Vietnam eyes 2 billion USD in cassava exports by 2030
Vietnam targets cassava exports at around 1.8 - 2 billion USD by 2030 under a project on sustainably developing the product approved recently by the Ministry of Agriculture and Rural Development.
Hanoi (VNA) – Vietnam targets cassava exports at around 1.8 - 2 billion USD by2030 under a project on sustainably developing the product approved recently by the Ministry of Agriculture and Rural Development.
Accordingly, the country strives for 11.5 - 12.5 million tonnes of the fresh roots by 2030, 85% of which will be deeply processed. Around 50% of the totalfarming area will apply a sustainable farming process.
By 2030, there will be five key regions for cassava development,namely the northern midlands and mountainous region with an area of100,000 - 105,000 ha and fresh cassava output of 1.8 - 2 million tonnes, thenorth-central region 50,000 - 55,000 ha and 1.1 - 1.2 million tonnes, thesouth-central coast region 85,000 - 90,000 ha and 2.1 - 2.3 million tonnes, theCentral Highlands 150,000 - 160,000 ha and 3.5 - 3.7 million tonnes, and the southeasternregion 90,000 - 95,000 ha and 3.1 - 3.3 million tonnes.
By 2050, about 70 - 80% of the farming area will a apply sustainablefarming process, and over 90% of the fresh root output will undergodeep processing. Vietnam expects to gain about 2.3 - 2.5 billion USD fromexporting cassava.
Last year, cassava exports reached 1.3 billion USD.
Statistics of the General Department of Customs showed that Vietnam exported944.93 tonnes of cassava and its products in the first quarter of thisyear, worth 430.44 million USD, representing a rise of 15.6% in value over thesame period last year.
Notably, China was the largest importer of the root from Vietnam as itpurchased 94.2% of the latter's total cassava export volume and 92% of theexport value./.
Vietnam gained growth in the export of cassava chips and cassava-made products in 2020 despite the COVID-19 pandemic, according to the Department of Agricultural Product Processing and Market Development.
The Vietnam Cassava Association has proposed the Government does not implement a recent decision on value-added tax (VAT) refunds for cassava starch products as it will create difficulties for the cassava industry.
Laos’ total trade value in February was estimated at 962 million USD (excluding electricity export), according to Lao Ministry of Industry and Commerce.
Thailand's exports of cassava and cassava products are estimated at 9 million tonnes this year, down from 11 million tonnes last year due to reduced output caused by drought, according to the Foreign Trade Department under the Ministry of Commerce.
Cassava recorded the strongest export growth rate in January, as Vietnam shipped 76,118 tonnes abroad, earning 19.9 million USD, up 369.6% month-on-month in volume and 340.8% in value, according to the General Department of Vietnam Customs.
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.
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.
Illustrative photo (Photo: vneconomy.vn) 
