Cassava exports set to earn 1.5 bln USD this year

Vietnam is expected to export 1.5 billion USD of cassava in 2015, said the Ministry of Agriculture and Rural Development.
Cassava exports set to earn 1.5 bln USD this year ảnh 1Cassava exports set to earn 1.5 bln USD this year. (Photo: VNA)

Hanoi (VNA) – Vietnam is expected to export 1.5 billion USD of cassava in 2015, said the Ministry of Agriculture and Rural Development.

The country shipped 3.42 million tonnes of cassava abroad in the first 10 months of the year, making 1.09 billion USD. This is year-on-year increases of 22.6 percent in volume and 19.1 percent in value.

China is currently Vietnam’s largest importer. It purchased 89.1 percent of Vietnamese cassava exports during the period, up 37.1 percent in volume and 33.03 percent in value. Other buyers include Japan, the Republic of Korea, the Middle East and Malaysia.

The ministry said it believed that cassava exports will expand further if the country gains access to overseas markets other than China.

The cassava industry is planning to head to the US and the EU. It aims to earn 2 billion USD from exports by 2020.

According to the Vietnam Cassava Association, Vietnam plants nearly 600,000 hectares of cassava annually at an average yield of 17.63 tonnes per hectare.

Southern Tay Ninh province ranks first in terms of average yield and second in cultivation area.-VNA

VNA

See more

Representatives from industry associations share insights on Vietnam’s market trends. (Photo: VNA)

Vietnam, Thailand boost industrial trade exchange

Trade between Vietnam and Thailand reached 20.18 billion USD in 2024, up 6.4% year-on-year. Thailand remained Vietnam’s top ASEAN trade partner, accounting for 24% of its total trade with the bloc.

Representatives from Lao and Vietnamese agencies at the signing ceremony. (Photo: VNA)

Vietnam, Laos strengthen energy cooperation

A 1,200 MW wind power plant in Nong district, Laos’ Savannakhet province is expected to export 1,526 kWh to Vietnam annually once its first phase completes by the end of 2027, and additionally 1,112 million kWh per year after its second phase becomes operational in 2030./

A view of the Hanoi skyline. While rental properties continue to be in demand, there has also been a notable rise in the number of foreigners looking to buy houses. (Photo: VNA)

Housing demand from foreigners in Hanoi rises

Over several years, Hanoi has increasingly become an attractive destination for foreign workers, with approximately 10,000 new foreign workers are granted licences to work in the city each year.

A high-tech corn, sorghum and grass farm in Nghe An province (Photo: VNA)

Realising circular economy to achieve sustainable development goals

Developing a circular economy has been recognised as one of the priority directions to achieve overarching goals such as waste management, efficient resources utilisation, environmental protection, disaster prevention, and climate change adaptation in the country's next development phase.