Export of agricultural products prospered at the beginning of the year

VCN - In the early days of 2022, many agricultural products have arrived in a series of large markets. It is forecast that Vietnam's export of key agricultural products will continue to "go smoothly" in the future.
The first shipment of processed fruit for export to Europe, Korea, Japan, Russia and the Middle East in 2022 was carried out by the Dong Nai province's functional departments on January 5. Photo: ST
The first shipment of processed fruit for export to Europe, Korea, Japan, Russia and the Middle East in 2022 was carried out by the Dong Nai province's functional departments on January 5. Photo: ST

Lots of good news

On January 5, 2022, Dong Nai Department of Agriculture and Rural Development coordinated with Long Khanh City to organize a ceremony to export processed agricultural products to Dong Nai province in early 2022.

Accordingly, Luong Gia food technology Joint Stock Company (Long Khanh industrial zone, Long Khanh city) exported five containers equivalent to about 95 tons of dried fruit to the EU, Russia, Korea and Middle East markets.

On January 6, 2022, at the port of Ho Chi Minh City, the international ship DONG HONG loaded 11,111 tons of rice from Trung An Hi-tech Agriculture Joint Stock Company.

Mr. Pham Thai Binh, General Director of Trung An Hi-tech Agriculture Joint Stock Company, said that the 11,111 tons of rice that won the bid by enterprises to sell to Korea was brown rice (only husked) for US$574/ton (CIF price delivered at Ulsan port, Korea). After deducting costs, the rice lot is priced at about $460/ton (FOB price), almost as high as 5% broken white rice.

"The delivery in the first days of 2022 is a good sign, creating momentum to accelerate the export of high-quality rice to Vietnam's fastidious market this year," the businessman said.

Not only familiar products such as processed fruits, rice, the Department of Agriculture and Rural Development (MARD) of Hoa Binh province coordinated with the Department of Agricultural Product Processing and Market Development (Ministry of Agriculture and Rural Development) and Kim Boi Joint Stock Company (Vai area, Ba Hang Doi town, Lac Thuy district, Hoa Binh province) also held the first ceremony to export agricultural products to the Japanese market in 2022 with processed bamboo shoots and vermicelli.

Accordingly, 28 tons of goods have passed strict quarantine requirements, ensuring the best quality standards to be exported.

The joy continues in the days of the Lunar New Year of the Tiger in 2022 (early February 2022) when the export of fruit to China opens. According to the Vietnam Fruit and Vegetable Association, since February 3, 2022 (on the 3rd day of the Lunar New Year), many containers of bananas, dragon fruits, etc. have been exported to China.

On the morning of February 3, 2022, Huu Nghi international border gate and Tan Thanh border gate (Lang Son province) officially reopened after the 2022 Lunar New Year holiday. It took place three days earlier at both border gates.

According to preliminary statistics in January 2022, Vietnam's fruit and vegetable exports reached nearly US$301 million, up 0.3% compared to December 2021, the peak export month of the year.

"According to the annual practice in the spring, fruit prices will be high because China still has a cold season, domestic goods are few, and it is necessary to import fruits in large quantities," said Dang Phuc Nguyen, General Secretary of the Vietnamese Vegetable Association.

Many chances

The export of many agricultural products is forecast to be relatively positive. With rice, Ms. Dang Thi Lien, Director of Long An Food Company, said that in 2022 there are many opportunities for Vietnamese rice exports because the global demand increases. Besides, the quality of Vietnamese rice is favored by consumers in many countries. Notably, in addition to traditional markets such as the Philippines, China, Malaysia, the US, African countries, South Korea, rice exports to the EU are expected to increase sharply in 2022 thanks to the support of the EU-Vietnam free trade agreement. (EVFTA).

A representative of the Import-Export Department (Ministry of Industry and Trade) added that in 2022, Vietnam's rice exports to the EU are expected to increase significantly. The quality of Vietnamese rice has improved, mainly aromatic rice varieties, meeting the tastes of European consumers. Taking advantage of the EVFTA to export fragrant rice with 0% tax is in the hands of enterprises with large raw material areas, cultivated to high standards such as Loc Troi, Tan Long, Trung An.

Similarly, for coffee, a representative of the Import and Export Department said, in 2021, despite the negative impact of the Covid-19 pandemic, Vietnam's coffee export value recorded a two-digit growth rate thanks to the increase in export prices. It is forecast that Vietnam's coffee exports in 2022 will continue to be positive thanks to abundant supply, FTAs ​​creating competitive advantages for Vietnamese coffee and export prices likely to remain high.

According to the Ministry of Agriculture and Rural Development, in 2022, the agriculture and rural development industry will continue to have many opportunities, but also face challenges such as the Covid-19 pandemic changes demand and consumption patterns, requiring an appropriate transformation in production and restructuring of distribution channels, connect supply and demand for agricultural, forestry and fishery products.

From the perspective of commercial development, promoting consumption, and increasing the export of agricultural, forestry and fishery products, the Ministry of Agriculture and Rural Development has determined to improve quality, increase competitiveness and market access for agricultural products; increase the export of agricultural products with advantages and markets; expanding the official export market of key products.

Along with that, the Ministry of Agriculture and Rural Development also accelerated the negotiation process to expand export markets to EU countries under the EVFTA and countries under the FTA Vietnam - Eurasian Economic Union (VN-EAEU FTA), paying attention to the Russian market and other potential markets.

Notably, Minister of Agriculture and Rural Development Le Minh Hoan stated that the Ministry of Agriculture and Rural Development is consulting with Vietnamese embassies and Trade Offices abroad, firstly the EU and China to develop a sustainable agricultural product export scheme, without waiting until the new season to collect agricultural products for export, but to create a standardized material area.

"The Ministry of Agriculture and Rural Development will build an association alliance of agricultural export units, for the first time with the participation of logistics enterprises to coordinate to reduce intermediary costs," Minister Le Minh Hoan said.

By Thanh Nguyễn/Quynhlan

Related News

Expand investigation for two smuggling cases

Expand investigation for two smuggling cases

VCN – The Anti-Smuggling and Investigation Department under the General Department of Vietnam Customs has prosecuted 55 illegal imported shipments of used machinery, equipment, and technological lines.
Textile and garment exports recovered positively

Textile and garment exports recovered positively

VCN - Vu Duc Giang, Chairman of Vietnam Textile & Apparel Association shared with Customs News about the production and export situation of Vietnam's textile and garment industry after many difficult periods.
The Prime Minister requested that before April 25, complete the revision of regulations on import and export of medicinal materials

The Prime Minister requested that before April 25, complete the revision of regulations on import and export of medicinal materials

VCN - The Ministry of Health, according to its assigned functions, tasks and authority, presides and coordinates with the Ministry of Finance and relevant agencies to urgently review, research, amend and complete the Ministry's regulations on import and export of medicinal materials.

Latest News

Domestic retailers eye export-quality products

Domestic retailers eye export-quality products

Domestic retailers are increasing the distribution of export-quality products to cash in on the consumption trend towards green, environmentally friendly and safe products.
Launch of FDI Annual Report 2023

Launch of FDI Annual Report 2023

VCN - In 2023, industrial parks and economic zones kept attracting foreign investors with 27.7 billion USD of FDI capital investment; the number of new investment projects, adjusted investment capital and implemented FDI capital all increased compared to the previous year.
Vietnam has opportunities to attract, develop the offshoring market

Vietnam has opportunities to attract, develop the offshoring market

Vietnam is an attractive choice for businesses who are looking for outsource solutions, given its affordable workforce, highly skilled human resources and the constantly developing infrastructure of information technology and the telecommunications industry, said real estate consultancy firm Knight Frank in its report Asia-Pacific Horizon: Harnessing the Potential of Offshoring.
Nearly 600 million USD disbursed in support of agroforestry, aquatic sectors

Nearly 600 million USD disbursed in support of agroforestry, aquatic sectors

More than 15 trillion VND (597 million USD) has been disbursed under a credit scheme to support Vietnamese agroforestry and aquatic sectors since July last year, heard participants at a recent conference to discuss measures on maintaining Vietnam's key agricultural exports.

More News

Be proactive and flexible with production materials

Be proactive and flexible with production materials

VCN - Enterprises' production and export orders have gradually returned, leading to many recovery prospects. Therefore, the issue of raw materials for production continues to be a major concern to meet rules of origin requirements.
Cooperate to build leading and "rich in vitality" state-owned enterprises

Cooperate to build leading and "rich in vitality" state-owned enterprises

VCN - In Vietnam, the contribution ratio of state-owned enterprises (SOEs) to GDP is approximately 30% but their competitiveness is not commensurate with the resources they hold, and many SOEs operate ineffectively.
Garment & textile sector tries to keep growth momentum

Garment & textile sector tries to keep growth momentum

The Vietnamese garment and textile sector is carrying out various measures to bolster production and business activities amidst formidable challenges posed by falling demand, high inventory, and geopolitical instability in several countries, according to insiders.
Businesses capitalize on recovery momentum to explore market expansion

Businesses capitalize on recovery momentum to explore market expansion

VCN - Since the start of the year, Vietnam’s exports have welcomed positive signals as orders from several key sectors have noticeably rebounded. Enterprises are capitalizing on the market recovery to bolster their export drive.
Access to the Chinese market is increasingly convenient

Access to the Chinese market is increasingly convenient

VCN - As Vice Chairman of the High Quality Vietnamese Goods Business Association, Mr. Nguyen Lam Vien (photo) is also Chairman of the Board of Directors of Vinamit Joint Stock Company - a very successful enterprise in the Chinese market, shared with Customs News many interesting information and advice for businesses to achieve success in this potential billion-people market.
China, US, Japan – largest importers of Vietnam’s fishery products in Q1

China, US, Japan – largest importers of Vietnam’s fishery products in Q1

China, the US and Japan were the three largest importers of Vietnam’s fishery products in the first quarter of this year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s agricultural products appeal to foreign customers

Vietnam’s agricultural products appeal to foreign customers

Vietnam's agricultural products were sold well in foreign markets in Q1, with a surge in both volume and prices documented.
Leverage to increase the scale of Vietnam - Laos trade turnover

Leverage to increase the scale of Vietnam - Laos trade turnover

VCN - From 2012 until now, trade turnover between the two countries has grown by 10-15%/year, but it has only reached US$1.65 billion which is not commensurate with the potential and special relationship between the two countries.
Science and technology enterprises still have limited to access to preferences

Science and technology enterprises still have limited to access to preferences

VCN - Enterprises in the field of science and technology (ST) have made many positive contributions to economic development. However, preferential access to these enterprises is still difficult.
Read More

Your care

Latest Most read
Domestic retailers eye export-quality products

Domestic retailers eye export-quality products

Domestic retailers are increasing the distribution of export-quality products to cash in on the consumption trend towards green, environmentally friendly and safe products.
Textile and garment exports recovered positively

Textile and garment exports recovered positively

Vu Duc Giang, Chairman of Vietnam Textile & Apparel Association shared with Customs News about the production and export situation of Vietnam's textile and garment industry
Launch of FDI Annual Report 2023

Launch of FDI Annual Report 2023

In 2023, industrial parks and economic zones kept attracting foreign investors with 27.7 billion USD of FDI capital investment
Vietnam has opportunities to attract, develop the offshoring market

Vietnam has opportunities to attract, develop the offshoring market

Vietnam is an attractive choice for businesses who are looking for outsource solutions, given its affordable workforce, highly skilled human resources and the constantly developing infrastructure of information technology and the telecommunications industry, said real estate consultancy firm Knight Frank in its report Asia-Pacific Horizon: Harnessing the Potential of Offshoring.
Nearly 600 million USD disbursed in support of agroforestry, aquatic sectors

Nearly 600 million USD disbursed in support of agroforestry, aquatic sectors

More than 15 trillion VND (597 million USD) has been disbursed under a credit scheme to support Vietnamese agroforestry and aquatic sectors since July last year, heard participants at a recent conference to discuss measures on maintaining Vietnam's key agricultural exports.
Mobile Version