Vietnam gained a year on year increase of 41 percent from export value of vegetable and fruit to 526 million USD in the first three months of this year.
Vietnam expected to make 2 billion USD in vegetable and fruit exports this year (Source: VNA)
Hanoi (VNA) - Vietnam gaineღd a year on year increase of 41 percent from export value of vegetable and fruit to 526 million USD in the first three months of this year.
According to the Ministry of Agriculture and Rural Development (MARD), Vietnamese vegetable and fruit products have made forays into some tough markets that include Japan, the Republic of Korea and the United States.
However, China remained the largest exporter of Vietnamese vegetable and fruit products, accounting for 71 percent of the total vegetables and fruits, because this market does not need very high quality products as the other markets.
In the first two months of this year, China imported 236 million USD worth of vegetables and fruit from Vietnam.
The ministry said Vietnam has still had numerous challenges in finding more export markets to reduce the dependence on China’s markets, reported Tuoi tre (Youth) newspaper.
According to the Vietnam Gardening Association, Australia has permitted Vietnam to export litchi while New Zealand has considered importing some kinds of Vietnamese rambutan.
The domestic farming industry has implemented the necessary procedures and solved difficulties to export some kinds of fruits such as star apple, longan, litchi, rambutan and dragon fruit to Asian markets, including South Korea and Taiwan, the association said.
In 2015, Vietnam had the first exports of fruit to the US, including 3 million tonnes of litchi and 100 tonnes of longan, Tin tức newspaper reported quoting the association.
Vietnam expected to make 2 billion USD in vegetable and fruit exports this year because the nation can enter further three more tough markets, including Japan, the European Union and the US.
The ministry said the importer countries have two technical barriers including food safety and plant quarantine so only if Vietnam’s vegetable and fruit products meet standards of food safety and plant quarantine, can they enter the global market.
Last year, Vietnam’s vegetable and fruit export value reached 1.8 billion USD, 23.7 percent higher than 2014, becoming one of top five farming export products in Vietnam, including rice, coffee, cashew nut and rubber.
Vietnamese vegetable and fruit products have been exported to 40 countries and territories. Of these, 10 major export markets include mainland China, Japan, the US, and Russia, in addition to China, the RoK, Indonesia, and the Netherlands. The other countries are Thailand and Singapore.-VNA
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Vietnam’s fruit and vegetable exports will continue to enjoy good growth this year, according to the Vietnam Fruit and Vegetables Association (Vinafruit).
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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.
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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.
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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.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
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With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
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The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
Vietnam expected to make 2 billion USD in vegetable and fruit exports this year (Source: VNA)
