The export of fruits and vegetables is forecast to reach $6.5 billion this year, after setting a record of nearly $5.6 billion in 2023.
In 2023, there was an 11.6% decline in exports to the United States compared to the corresponding period in 2022. Despite this setback, the United States maintains its status as Vietnam's largest export market. As we step into 2024, various Vietnamese export sectors are optimistic and anticipate more positive signals from this substantial market.
China became the second largest importer of Vietnamese seafood behind Japan in January, with shrimp and pangasius imports witnessing a four-fold rise compared to the same period last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
The number of new enterprises and those resuming their operation this month reached 27,335, up 5.5% year-on-year, and more than 1.3 times higher than the average figure in the 2018-2023 period, statistics show.
In order to achieve the target of 6% rise in exports this year, exporters are advised to maintain major markets such as the US, the EU, Japan, the Republic of Korea and China.
Vietnam’s farm exports have been given warnings by import countries. Farmers and exporters have been told that their products may face refusal if they do not improve the quality of produce.
VN is about to sign a protocol for avocado and passion fruit exports with the General Administration of Customs of China, bringing the total agricultural products exported to the Chinese market in this form to 8.
Vietnam had shipped 15.08 billion USD worth of products overseas as of January 15, a year-on-year increase of 4.1%, the General Statistics Office announced on January 29.
Affirming that economic, trade and investment cooperation are the pillars of Việt Nam-Germany relations, PM Chính and the German President Frank-Walter Steinmeier pledged to encourage German businesses to invest in Việt Nam, especially in the fields that Germany has strengths such as energy, railways, medical equipment, pharmaceuticals, infrastructure.
Digital applications to visualise material cycles and their roles to boost circular economy in Vietnam were spotlighted at a programme held in Hanoi on January 24.
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