Door open wide for farm produce export to Europe

The recent signing of the EU Vietnam Free Trade Agreement EVFTA which is expected to take effect from early 2020 has opened the door wider for Vietnamese farm produce to make inroads into the more than 500 million people strong market
door open wide for farm produce export to europe

Illustrative image

According to Chairman of the Vietnam Pepper Association Nguyen Nam Hai, Vietnam exports about 40,000 tonnes of pepper to the EU each year, meeting 53 percent of the market’s demand.

Along with pepper, other agricultural products are gaining foothold in EU countries such as fruits, vegetables and cashew nuts.

Nguyen Quoc Toan, Director of the Agro Processing and Market Development Authority (Agrotrade) under the Ministry of Agricultural and Rural Development, said the EU is one of the three biggest importers of Vietnamese farm produce.

In the first eight months of 2019, the EU market accounted for more than 12 percent of Vietnam’s agricultural exports, he noted.

Deputy head of the European-American Market Department under the Ministry of Industry and Trade Tran Ngoc Quan said the EU is committed to removing 94 percent of the total 547 tariff lines for vegetables and fruits after the EVFTA comes into effect.

Apart from farm produce, the EU is also the second largest seafood importer of Vietnam, making up 17 percent of the country’s total aquatic export value, he added.

To boost exports to a choosy market like the EU, businesses should improve the quality of products and ensure food safety and origin tracing.

Vuong Truong Giang, head of the plant protection department’s food safety and environment office from the Ministry of Agriculture and Rural Development, suggested Vietnamese firms seek solutions to controlling the quality of products from producing to processing and preserving stages, and building standardize material growing zones to meet requirements on origin.

Minister of Agriculture and Rural Development Nguyen Xuan Cuong said the ministry has approved a planning scheme for key fruit growing areas in the southern region through 2020.

Meanwhile, Minister of Industry and Trade Tran Tuan Anh said his ministry will work with trade counselors in EU countries to update trade barriers and help businesses attract investment in production and processing.

Businesses exporting farm produce to the EU said to penetrate the market, there is no need to place heavy premiums on export volume, instead focusing on the quality and transparency of the origin of products, designs and brands.

Source: VNA

Related News

Agricultural exports require business flexibility

Agricultural exports require business flexibility

VCN - In the context of the global economy having many fluctuations, agricultural exports, especially fruits to China, are becoming the driving force helping Vietnam achieve impressive export results. Mr. Tran Thanh Hai (photo), Deputy Director of the Import-Export Department (Ministry of Industry and Trade) shared the export situation in the past time and prospects in the last months of the year.
HCMC: Domestic revenue rises, revenue from import-export activities begins to increase

HCMC: Domestic revenue rises, revenue from import-export activities begins to increase

VCN - The results of State budget revenue in HCMC in the first 10 months of 2024 are estimated to increase by 10% over the same period last year, of which the highlight is that revenue from import-export activities has begun to increase.
Advantages of Vietnam’s exports to Indonesia

Advantages of Vietnam’s exports to Indonesia

VCN – By taking advantage of the potential and opportunities from the RCEP and ATIGA agreements, there are numerous opportunities for Vietnamese goods to be exported to the Indonesia market, especially agricultural and aquatic products.
Export-import turnover in October reaches US$69.19 billion

Export-import turnover in October reaches US$69.19 billion

VCN – Total trade in October reaches US$69.19 billion, increasing by 5.1% month-on-month and 11.8% year-on-year.

Latest News

Vietnam’s industrial real estate attracts foreign investment

Vietnam’s industrial real estate attracts foreign investment

Vietnam's industrial sector is experiencing significant transformation, supported by strong foreign direct investment (FDI) flows, large-scale infrastructure projects, and a favourable regulatory environment, thus attracting a new wave of investment from foreign investors, experts have said.
Tra fish export could hit 2 billion USD in 2024: Workshop

Tra fish export could hit 2 billion USD in 2024: Workshop

Vietnam’s tra fish export could reach the set target of 2 billion USD this year driven by industry improvements, heard a workshop held in Cao Lanh city, the Mekong Delta province of Dong Thap, on November 17.
Opportunity to accelerate agricultural export to China

Opportunity to accelerate agricultural export to China

VCN - For many years, China has been Vietnam's largest trading partner. Trade between Vietnam and China has maintained a stable and sustainable growth momentum.
Bac Ninh, East Kazakhstan boost cooperation

Bac Ninh, East Kazakhstan boost cooperation

A delegation from the northern province of Bac Ninh led by member of the Party Central Committee and Secretary of the provincial Party Committee Nguyen Anh Tuan met with leaders of East Kazakhstan region, Kazakhstan, on November 15 to promote cooperation between the two localities.

More News

Vietnam sees opportunities to attract investments in electronics support industries

Vietnam sees opportunities to attract investments in electronics support industries

As an investment attraction of numerous leading technology corporations, Vietnam sees many opportunities to attract foreign direct investment (FDI) into electronic components manufacturing.
Businesses welcome the "golden" tuna export opportunity to the UAE

Businesses welcome the "golden" tuna export opportunity to the UAE

VCN- Tuna products imported into the United Arab Emirates (UAE) are currently subject to a 5% tax rate. Therefore, businesses expect this market to expand further when the FTA between Vietnam and the UAE takes effect and reduces the import tax on seafood to 0%.
Electronics industry overcomes challenges to penetrate deep into global supply chain

Electronics industry overcomes challenges to penetrate deep into global supply chain

VCN - In addition to the opportunities from the investment shift in the electronics industry, Vietnamese enterprises also face many challenges in terms of capital, technology and human resources. Ms. Do Thi Thuy Huong, Executive Committee Member of the Vietnam Electronics Industry Association (VEIA), shared about the future directions for this potential industry.
Vietnam-China trade expected to hit record of US$ 200 billion in 2024

Vietnam-China trade expected to hit record of US$ 200 billion in 2024

VCN- The import-export turnover between Vietnam and China is predicted to hit a new record of US$ 200 billion.
Vietnam eyes building self-reliant, sustainable semiconductor ecosystem

Vietnam eyes building self-reliant, sustainable semiconductor ecosystem

Vietnam, with its skilled workforce and competitive production costs, is poised to become a critical supplier of materials, components, and assemblies for the semiconductor industry, thus making a deeper penetration into the global value chain.
Vietnamese passion fruit gets “great opportunities” to Australia

Vietnamese passion fruit gets “great opportunities” to Australia

VCN - Vietnamese passion fruit having been exported to twenty countries, in many forms such as fresh fruit, frozen fruit, juice, recently Vietnamese passion fruit continues to be licensed to export to the Australian market. Thus, after mango, longan, lychee, dragon fruit, passion fruit is the 5th product of Vietnam licensed to export to the Australian market.
Exports of bamboo, rattan, sedge, carpet products reach 594.8 million USD

Exports of bamboo, rattan, sedge, carpet products reach 594.8 million USD

Vietnam's exports of rattan, bamboo, sedge and carpet products totalled 50.43 million USD in September, a 4.5% decrease compared to last year, according to the General Department of Customs.
Vietnam to set new record in rice exports in 2024

Vietnam to set new record in rice exports in 2024

Despite challenges in the global rice market, Vietnam's is still on a right track to a new export volume record of over 8 million tonnes in 2024, surpassing last year’s result, according to insiders.
Reducing logistics costs: A solution for competitiveness and attracting import-export goods

Reducing logistics costs: A solution for competitiveness and attracting import-export goods

VCN - With high costs, a lack of large-scale logistics centers, and fragmented infrastructure, the logistics industry still faces many challenges on its path to becoming a backbone of the economy.
Read More

Your care

Latest Most read
Vietnam’s industrial real estate attracts foreign investment

Vietnam’s industrial real estate attracts foreign investment

Vietnam's industrial sector is experiencing significant transformation, supported by strong foreign direct investment (FDI) flows, large-scale infrastructure projects, and a favourable regulatory environment, thus attracting a new wave of investment from foreign investors, experts have said.
Tra fish export could hit 2 billion USD in 2024: Workshop

Tra fish export could hit 2 billion USD in 2024: Workshop

Vietnam’s tra fish export could reach the set target of 2 billion USD this year driven by industry improvements, heard a workshop held in Cao Lanh city, the Mekong Delta province of Dong Thap, on November 17.
Opportunity to accelerate agricultural export to China

Opportunity to accelerate agricultural export to China

VCN - For many years, China has been Vietnam's largest trading partner. Trade between Vietnam and China has maintained a stable and sustainable growth momentum.
Bac Ninh, East Kazakhstan boost cooperation

Bac Ninh, East Kazakhstan boost cooperation

A delegation from the northern province of Bac Ninh led by member of the Party Central Committee and Secretary of the provincial Party Committee Nguyen Anh Tuan met with leaders of East Kazakhstan region, Kazakhstan, on November 15 to promote cooperation between the two localities.
Vietnam sees opportunities to attract investments in electronics support industries

Vietnam sees opportunities to attract investments in electronics support industries

As an investment attraction of numerous leading technology corporations, Vietnam sees many opportunities to attract foreign direct investment (FDI) into electronic components manufacturing.
Mobile Version