Vietnamplus

Investing in processing technology is important to diversify products and increase farm produce's added value and promote exports, experts have said.

The Vietnamese fish sauce industry needs to improve food hygiene and safety and diversify products to expand exports.

Given numerous difficulties predicted for fruit and vegetable sale both at home and abroad in 2022, Vietnamese businesses have been recommended to improve processing and expand their market right from the year’s beginning, the Nhan dan (People) daily reported.

Seafood processors and exporters need to invest in advanced technologies and expand markets to match orientation to restructuring the agro-fisheries sector in the direction of improving added value and sustainable development, said Dr. Dao Trong Hieu from the Ministry of Agriculture and Rural Development’s Agro Processing and Market Development Authority.

The volume of rice exported last month is estimated at 700,000 tonnes with a value of 362 million USD.

Exports of cassava and cassava-based products were estimated to be worth 443 million USD in the first four months of the year, a year on-year increase of 23.9 percent, according to the Agro Processing and Market Development Authority.

The southern province of Binh Phuoc, dubbed Vietnam’s “cashew capital”, is working towards boosting the popularity of its cashew nuts among global consumers, especially in demanding markets such as the US and the EU.

Vietnam’s pepper exports have shown signs of recovery, coming in at 45 million USD in September, a year-on-year surge of 22.2 percent.

Vietnam’s rice exports by mid-September had declined 0.8 percent in volume but still grown 11.8 percent in value compared to the same period last year.

Vietnam’s exports of fruits and vegetables to major markets like the US, the Republic of Korea (RoK) and Thailand have surged despite the COVID-19 pandemic worldwide.

Vietnam earned 1.71 billion USD from exporting nearly 3.5 million tonnes of rice in the first half of this year, up 17.9 percent in value and 4.4 percent in volume year-on-year.

Vietnam exported 107,000 tonnes of tea valued at 187 million USD during January-October, up 3.2 percent in volume and 14.3 percent in value year-on-year.

A conference was held inthe northern province of Hai Duong on October 26 to seek ways to help promote its farm produce processing and consumption.

Although ranking second in the world, Vietnam's coffee exports are plummeting.

The recent signing of the EU-Vietnam Free Trade Agreement (EVFTA), which is expected to take effect from early 2020, has opened the door wider for Vietnamese farm produce to make inroads into the more than 500-million people strong market.

Vietnam exported about 4.54 million tonnes of rice for nearly 2 billion USD in the first eight months of this year, up 0.3 percent in volume but down 14.9 percent in value from a year earlier, according to the Agro Processing and Market Development Authority (Agrotrade).

Vietnam’s agro-forestry and fishery processing industry has bright prospects in both export and domestic markets, but needs further measures to tap its potential, according to the Agro Processing and Market Development Authority.

Vietnam’s seafood export turnover in June reached 794 million USD, raising the total value for the first half of the year to nearly 4 billion USD, up 0.3 percent year on year, according to the Ministry of Agriculture and Rural Development’s Agro Processing and Market Development Authority (AgroTrade).

Vietnam’s vegetable and fruit export value hit 2.06 billion USD in the first six months of 2019, up 3.9 percent year-on-year, said the Agro Processing and Market Development Authority under the Ministry of Agriculture and Rural Development.

The aquatic export turnover was estimated at 3.2 billion USD in the first five months of 2019, a year-on-year decline of 1.7 percent.