The two "main drivers" in agricultural export still have weaknesses

VCN - Exporting rice and vegetables have many advantages in the market. These are two key products that continue to help agricultural exports earn more foreign currency. However, there are still limitations and weaknesses in growing areas, unequal quality and business linkages.
Vietnam’s agricultural exports to China expected to rise Vietnam’s agricultural exports to China expected to rise
High logistics costs a headache to Vietnam’s agricultural export High logistics costs a headache to Vietnam’s agricultural export
Agricultural exports aim for a new record in 2024 Agricultural exports aim for a new record in 2024
Fruit and vegetable exports to key markets continue to increase. Photo: N.T
Fruit and vegetable exports to key markets continue to increase. Photo: N.T

There are positive signs in export

Mr. Nguyen Ngoc Nam, Chairman of the Vietnam Food Association, informed that in the first 4 months of the year, Vietnam exported 3.4 million tons of rice with a turnover of more than USD 2 billion. It is estimated that by May 30, total output will be 3.6 tons; turnover will be more than USD 2.3 billion, an increase of 11% in quantity and 34% in value.

Mr. Nam added that Vietnamese rice also focuses on large markets such as Philippines, China, Indonesia... In the first 5 months of the year, domestic rice prices increased compared to the same period, ensuring efficiency for farmers and rice growers.

It is forecast that Vietnam's rice exports in 2024 will prosper when major markets increase import volumes. "Countries are waiting to see if India will lift its export restrictions banning rice exports due to El Nino. It is possible that it will not be lifted until September. This is an opportunity for Vietnam," Mr. Nguyen Ngoc Nam said.

In the fruit and vegetable industry, Mr. Nguyen Thanh Binh, Chairman of the Vietnam Fruit and Vegetable Association, said that by May 20, Vietnam's fruit and vegetable export turnover reached USD 2.490 billion, an increase of 25.7% over the same period last year, 2023. Key markets continue to increase, China tops at USD 1,156 million, Korea USD 107 million.

According to Mr. Binh's assessment, from the 4-month fruit and vegetable export data, through trade promotion in Europe, the US and the situation of businesses, it is forecast that export activities of this item will continue to be favorable with demand increasing in traditional markets continues to increase, especially durian, watermelon, and mango.

Mr. Nguyen Anh Son, Director of the Import-Export Department (Ministry of Industry and Trade) also assessed that export activities of the agricultural product industry have overcome difficulties and achieved positive results.

According to the General Department of Customs, in the first 4 months of 2024, Vietnam's rice export results increased by 9.5% in volume and 33.6% in value compared to the same period last year; fruit and vegetable exports increased by 38.1% in value. For the fruit and vegetable industry, exports to the Chinese market account for 61.4% of the total export turnover of products.

Despite many positive results, however, many opinions say that Vietnam's rice and fruit and vegetable export activities still have limitations and weaknesses.

Linkage and cooperation are the weaknesses of businesses

At the meeting between the Ministry of Industry and Trade and the Ministry of Agriculture and Rural Development on the production and export of rice and vegetables in the first 4 months of the year and discussed solutions to overcome difficulties and promote exports in the last months of 2024 On May 28, Minister of Agriculture and Rural Development Le Minh Hoan said that we are currently exporting a product of a business, not a product of an industry. Linkage and cooperation are the weak points of the business.

Minister Le Minh Hoan said: "When we go to international fairs, China exhibits an entire space, but in Vietnam, there are businesses that still rent a separate corner outside and do not go with an association or ministries and branches. Obviously, if businesses don't change, they can't go far," and further emphasized that exporting Vietnamese rice is about the image of Vietnamese rice, the image of Vietnamese agricultural products, not just about rice of Trung An, or another rice business. Only then can Vietnamese agricultural products grow.

Stating specifically the limitations in exporting rice and vegetables, Mr. Nguyen Anh Son said that the production and processing processes of producers and businesses do not completely comply with strict quality regulations. Requirements for traceability and growing area codes; production scale is still small, scattered, not interconnected, quality is not stable, export products are still in raw form, lacking deep processing; some businesses have not mastered the regulations and policies of the import market or the requirements accompanying incentives from FTAs; some businesses have not focused on building brands and promoting products...

To achieve the goal of export recovery, increasing by about 6% compared to 2023, the Import-Export Department believes that it is necessary to remove difficulties for businesses and support production; promote market information and trade promotion; effectively take advantage of opportunities from trade agreements, negotiate market opening, respond to technical barriers, trade defense measures...

According to the Department of Crop Production (Ministry of Agriculture and Rural Development), the expected rice production area in 2024 is estimated at 7.09 million hectares, with an average yield of 61.2 tons/ha, an increase of about 0.2 tons /ha compared to 2023; Output is estimated at 43.4 million tons of rice, down about 35 thousand tons compared to 2023.

It is expected that the vegetable production area in 2024 will be about 1,030 thousand hectares (an increase of about 30 thousand hectares compared to 2023), the expected productivity will reach 191.5 tons/ha (about 0.5 tons/ha higher than 2023), output is expected to reach 19.7 million tons (about 624 thousand tons higher than 2023).

If from now until the end of the year, there are no unusual developments in weather, natural disasters, or epidemics, rice and vegetable production in 2024 will ensure the proposed plan in terms of area, productivity, and output; meet domestic consumption needs and at the same time ensure the amount of rice for export is about 7.6 million tons.

By Ngoc Linh/Bui Diep

Related News

Customs sector strengthens anti-smuggling for e-commerce products

Customs sector strengthens anti-smuggling for e-commerce products

VCN – In 2025 and in the near future, the General Department of Vietnam Customs (GDVC) will strengthen inspection and control for imports and transportation of products traded via online applications, goods traded on e-commerce platforms and sent via express delivery service, Director of the Anti-smuggling and Investigation Department Vu Quang Toan said.
Preliminary assessment of Vietnam international merchandise trade performance in the second half of November, 2024

Preliminary assessment of Vietnam international merchandise trade performance in the second half of November, 2024

The Vietnam Customs Statistics announced that in the second half of November, 2024 the total Vietnam’s exports of US dollars 16.9 billion and imports of nearly US dollars 15.73 billion resulted in a trade surplus of US dollars 1.17 billion.
Achievements in revenue collection are a premise for breakthroughs in 2025

Achievements in revenue collection are a premise for breakthroughs in 2025

VCN – Motivated by great efforts and effective implementation of solutions, as of December 10 the total State revenue from imports and exports saw a year-on-year increase of 13.8% to VND397,861 billion, meeting 106.1% of the estimate. The revenue us estimated to reach VND420,000 billion, meeting 112 % of the estimate, up 13.9% over the same period in 2023. The achievements in 2024 are a premise for a breakthrough in revenue collection in 2025.
Agricultural, forestry and fishery exports “reach the target” early

Agricultural, forestry and fishery exports “reach the target” early

VCN - According to a report from the Ministry of Agriculture and Rural Development, the export turnover of agricultural, forestry and fishery products in November 2024 is estimated at US $5.3 billion, up 13.9% compared to November 2023. It is notable that it not only “reaching the finish line” early, the agricultural sector also exceeded the annual plan by over US $ one billion.

Latest News

VN faced with increasing trade defence investigations on rising protectionism

VN faced with increasing trade defence investigations on rising protectionism

Việt Nam’s exporters faced a significant increase in the number of trade defence investigation cases this year, on the back of rising protectionism worldwide, according to the Ministry of Industry and Trade.
Việt Nam expects to officially export passion fruit to the US next year

Việt Nam expects to officially export passion fruit to the US next year

Negotiations on technical issues were already completed in August. Now, legal procedures are underway for the official export of fresh passion fruit to the US.
UK’s carbon tax to affect VN exports

UK’s carbon tax to affect VN exports

The UK’s carbon border adjustment mechanism will take effect in 2027.
Removing obstacles in granting certificates of exploited aquatic products

Removing obstacles in granting certificates of exploited aquatic products

VCN - Prime Minister Pham Minh Chinh requested to review all regulations related to the organization and issuance of certificates of origin of exploited aquatic products (SC) at fishing ports, issuance of certificates of origin of exploited aquatic products (CC), and amend inappropriate regulations that cause difficulties and hinder production and business activities in the field of exploitation, processing and export of seafood.

More News

Promoting agricultural exports to the Japanese market

Promoting agricultural exports to the Japanese market

VCN - Japan's high-quality standards have become a driving force for continuous improvement in Vietnamese agricultural products to meet global consumer expectations and build a strong brand for Vietnamese agricultural products on the world map.
Agricultural exports in 2024 to exceed 60 billion USD?

Agricultural exports in 2024 to exceed 60 billion USD?

VCN - The agricultural sector has basically achieved and exceeded the set targets when the export turnover of agricultural, forestry and fishery products in the first 11 months of 2024 reached 56.74 billion USD, up 19% over the same period in 2023, the trade surplus reached nearly 16.5 billion USD, up 52.8%. This year's agricultural exports are expected to exceed 60 billion USD if the export value in December reaches over 5 billion USD.
Seafood exports expected to exceed $10 billion in 2025: expert

Seafood exports expected to exceed $10 billion in 2025: expert

The achievement of the $10 billion export milestone in 2024 is attributed in part to efforts to open and strengthen connections with key markets such as the US and the EU.
Top 10 Reputable Animal Feed Companies in 2024: Efforts to survive the challenges of nature

Top 10 Reputable Animal Feed Companies in 2024: Efforts to survive the challenges of nature

VCN - In the Report announcing the Ranking of Top 10 Reputable Animal Feed Companies in 2024 on December 12, 2024, Vietnam Report Joint Stock Company said that Vietnam's animal feed industry has faced many challenges from natural disasters and epidemics. But overcoming all, the industry continues to survive and has confidence in the future.
Vietnam's import-export surges 15.3%

Vietnam's import-export surges 15.3%

Vietnam's total import-export turnover reached 745 billion USD as of December 14, marking a robust 15.3% growth compared to the same period in 2023, according to the General Department of Vietnam Customs.
More Vietnamese firms interested in Saudi Arabia: Ambassador

More Vietnamese firms interested in Saudi Arabia: Ambassador

An increasing number of Vietnamese enterprises are showing interest in Saudi Arabia, particularly in the sectors of Vietnam's advantages and the Middle East country's needs, a diplomat has said.
“Give and Take” in the Value Chain of the CPTPP Market

“Give and Take” in the Value Chain of the CPTPP Market

VCN - Vietnamese businesses have many opportunities and advantages if they take advantage of resources from imports and technology transfers when joining the supply chains of FDI companies within the CPTPP.
Binh Dinh province works to attract investment from Japan

Binh Dinh province works to attract investment from Japan

The People’s Committee of Binh Dinh province on December 18 inked a cooperation deal with the Japan - Vietnam Friendship Association of Sakai city as part of the south-central province’s efforts to attract more investment and development resources from the Northeast Asian country.
Thailand remains Vietnam’s biggest trading partner in ASEAN

Thailand remains Vietnam’s biggest trading partner in ASEAN

The activities conducted by the Vietnam Trade Office in Thailand in 2024 have enriched the trade and investment relations between the two countries, contributing to helping Thailand maintain its position as Vietnam's largest trading partner in the Association of Southeast Asian Nations (ASEAN), according to Le Huu Phuc, Vietnam's Trade Counsellor in Thailand.
Read More

Your care

Latest Most read
VN faced with increasing trade defence investigations on rising protectionism

VN faced with increasing trade defence investigations on rising protectionism

Việt Nam’s exporters faced a significant increase in the number of trade defence investigation cases this year, on the back of rising protectionism worldwide, according to the Ministry of Industry and Trade.
Việt Nam expects to officially export passion fruit to the US next year

Việt Nam expects to officially export passion fruit to the US next year

Negotiations on technical issues were already completed in August. Now, legal procedures are underway for the official export of fresh passion fruit to the US.
UK’s carbon tax to affect VN exports

UK’s carbon tax to affect VN exports

The UK’s carbon border adjustment mechanism will take effect in 2027.
Removing obstacles in granting certificates of exploited aquatic products

Removing obstacles in granting certificates of exploited aquatic products

Prime Minister Pham Minh Chinh requested to review all regulations related to the organization and issuance of certificates of origin of exploited aquatic products (SC) at fishing ports
Promoting agricultural exports to the Japanese market

Promoting agricultural exports to the Japanese market

VCN - Currently, Vietnamese agricultural exports to Japan comprise only six main categories, while several key Vietnamese agricultural products like rice, tea, and livestock products haven't yet penetrated the Japanese market significantly.
Mobile Version