Businesses and policymakers agreed that diversifying markets is the key to reaching the ambitious target of US$65 billion in farm produce exports this year.

With key agricultural products such as lychee, durian, mango, longan and dragon fruit entering the peak harvest season, Vietnamese authorities are stepping up efforts to streamline customs clearance at border gates to prevent congestion and market oversupply.

Vietnam’s agricultural product exports are on track to achieve an unprecedented milestone, with projected revenue reaching US$60-61 billion this year, up US$7-8 billion compared to 2023.

VOV.VN - Coffee is one of the agricultural products with the highest export price during the past 5 months of this year, at US$3,482 /ton, up 49.9% over the same period from last year, according to the Ministry of Agriculture and Rural Development (MARD).

Maintaining last year's growth momentum, the exports of many Vietnamese agricultural products posted strong performance in the first months of this year.

The northern province of Hoa Binh’s Department of Agriculture and Rural Development on March 28 coordinated with Tien Ngan Trading and Investment Co., Ltd, Tomas Trade Co., Ltd and ASIA Ocean company to export the first lot of 7.5 tonnes of pickled chili peppers to the Republic of Korea (RoK).

The quantity of Vietnamese agricultural goods exported to China via border gates in the northern mountainous province of Lao Cai has witnessed a significant upswing this year, surpassing figures from previous years.

The General Administration of Customs of China has granted 435 codes for Vietnamese agricultural product exporters so far this year.

The Vietnamese government has issued an agricultural restructuring policy, by which the rice structure has been strongly adjusted, changing the rice cultivation protocols and paying more attention to improving rice quality rather than increasing production.

Diversifying markets will help Vietnam mitigate the potential negative impacts of the conflict between Russia and Ukraine on agri-forestry-fishery trade, according to the Ministry of Agriculture and Rural Development.