In recent years, Hanoi has launched and implemented many cooperative programs to expand trade in farm produce with other provinces and cities, ensuring sufficient supply for residents and visitors to the capital and enabling businesses, cooperatives and producers from other provinces/cities to access modern retail facilities in the capital.

Amid fluctuations in the global cashew market, the Vietnam Cashew Association (Vinacas) will focus on improving the quality of Vietnamese cashew nuts for exports, while increasing processing efficiency. Vietnam is one of the world’s largest cashew exporters.

Despite an average drop of 20 percent in coffee export prices and revenue, the prices of organic and processed coffee are still sustainable and there’s even a shortage of supplies for export. To offset the drop in green coffee export prices, Vietnam’s coffee sector is targeting development of high quality brands. Vietnam Economic News’ Phuong Lan spoke about this shift with the Chairman of the Vietnam Coffee and Cocoa Association (Vicofa) Luong Van Tu.

Although it failed to meet its 2019 targets, the fruit and vegetable sector is aiming to achieve an export target of US$5 billion in 2020 due to several advantages provided by new free trade agreements (FTAs).

HÀ NỘI Việt Nam is expected to achieve its export target of 6.7 million tonnes of rice this year due to high global demand, according to an official.

Vietnam, the world’s third largest rice exporter, is seeking to balance the need for sufficient rice inventories to ensure local needs and avoid shortages, and its desire to keep up exports for the income they bring in and to avoid a glut. Deputy Minister of Industry and Trade Tran Quoc Khanh addressed the issue in a recent conversation with reporters.

A promotional week of Vietnam’s red flesh dragon fruit has been held from April 2 to 8 in the three most crowded states in Australia, New South Wales, Victoria and Western Australia.

Vietnam has so far exported six fresh fruit types to the US - mango, lychee, longan, rambutan, star apple and dragon fruit, and it continues negotiations on exporting other vegetables and fruits to this potentially lucrative market.

Vietnam’s 2020 rice exports face a promising outlook due to the positive impacts of new-generation free trade agreements (FTAs) the country has signed and changes in global supply and demand caused by the Covid-19 epidemic in China and other factors.

Vietnam exported US$836 million worth of fruits and vegetables in the first quarter of 2020, a year-on-year decline of 10.9%, according to the Ministry of Agriculture and Rural Development.

While trade cooperation has flourished between Vietnam and Saudi Arabia, both sides are concerned about a trade imbalance. This year, the Vietnamese Trade Office in Saudi Arabia has launched a plan focusing on trade connectivity and introducing Vietnam’s products to the Saudi market.

The Vietnam Food Association has petitioned authorities to prioritise customs clearance of consignments of rice exports stuck at ports.