The Dong Xuan - Phu Yen cassava starch processing factory in central Quang Ngai province (Photo: VNA)
The country exported 3.05 million tonnes of cassava, worth 951 million USD, in the first eight months of the year.
This amounts to 26 percent and 29 percent year-on-year increases in terms of quantity and value, respectively.
Statistics from the Ministry of Agriculture and Rural Development showed that China was still the largest cassava importer, accounting for 89 percent of the total exports, posting a year-on-year increase of 53 percent and 46 percent in quantity and value, respectively.
However, the volume of exports to Japan and Taiwan (China) grew 10 times and 64 times, respectively, posting the highest level of growth.
Nghiem Minh Tien, Vice-Chairman of the Vietnam Cassava Association, told Hai Quan (Customs) newspaper that the average export price of cassava remained about 420 USD to 430 USD per tonne and was relatively stable. In the past few years, Vietnam's cassava exports faced fierce competition from Thailand as that country provided subsidies to the product. However, that policy was scrapped as Thailand's baht was devalued against US dollar, making Vietnam's cassava again competitive.
He said 80 percent of the country's total cassava exports this year would be shipped to China, adding that too much dependence on the market has been the shortcoming of the sector.
In addition, low productivity will also make the sector less competitive. The cassava sector has an average productivity of 17.6 tonnes per ha, which needs to be increased to 25 tonnes per ha.
Businesses should link the areas cultivating the raw material to production to increase productivity, Tien said.
Vietnamese cassava is exported to several markets such as Japan, the Republic of Korea, the Middle East and Malaysia.
In the future, Vietnam plans to head to the United States and the European Union.
The vice-chairman said the export potential of cassava was large and the sector aimed for an export turnover of 2 billion USD by 2020.
The association has cooperated with the Ministry of Science and Technology to build quality standards for cassava cultivation. The standards will follow the criteria of the Food and Agriculture Organisation (FAO) to penetrate strict and demanding markets.
He said the economy has integrated deeply with the world market through free trade agreements that could help the sector as tariffs would not be a barrier.
The association has implemented trade promotion activities to reduce dependence on the Chinese market.
They will cooperate with the Vietnam Chamber of Commerce and Industry to organise an international conference in October to introduce Vietnamese cassava products.-VNA
The Vietnam Cassava Association (VCA) organised a conference in southern Tay Ninh province to seek to reap higher output for cassava, which is viewed as one of the staples helping eliminate hunger in the country.
The Ministry of Finance on August 3 proposed that the Prime Minister temporarily stop collecting export tariffs levied at five percent on tapioca chips since the business was facing difficulties.
Expanding cassava cultivation will increase jobs and generate higher incomes for farmers, thus contributing to socio-economic development, the Minister of Agriculture and Rural Development, Cao Duc Phat, said.
The export value of agricultural, aquatic and forestry products is currently estimated at 14.42 billion USD for the first half of the year, which marks a decrease of 2.8 percent compared to the same period last year, according to the Ministry of Agriculture and Rural Development.
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.
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 Dong Xuan - Phu Yen cassava starch processing factory in central Quang Ngai province (Photo: VNA)
