Vietnam Free Trade Agreement (EVFTA) and the markets are seeing increasingdemand for tropical vegetables and fruits.
Nguyen Dinh Tung, Vina T&T Group CEO, said his company hasbeen boosting exports of fresh and processed vegetables and fruits to the EU.The firm has come into contact with a large supermarket chain in France which looksfor regular supply overseas.
It provides more opportunities for the group to enter and expandits foothold in France as well as other EU nations, he said.
Last year, Vietnam exported 3.55 billion USD worth ofvegetables and fruits, up 8.6 percent from a year earlier. Of the figure, 1.9billion USD came from shipments to China, an increase of 3 percent./.
Vietnam’s export turnover of fruits and vegetables hit 1.77 billion USD in the first five months of 2021, a year-on-year increase of 18 percent, according to the Ministry of Agriculture and Rural Development.
Vietnam’s export-import revenue in the first quarter of this year was estimated at 176.35 billion USD, up 14.37 percent year-on-year, of which 88.58 billion USD was from exports, a rise of 12.9 percent.
Vietnam’s agro-forestry-aquatic product export and import turnover was estimated at 22.6 billion USD in the first quarter of this year, up 6.3 percent compared to the same period last year, according to the Ministry of Agriculture and Rural Development (MARD).
The export of aquatic products recorded strong growth last month although the Russia-Ukraine crisis has disrupted shipments to the two European countries since late February and caused spikes in shipping costs and input expenses, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Turkey is currently the second largest buyer of Vietnamese goods in Western Asia, but enterprises still need to overcome many barriers and improve themselves increase shipments to this market, experts have said.
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.
Illustrative photo. (Source: VNA)
