Fruit and vegetable exports are forecast to continue going smooth in the time ahead thanks to abundant domestic supply and foreign markets’ growing demand.
Deputy Minister of Agriculture and Rural Development Phung Duc Tien has affirmed his confidence that Vietnam’s agro-forestry-aquatic product exports can reach the revenue target of US$55-56 billion this year.
Vietnamese exports have ample room to grow in the second half of this year since their large markets such as the US and the UK are expected to cut interest rates which will a boost to economic expansion and consumption, according to experts.
VOV.VN - Vietnamese fruit and vegetable exports to the Republic of Korea (RoK) and Thailand increased sharply during the first quarter of this year, reported the Vietnam Fruit and Vegetable Association (Vinafruit).
With trade promotion activities intensified, the agro-forestry-fishery sector is able to earn US$54-55 billion in export revenue this year as assigned by the Prime Minister, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
The export of cameras, camcorders and components earned more than US$720 million last month, an increase of 75.6% year-on-year, according to the General Statistics Office (GSO).
The export of agro-forestry-fishery products to Japan is forecast to continue thriving in 2024 as numerous export opportunities are in place.
The Asian markets, especially Southeast Asia and Middle East, still hold vast potential for Vietnamese vegetable and fruit exports, experts said at a forum regarding the goods held in Ho Chi Minh City on March 13.
VOV.VN - Vietnamese fruit exports in January reached US$510 million, posting an increase of 24.9% compared to December 2023, and up 112.1% from January 2023, according to figures released from the Ministry of Agriculture and Rural Development.
VOV.VN - There are positive signs ahead for Vietnamese exports in 2024 thanks to the recovery of the global economy, increasing consumption demand, and the effective enforcement of free trade agreements (FTAs).