Vietnam’s vegetable export to surpass 1 bln USD by 2030

Vietnam’s vegetable export revenue is forecast to reach about 1-1.5 billion USD by 2030 under a project recently approved by the Ministry of Agriculture and Rural Development.
Vietnam’s vegetable export to surpass 1 bln USD by 2030 ảnh 1Illustrative image (Photo: VNA)

Hanoi (VNA) – Vietnam’s vegetable export revenue is forecast to reachabout 1-1.5 billion USD by 2030 under a project recently approved by theMinistry of Agriculture and Rural Development.

Thenationwide vegetable production is estimatedat 23-24 million tonnes, with around 1-1.3 million tonnes designated forprocessing.

Under the project, safe andconcentrated vegetable growing areas with clear origin will be developed inorder to meet domestic and export demand, contributing to national foodsecurity, food safety and hygiene, and improving community health.

By 2030, the national vegetable cultivation is projected tocover an area of some 1.2-1.3 million hectares. The area dedicated to safe and concentratedvegetable production will be around 360,000-400,000 ha, roughly 50,000-60,000of which will be for processed vegetables, including various types of tomato,cucumber, chilli, potatoe, and leafy greens.

Provinces and centrally-run cities must draw investments inagriculture and rural areas and step up the formation of integrated productionchains for vegetables, starting from cultivation zones to processing and consumption.

Vietnam’s vegetable export to surpass 1 bln USD by 2030 ảnh 2Harvesting vegetables at a cooperative in Hanoi's Gia Lam district (Photo: VNA)


Regardingthe domestic market, the focus is on continuing to assist enterprises,cooperatives and households in building brands for safe vegetables. Thisinvolves linking these brands with cultivation zone codes and geographicalindications. Distribution channels for safe vegetables will be diversified withthe establishment of trading platforms, supply-demand connectivity,exhibitions, and trade promotion activities. 

For exports, the strategy involves maintaining existingtraditional markets for while actively expanding into new ones. Proactivenegotiation to eliminate trade barriers is crucial, thus making it easier forVietnamese vegetable products to be widely consumed in the global market./.

VNA

See more

Illustrative image (Photo: tapchitaichinh.vn)

SMEs urged to embrace ESG to unlock green finance

According to the International Finance Corporation’s 2023 Country Climate and Development Report, businesses with clear ESG strategies attract 20–25% more investment than those without ESG strategies.

Farmers in Thoai Son district, An Giang province, harvest the 2025 Winter-Spring rice crop. (Photo: VNA)

A new symbol of responsible production

Vietnamese agricultural products clearing strict technical and quality barriers to reach Japanese dining tables is no longer a rare feat. However, the recent export of 500 tonnes of Japonica rice by Trung An High-Tech Farming JSC in partnership with Japan’s Murase Group carries special significance.

The US dollar at Vietnamese commercial banks has so far this year increased by about 2.6-3% against the dong. (Photo: VNA)

Dollar appreciates in domestic market due to surge in foreign debt repayment

The State Bank of Vietnam (SBV)’s central exchange rate this week even set a new peak, surpassing 25,000 VND per dollar for the first time. The dollar selling price at commercial banks has also remained close to the ceiling, indicating that pressure on the USD/VND exchange rate has not decreased.

From left to right: US Secretary of Commerce Howard Lutnick, Vietnamese Minister of Industry and Trade Nguyen Hong Dien and Ambassador Jamieson Greer, US Trade Representative. (Photo: VNA)

Vietnam, US conclude third round of bilateral trade talks

The two sides also agreed to convene an online working-level meeting in the coming days to continue resolving outstanding issues and prepare for a virtual ministerial dialogue between Vietnamese Minister of Industry and Trade Nguyen Hong Dien and US Secretary of Commerce Howard Lutnick.

Export hub model opens new pathways for Vietnamese goods in Canada (Photo: VNA)

Model helps boost Vietnamese exports to Canada

In 2024, two-way trade between Vietnam and Canada reached over 11 billion USD, with Vietnam enjoying a trade surplus of nearly 10 billion USD. A key contributor to this success has been Vietnamese-Canadian businesses, notably Renso Foods.

The “Ting Ting Day” Festival opens on June 14 in HCM City (Photo: VNA)

Cashless payment festival launched in HCM City

As of 2024, Vietnam had recorded over 204.5 million bank accounts held by individual customers and 154.1 million bank cards in circulation. Nearly 87% of Vietnamese adults now have bank accounts.