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

Regulating goods across Huu Nghi International Border Gate during peak times

Regulating goods across Huu Nghi International Border Gate during peak times

VCN – In order to reduce the pressure on customs clearance of import and export goods for the international border gate pair during peak times, the management agency of Lang Son (Vietnam) has just discussed with the management authority of Pingxiang (China) to strengthen coordination in regulating the means of transporting goods of enterprises on both sides.
Coconut is expected to become a billion-dollar export item

Coconut is expected to become a billion-dollar export item

VCN - Talking to the press at the ceremony to launch the first train carrying fresh coconuts to China, Mr. Luu Van Phi, Director of the Department of Industry and Trade of Tien Giang province, said that Vietnam's agricultural export potential, especially fresh coconuts, is expanding with the appearance of international railway transportation from Song Than station.
Lao Cai Customs sees a triple-digit surge in export-import turnover

Lao Cai Customs sees a triple-digit surge in export-import turnover

VCN - Updated from the beginning of the year to October 24, total import and export turnover through Lao Cai Customs Department increased by 102%.
Khanh Hoa Customs reaches revenue target 1 quarter early

Khanh Hoa Customs reaches revenue target 1 quarter early

VCN - Many key import items increased sharply, along with efforts in trade facilitation, tax debt collection, so in just 9 months of 2024, Khanh Hoa Customs Department completed the state budget revenue target.

Latest News

Import and export are expected to reach 800 billion USD

Import and export are expected to reach 800 billion USD

VCN - Although the import and export turnover of goods slowed down in September 2024, in general, import and export activities, especially exports, still grew positively in the first 9 months of 2024. It is expected that import and export of goods in 2024 will reach a record of 800 billion USD.
Fresh coconuts quenching new overseas markets

Fresh coconuts quenching new overseas markets

Vietnam’s fresh coconuts are being increasingly consumed in international markets such as the US, China, and the UK, highlighting a bright spot in Vietnam's fruit export sector with many opportunities for breakthroughs in the near future.
Rice exports likely to set new record in 2024

Rice exports likely to set new record in 2024

Vietnam sold 800,000 tonnes of rice overseas for 505 million USD in October, bringing the country's total export volume and value in the first ten months to nearly 7.8 million tonnes and 4.86 billion USD, up 10.2% and 23.4% year-on-year, respectively.
Vietnamese goods conquer halal market through trust and quality

Vietnamese goods conquer halal market through trust and quality

VCN - According to the Ministry of Agriculture and Rural Development, Vietnam's capacity to export over 50 billion USD worth of agricultural products annually, coupled with established supply chains, provides a significant advantage for Vietnamese agricultural and aquatic products to penetrate the Halal market.

More News

Exporters urged to have strategies to take advantage of UKVFTA for expansion

Exporters urged to have strategies to take advantage of UKVFTA for expansion

The UK is concerned by sustainable development, labour issues, environmental protection and social responsibility. Therefore, when exporting to the UK, enterprises should not just be concerned about being competitive in terms of price and quality.
Fresh coconuts quenching new overseas markets

Fresh coconuts quenching new overseas markets

Vietnam’s fresh coconuts are being increasingly consumed in international markets such as the US, China, and the UK, highlighting a bright spot in Vietnam's fruit export sector with many opportunities for breakthroughs in the near future.
Vietnam and UAE trade sees billion-dollar growth

Vietnam and UAE trade sees billion-dollar growth

VCN - According to General Department of Vietnam Customs by the end of September 2024, bilateral trade between Vietnam and the United Arab Emirates (UAE) reached nearly US$5 billion, an increase of more than US$1.4 billion over the same period last year.
Sharing responsibility for ensuring security and safety of the supply chain

Sharing responsibility for ensuring security and safety of the supply chain

VCN – Post - clearance audit is carried out in a planned, focused and key manner, avoiding widespread and ineffective inspections, thereby creating convenience for the business community and improving the effectiveness of state management of customs.
Many factors affecting tuna exports in the last months of the year

Many factors affecting tuna exports in the last months of the year

VCN - Tensions between Israel and Iran escalate, tuna businesses are worried, they may have to stop export orders to the Israeli market in the last months of the year.
Vietnam still dominates Philippine rice import

Vietnam still dominates Philippine rice import

Vietnam continues to assert its dominance as the top rice exporter to the Philippines, with 2.91 million tonnes shipped as of the late October, or over 79% of the Philippines' total rice imports, according to the Vietnam Trade Office in the Philippines.
Vietnam cements ties with partners to engage in global semiconductor, AI industries

Vietnam cements ties with partners to engage in global semiconductor, AI industries

By boosting cooperation with reputable partners across the globe, Vietnam is taking steps to gain a foothold in the world’s semiconductor and artificial intelligence (AI) industries.
Aquatic exports expected to rise in year-end despite challenges

Aquatic exports expected to rise in year-end despite challenges

Aquatic exports is expected to surge in the remaining months of this year, as the year-end festive season comes, despite many challenges in the international markets, according to insiders.
Trade Defense: The Key to Success for Vietnamese Businesses

Trade Defense: The Key to Success for Vietnamese Businesses

VCN - From losses and near bankruptcy, many domestic enterprises have recovered thanks to timely application of trade defense measures. Trade defense is also an effective shield for Vietnamese enterprises against a series of lawsuits from importing countries, thereby maintaining advantages and developing on "away grounds".
Read More

Your care

Latest Most read
Import and export are expected to reach 800 billion USD

Import and export are expected to reach 800 billion USD

VCN - At the regular Government meeting in September 2024, Minister of Industry and Trade Nguyen Hong Dien assessed: import and export continued to be a bright spot, recording a positive recovery compared to the same period last year.
Fresh coconuts quenching new overseas markets

Fresh coconuts quenching new overseas markets

Vietnam’s fresh coconuts are being increasingly consumed in international markets such as the US, China, and the UK, highlighting a bright spot in Vietnam's fruit export sector with many opportunities for breakthroughs in the near future.
Rice exports likely to set new record in 2024

Rice exports likely to set new record in 2024

Vietnam sold 800,000 tonnes of rice overseas for 505 million USD in October, bringing the country's total export volume and value in the first ten months to nearly 7.8 million tonnes and 4.86 billion USD, up 10.2% and 23.4% year-on-year, respectively.
Vietnamese goods conquer halal market through trust and quality

Vietnamese goods conquer halal market through trust and quality

According to the Ministry of Agriculture and Rural Development, Vietnamese agricultural and aquatic products could penetrate the Halal market.
Exporters urged to have strategies to take advantage of UKVFTA for expansion

Exporters urged to have strategies to take advantage of UKVFTA for expansion

The UK is concerned by sustainable development, labour issues, environmental protection and social responsibility. Therefore, when exporting to the UK, enterprises should not just be concerned about being competitive in terms of price and quality.
Mobile Version