As many as 161 merchants had been granted certificates of eligibility for exporting rice as of January 22, decreasing from mid-2023, reported the Agency of Foreign Trade under the Ministry of Industry and Trade (MoIT).

Vietnamese businesses should make greater efforts to tap the potential of seafood exports to Switzerland, a trade official said.

More challenges are expected for Vietnam’s aquaculture exports in 2024, according to Tran Dinh Luan, General Director of the Department of Fisheries under the Ministry of Agriculture and Rural Development.

VOV.VN - Vietnam exported more than 8 million tonnes of rice in 2023, and the Philippines was the largest rice buyer, according to the General Department of Customs.

The tension in the Red Sea, which has led to increases in logistic costs and shipping time, is forecast to affect Vietnamese exporters of garment, textile, footwear and leather products from the second quarter of 2024 if it persists.

The Vietnam Trade Office in Spain has warned domestic enterprises to be cautious when signing contracts with Spanish businesses to avoid risks.

Vegetables, rice, and coffee have seen a surge in orders right from the beginning of 2024, signaling a busy year ahead despite challenges in the global trade.

Vietnam's agricultural sector has set a growth target between 3.2-4% in 2024, according to the Ministry of Agriculture and Rural Development (MARD), with total export turnover of some US$54-55 billion.

The agriculture sector and traders have expressed their high optimism about rice exports this year given high prices and stable markets, helping the grain remain a big foreign currency earner.

VOV.VN - Vietnam earned nearly US$97 billion from its exports to the United States last year, representing a decline of 11.3% year on year, according to the Ministry of Industry and Trade.