Vietnamese farm produce seeks to reach further in global market

Improving quality is an urgent and long-term solution to help Vietnamese farm produce make inroads into global markets, according to Minister of Agriculture and Rural Development Nguyen Xuan Cuong.
Vietnamese farm produce seeks to reach further in global market ảnh 1The agricultural sector was able to maintain growth thanks to increases in the export of fruit and vegetable, aquatic products, and forestry products. (Illustrative image. Source: VNA)

Hanoi (VNA)
– Improving quality is anurgent and long-term solution to help Vietnamese farm produce make inroads intoglobal markets, according to Minister of Agriculture and Rural DevelopmentNguyen Xuan Cuong.

He emphasized that quality improvement should beconducted in all industries, particularly in the context of arising technicalbarriers in many import countries and unexpected changes in world trade.

He added that the ministry is negotiating toopen more export markets while maintaining traditional ones and limitingdependence on certain markets.

The ministry is also optimising opportunitiesfrom free trade agreements and focusing on market development forecasts,especially in key markets such as Europe, Japan and China, he added.

According to director of the ministry’s AgroProcessing and Market Development Authority (AgroTrade) Nguyen Quoc Toan, theexport turnover of the main agricultural products including rice, coffee andcassava fell 5.6 percent year-on-year to 5.2 billion USD in the first fourmonths of 2019.

However, the agricultural sector was able tomaintain growth thanks to increases in the export of fruit and vegetable (up7.03 percent year on year in January-April to more than 1.4 billion USD), aquaticproducts (up 2.4 percent to 2.48 billion USD), forestry products (up 17.8percent to 3.2 billion USD).

Toan said exports of agro-forestry-fisheryproducts in the next few months are forecast to see more positive changes, butdifficulties and challenges lie ahead, such as stricter technical barriers fromimport markets and global trade volatility.-VNA
VNA

See more

Real estate bonds issued from June-December are expected to be worth about 79.77 trillion VND. (Photo: chinhphu.vn)

Real estate bond market rebounds in May

May also witnessed a significant volume of early redemptions. Businesses repurchased bonds worth about 15.86 trillion VND before maturity - an increase of 6.7 % compared to the same period in 2024.

Domestic fuel prices adjusted upward from 3pm on June 12. (Photo: VNA)

Fuel prices continue upward trend on June 12

The price of E5 RON92 petrol is now capped at 19,462 VND (0.75 USD) per litre, up 199 VND from the previous adjustment, while RON95-III costs no more than 19,967 VND per litre, up 269 VND.

Minister of Industry and Trade Nguyen Hong Dien (R) meets with Senator Roger Marshall. (Photo: VNA)

Vietnam ready to further open market for US exports: Minister

Regarding the ongoing negotiations on a Reciprocal Trade Agreement between the two countries, he emphasised that Vietnam remains consistent in its approach to the talks with the US, aiming for a bilateral agreement based on respect for sovereignty, independence, political system, harmonisation and balance of interests, as well as in line with international commitments and the development level of each country.

Vietnam’s auto sales near 30,000 units in May (Illustrative photo: VNA)

Vietnam’s auto sales near 30,000 units in May

Of the vehicles sold, there were 20,014 passenger cars, 8,983 commercial units, and 213 special-purpose vehicles. While passenger car sales dipped 3.6% from the previous month, commercial vehicles surged 4% and specialised ones climbed 6%.

PM Pham Minh Chinh visits the French National Railway Company (SNCF) in Paris on June 11. (Photo: VNA)

PM urges France to share expertise in railway development

Visiting the SNCF, Prime Minister Pham Minh Chinh and his entourage learnt about the company's models, approaches, and experiences in investing in, constructing, and operating railway projects in many countries, particularly high-speed rail systems.