Vietnam joined two new-generation FTAs in 2018 and 2019, which were the Comprehensive and Progress Agreement on Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA).

At the 4th national farmers’ forum.

The two deals are expected to open up great opportunities for Vietnamese farm produce in 37 markets with a combined population of over 1 billion.

Deputy Minister of Industry and Trade Do Thang Hai emphasised the prospect of cooperation with new partners through the CPTPP such as Canada, Chile, Mexico and Peru, thanks to the application of 0% tariffs for most key farm exports of Vietnam immediately after the pact took effect or after just three to five years.

The EVFTA also gradually reduce import tariffs on Vietnam’s farm exports to 0% over a short course, with 99.7% of Vietnam’s agricultural exports eligible for the 0% tariff after seven years.

The tariff cut is particularly significant because the EU has been one of the top two export markets of Vietnam for consecutive years with bilateral trade reaching nearly US$56 billion in 2018, Deputy Minister Hai said.

Vietnam exported US$30.02 billion worth of agro-forestry-fishery products in the first nine months of 2019, a year-on-year rise of 2.7%.

Products with export turnover of more than US$2 billion include wood and timber products, coffee, rice, cashew nut, vegetables and fruit, and shrimp.

Bac Giang boosts farm produce trademark development towards clean agriculture

(BGO)- The northern province of Bac Giang is endowed with rich land, favourable terrain and climate to develop high-tech agriculture with many kinds of valuable farm produce. As defining it a strength of the local, Bac Giang province has provided a number of policies and schemes to support farmers and accelerate investment attraction in agriculture especially commodity products for export.

Quang Ninh approves 36 million USD hi-tech farming zone

The People’s Committee of northern Quang Ninh province has approved the establishment of a hi-tech farming zone, expected to cost 829 billion VND (35.7 million USD), in Dam Ha district.

Vinh Phuc to develop Vinh Son into snake farming-tourism site

The northern province of Vinh Phuc is working to sustainably build Vinh Son commune into a destination of concentrated snake farming and related tourism-services.

Vietnam aims to rank in top 15 organic farming countries

The Ministry of Agriculture and Rural Development is drafting a project titled "Organic Agriculture Development for the period of 2020-2030". Accordingly, Vietnam will rank in the world top 15.

Expanding intensive farming areas with enterprise involvement

(BGO)- In implementation of the Resolution No 401 dated 3 April 2019 of the provincial Standing Party Committee on agriculture development strategy of Bac Giang province until 2030 with a vision to 2035, Yen Dung district go on their own way to suit the local conditions. Particularly, they continue expanding the intensive farming areas with involvement of enterprises. 

Source: VNA