Many Vietnamese firms want to boost exports of agricultural products to China via official channels to gain higher value and avoid risks from unofficial cross-border trade, but face a number of difficulties in seeking to bring their trade above-board.
Exports of fruits and vegetables for the whole year are likely to reach 3.8 billion USD thanks to comprehensive measures taken by the agricultural sector, according to Nguyen Quoc Toan, Acting Director of the Department of Farm Produce Processing and Market Development under the Ministry of Agriculture and Rural Development.
Vietnam has a diverse and well-developed agricultural and food industry that offers vast opportunities to companies in the food industry, from sourcing to processing, a Hong Kong speaker said at a forum held on September 19 in HCM City.
Vietnam has exported its fruits to high-standard markets in recent years, such as the US, the European Union and Japan, but increasing export volume is not an easy task.
Vietnam’s exports of fruits and vegetables hit 3.34 billion USD as by December 15, a surge of 45 percent year on year, surpassing 2016’s revenue of 2.457 billion USD.
Exports of fruits and vegetables in October are estimated to reach 209 million USD, raising total export value of the products to 2.84 billion USD in the first 10 months of this year, up 41.2 percent over the same period of 2016.
Exports of fruits and vegetables in the first nine months of the year are estimated at 2.64 billion USD, a year-on-year surge of 44.2 percent, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam’s Ministry of Agriculture and Rural Development and Australia’s Department of Agriculture and Water Resources convened the first high-level dialogue on agricultural policies on November 22.
Fruit and vegetable exports are likely to achieve the Government's target of 1.65 billion USD this year, according to the Ministry of Industry and Trade.
Vietnam is expected to earn 1 billion US dollars from fruit and
vegetable exports this year. The goal was set during a congress of the
Vietnamese Fruits and Vegetables Association in Ho Chi Minh City on
May 7.
Vietnam exported 302 million USD worth of vegetables and fruits in
the first six months of the year, up 32.5 percent against the same
period last year, according to the General Statistics Office.
Vietnam earned 213 million USD from exports of fruit and vegetables in
the first four months of this year, a year-on-year rise of 44.1
percent, according to the Ministry of Industry and Trade (MoIT).
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