Hanoi is promoting agricultural exports by developing a chain from production to consumption of export agricultural products, according to the city’s Department of Agriculture and Rural Development.
Since the EU-Vietnam Free Trade Agreement (EVFTA) took effect in August 2020, most commitments in the agreement have been implemented and left positive impacts on business activities, especially trade, said Do Viet Ha of the Trade Office of the Vietnamese Embassy in Germany.
Green, circular production in combination with well-connected supply chains will create a foundation for sustainable agricultural exports, experts have said.
Agriculture remains a bright spot in the overall gloomy export picture in the first five months of this year, with agro-forestry-aquaculture export turnover in May rising 9.5% month-on-month and 8.5% year-on-year to reach US$2.9 billion.
Taking full advantage of Vietnam's numerous free trade agreements (FTAs) and rolling out measures to promote trade are keys to boosting the country's export in the future, said the Ministry of Industry and Trade (MoIT).
Vietnam is paying attention to mobilising resources to invest in developing green agriculture with an aim to raising the market share of its agricultural exports to the European Union.
VOV.VN - Vietnam’s export turnover of agricultural, forestry and fishery products set a record high of US$53.22 billion this year, representing an increase of 9.3% compared to 2021.
Meeting the EU's Sanitary and Phytosanitary Standards (SPS) remains a challenge for Vietnamese food exporters as the country seeks greater integration in the global food supply, said industry experts and policymakers.
Vietnam’s agricultural exports need to adapt to China’s strengthened COVID-19 control rules and enforcement of Decrees 248 and 249, according to a workshop held in the city of Buon Me Thuot, the Central Highland province of Dak Lak, on July 26.
Enterprises of Vietnam have been recommended to diversify markets, including nearby countries, to promote exports, which are bouncing back strongly but also facing certain headwinds.