Talking to the media on the occasion of the recent 20th China-ASEAN Expo (CAEXPO) and China-ASEAN Business and Investment Summit (CABIS) in Nanning city, China's Guangxi province, Deputy Minister of Agriculture and Rural Development Phung Duc Tien said Vietnam will continue to negotiate with China on protocols for imports and exports, especially watermelon, frozen durian, chili, medicinal herbs and citrus fruits.

Trucks carrying Vietnamese fruits to China.

If these issues are taken care of, bilateral trade will be favourable and the exponential growth rate will continue, stated Tien.

According to the Ministry of Agriculture and Rural Development, Vietnam earned 3.45 billion USD from exporting vegetables and fruits in the first eight months of 2023, up 57.5% year-on-year.

Currently, China remains Vietnam’s biggest veggie and fruit importer, accounting for 65% of the revenue.

General Director of Chanh Thu Fruit Export - Import Group Joint Stock Company Ngo Tuong Vy said that although China has tightend control over technical barriers and food safety and hygiene, Vietnamese fruits, with increasingly high quality and competitive prices, are favoured by Chinese consumers.

According to the Vietnam Fruit and Vegetable Association, durian and jackfruit are tropical fruits that can only be grown in low quality in China, so the potential for these fruits from Vietnam to enter this market is massive.

According to the Vietnam Institute of Strategy and Policy for Industry and Trade, to better exploit the Chinese market, localities and exporters need to build product brands and export via official channels, to ensure the quality and avoid unnecessary risks. Localities and enterprises should also increase the application of production models in accordance with VietGAP and GlobalGAP standards to fully meet China's increasingly strict quarantine regulations.

The Ministry of Agriculture and Rural Development forecast that if the current growth pace is maintained, the country's fruit and vegetable export turnover will reach the 5 billion USD this year, two years ahead of the schedule.

Vietnam’s import-export revenue surpasses 436 billion USD in eight months

The total import and export revenue of Vietnam reached 436.44 billion USD in the first eight months of this year, down 12.8% or 64.21 billion USD from the same period in 2022, according to the General Department of Customs.

Bac Giang ranks 6th nationwide in export turnover

BAC GIANG - According to the Department of Industry and Trade, the total import and export value of the enterprises in Bac Giang province reached approx. 27.7 billion USD in the first 8 months of 2023, up 9.1 percent against the same period, equivalent to 53.2 percent of the set plan. Of which, export turnover reached 14.5 billion USD, 54.9 percent of the plan.

Vietnam's wood export likely to hit 14.5 billion USD in 2023

Vietnam’s wood export is likely to hit about 14.5 billion USD this year, lower than the yearly target of 17 billion USD, Vice Chairman of the Handicraft and Wood Industry Association of Ho Chi Minh City (HAWA) Nguyen Chanh Phuong told a local press conference on September 13.

Soaring global demand drives rice exports higher

Vietnam has exported six million tons of rice worth US$3.2 million this year, 21% and 35% up in terms of volume and value from the same period last year.

Vietnam completing procedures to export durian to India

The Plant Protection Department under the Ministry of Agriculture and Rural Development (MARD) is completing procedures to facilitate the export of Vietnamese durian to India, said deputy director of the department Nguyen Thi Thu Huong.

Source: VNA