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VIETNAM BUSINESS NEWS MAY 11

VIETNAM BUSINESS NEWS MAY 11 Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công  11/05/2021    14:09 GMT+7 Vietnam would continue to be world’s second largest rice exporter: US department The US Department of Agriculture (USDA) has forecast that Vietnam would maintain its position as the world’s second biggest rice exporter this year. According to the department, Vietnam will export 6.4 million tonnes of rice in 2011, an increase of 233,000 tonnes compared the volume recorded in the previous year. It is likely that India will remain the largest rice exporter in the world, with 15.5 million tonnes rice shipped abroad this year. Thailand will rank third with an estimated export volume of 6.1 million tonnes.

Vietnam needs to invest in processing and packaging of agricultural products

Vietnam needs to invest in processing and packaging of agricultural products Fruit and vegetable exporters should improve their processing technologies, especially in the post-harvest and packaging stages, to preserve their products longer and enhance their value, experts said. Statistics from the Ministry of Agriculture and Rural Development show that the value of fruit and vegetable exports in the first quarter were worth US$950 million, a 6.1 percent rise year-on-year. Due to the impact of COVID-19, last year exports fell marginally to $3.26 billion. According to Đang Phuc Nguyen, general secretary of the Vietnam Vegetables Association, new-generation free trade agreements (FTAs) such as the EU-Vietnam Free Trade Agreement (EVFTA), the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and Regional Comprehensive Economic Partnership (RCEP) are helping Vietnamese businesses increase fruit and vegetable exports this year.

VN fruits, vegetables sector sets $10 billion export target

| Publication date 06 April 2021 | 21:55 ICT Share A fruit processing line at An Giang Fruits-Vegetables and Foodstuff JSC. VIETNAM NEWS AGENCY/VIET NAM NEWS VN fruits, vegetables sector sets $10 billion export target Tue, 6 April 2021 Vietnam’s agricultural sector has determined to improve quality to meet import market standards and achieve the export target of $10 billion by 2030. Vietnam Vegetables Association secretary-general Dang Phuc Nguyen said new-generation free trade agreements (FTAs) such as the EU-Vietnam Free Trade Agreement (EVFTA); the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP); and Regional Comprehensive Economic Partnership (RCEP) were helping pave the way for Vietnamese businesses to increase fruit and vegetable export turnover this year.

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