Vietnamese enterprises shift towards deep processing to increase exports
According to trade experts, Vietnam is ranked as the world's 20th largest exporter in the world and among the world's top exporters of various products such as rice, coffee, cashews, and garment-textiles.
Hanoi (VNA)🐈 – Vietnamese enterprises are making a strong transition to enhance product value and conquer international markets, moving away from exporting fresh or minimally processed products.
According to trade experts, Vietnam is ranked as the world's 20th largest exporter in the world and among the world's top exporters of various products such as rice, coffee, cashews, and garment-textiles.
However, Vietnam’s exports still face limitations, with the biggest one being unsustainability.
Although export turnover is high, the added value is not substantial as exports focus more on quantity rather than quality and efficiency.
Additionally, the market structure is overly concentrated on a few key markets and some key products.
Moreover, exported products often lack high technological content due to an inability to leverage competitive advantages, science and technology.
Exports still rely heavily on labour and natural resources, which poses environmental risks.
These limitations result in significant export turnover but a lack of sustainable development.
For this reason, Vietnam has developed an export strategy to 2030, aiming for sustainable export development.
Workers process tra fish for export. (Photo: VNA)
Specifically, the strategy sets goals to increase export added value based on innovation, science and technology, labour productivity, and environmental protection in conjunction with green, clean, and circular production that adapts to climate change.
It also emphasises market diversification and product diversification.
This is an important impetus for enterprises to continue their efforts in deep processing and increasing export value.
For items like grapefruit and coconut, which often have over 30% post-harvest non-compliance due to size, shape, or colour, some enterprises have started processing them into canned coconut water, grapefruit juice, or grapefruit kombucha.
Additionally, some companies are leveraging their flour production facilities to process ultra-thin rice cakes from cassava, successfully penetrating not only the domestic market but also exporting to the Republic of Korea, Japan, Australia, and the US.
Thanks to deep processing, the Vietnamese cassava industry aims for export turnover of about 2.3 - 2.5 billion USD by 2050.
General Director of the Tien Thinh Group JSC To Thai Thanh said that processed agricultural products from Vietnam, such as fruit juices, fresh fruits, dried fruits, and canned goods, are increasingly welcomed by consumers in the US and Europe.
Therefore, enterprises constantly enhance processing technology, improve packaging designs, and apply international certifications such as HACCP, GlobalGAP, and FDA, which help build trust for Vietnamese processed agricultural products in international markets.
Similarly, General Director of the Phuc Tien Agricultural Products JSC Trinh Ngoc Minh said that the company has increased investment in freezing systems, enhanced processing, and diversified products, allowing them to secure export contracts to Europe and Asia.
Minh said deep processing enables enterprises to create products that reach distant and broad markets, ensuring storage and higher yields.
Furthermore, deep processing allows factories to better manage their supply chains due to longer preservation times, gradually alleviating pressure on quick sales and dependence on export markets while ensuring efficient raw material consumption during harvest seasons.
According to the Vietnam Association of Seafood Processing and Exporting (VASEP), at international seafood exhibitions in the US and EU, value-added processed products have garnered significant interest from customers, particularly through blends of various ingredients that are highly rated after tasting.
Deep-processed products align with current consumer trends, catering to busy individuals with limited cooking time while also providing better profits for enterprises.
Nguyen Thi Hoang Thuy, Vietanmese Trade Counselor in Sweden and Nordic countries, said that Vietnamese enterprises exporting to the EU need to invest in deep processing technology and develop differentiated products to enhance export value and reduce the risk of being suspected of dumping./.
ProPak Vietnam 2025 will bring breakthrough solutions that help businesses optimise production lines, enhance processing and packaging efficiency, and aim for sustainable development, she said, adding that the Vietnamese packaging sector plays a crucial role in protecting, transporting, and distributing goods efficiently.
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.
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.