The export value of 9 out of 11 commodity groups continued to grow, including coffee, rubber, pepper, cashew nuts, livestock, seafood, wood, and wood products.
In terms of exports, the estimated export value of agricultural products reached $18.3 billion, a 16.8% increase; livestock products reached $264 million, a 10.1% increase; seafood products reached $5 billion, a 14.5% increase; and forestry products reached $8.7 billion, an 8.8% increase…
Notably, the export value of 9 out of 11 commodity groups maintained their growth trajectory, including coffee, rubber, pepper, cashew nuts, livestock, seafood, wood, and wood products. The two groups showing a declining trend in export value are rice, with $2.6 billion, a 9.8% decrease compared to the same period last year, and vegetables and fruits, with $2.7 billion, a 17.1% decrease.
The Ministry of Agriculture and Environment stated that it will work to maintain and stabilize traditional markets, explore potential new markets, and aim for the $65 billion export target set for 2025.
Special emphasis will be placed on sustaining stable supply chains for various industries, vigorously developing industries with advantages and untapped potential, maximizing tariff exemptions, balancing trade deficits with the US market, and seizing every opportunity to boost exports in the third quarter, accelerating to maximize export value in the last six months.
Where is Vietnam’s Agricultural Produce Headed?
The harvest season for Vietnamese agricultural produce such as lychees, longans, durians, and dragon fruits is in full swing. To avoid the perennial issue of gluts and the resultant price crashes, what are the effective strategies to promote exports and enhance the competitiveness of these seasonal Vietnamese fruits in the global market?
The Unsung Hero of Vietnamese Markets: Seven Businesses Rejoice as Humble Fish Exports to the US Soar with a 0% Tariff; A Protein-Rich Treat that Rivals Salmon.
The United States has consistently ranked among the largest customers.
Taste of the Orient: Sunset Dining on Halong Bay
Nestled along the Bai Chay seaside road, Ngoc Phuong Nam Restaurant offers a delightful culinary experience in Ha Long. Perched atop a lofty open-air space, diners are treated to a mesmerizing sunset over the bay, with its golden hues reflected on the waters – a truly poetic sight.
Unveiling Misconduct: Spotlight on Inspection Failures at a Pig Slaughterhouse Supplying C.P. Vietnam
The recent incident of diseased pigs being stamped with slaughter control marks in violation of regulations at a processing facility for CP Vietnam Livestock Joint Stock Company has prompted an investigation by the Ministry of Public Security, following a request from the Ministry of Agriculture and Environment. The Directorate of Animal Husbandry and Veterinary has uncovered a slew of irregularities in the slaughter control process at this facility.
Fake News is Harming the Durian Market
The durian industry is at a pivotal crossroads in its journey towards export success. As such, safeguarding and strengthening trust with the target market is of utmost importance and cannot be taken lightly.
