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Update news agricultural exports
In 2023, the agricultural sector will promote negotiation to open more foreign markets for local farming commodities, said Hoang Trung, director of the Plant Protection Department under the Ministry of Agriculture and Rural Development.
Vietnam has emerged as a major Southeast Asian supplier of farm produce and aquaculture products to the UK following the UK-Vietnam Free Trade Agreement (UKVFTA) they signed, speakers said at a conference on June 23.
Overcoming China and Cambodia, the US became the largest trading partner of Vietnam's agricultural industry in January-October 2021.
Vietnam and China has signed a memorandum of understanding on cooperation in agriculture and fruit sale, expected to facilitate farm produce trading amid difficulties caused by the COVID-19 pandemic.
Vegetables and fruits are considered a bright spot in the picture of Vietnam's agricultural exports in the first months of this year. Many forecasts show that this export sector will have many development opportunities.
In the first quarter, agricultural products such as rubber, tea, vegetables, cassava, shrimp and forestry products earned high export value, bringing total export turnover of agricultural products to nearly US$11 billion.
Though COVID-19 has hampered exports, the agricultural sector remains confident of achieving this year’s export target of more than US$41 billion.
The Embassy of Qatar has purchased four tonnes of watermelon to help farmers in Vietnam’s central region, said the embassy on February 10.
Under-Secretary of Agriculture for Trade and Foreign Agricultural Affairs Ted McKinney has led trade mission to Vietnam in an effort to boost agricultural exports from the US to the Southeast Asian nation.
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VietNamNet Bridge – The export turnover of agro-forestry and aquaculture products is expected to reach US$15.59 billion for the first seven months of this year, down 1.6 per cent year-on-year,