Vietnamese firms strive to revitalise agricultural exports to China

China remains the largest buyer of Vietnam’s agricultural products, so Vietnamese businesses are making preparations to boost exports to this market when it recovers after the COVID-19 pandemic.
Vietnamese firms strive to revitalise agricultural exports to China ảnh 1Workers process pineapple at a factory of the Dong Giao Foodstuff Export JSC in Tam Diep city, Ninh Binh province (Photo: VNA)

Hanoi (VNA) – China remains the largest buyer ofVietnam’s agricultural products, so Vietnamese businesses are makingpreparations to boost exports to this market when it recovers after theCOVID-19 pandemic.

Due to the impact of COVID-19, agriculturalexports to China in the first two months of 2020 dropped 22.2 percent to 658million USD from the same period last year, but the market retained itsposition as the top destination for Vietnamese farm produce.

Over the last few days, customs clearance atborder gates has resumed.

The Kim Thanh International Border Gate No. 2 inthe northern province of Lao Cai has recorded about 100 trucks shipping goods,mainly agricultural products like dragon fruit and watermelon, to China eachday.

Dang Phuc Nguyen, Secretary General of theVietnam Fruit and Vegetables Association, told the Dau tu (Vietnam InvestmentReview) newspaper that trading activities between Vietnam and China aregradually regaining pre-pandemic levels. The Chinese Government has also taken measuresto recover trade with other countries.

He recommended businesses promote quality andfood safety and keep prices competitive to capitalise on chances to foster exportsafter the epidemic.

Chanh Thu Fruit Export – Import Company, basedin the Mekong Delta province of Ben Tre, recently exported batches of dragonfruit to China.

Deputy Director of the company Ngo Tuong Vy has recognisedpositive signs in the neighbouring market, but is still cautious since theCOVID-19 pandemic remains complex and consumption demand in China has yet tostabilise.

The price of farm produce and accompaniedservices like transportation have increased, requiring firms to respond to marketfluctuations, she said.

Vy noted her business has prepared for 2020,suggesting other companies and farmers should also take into account the worst-casescenarios. If the market is unable to recover in the second and third quarters,this year should be the time for them to restructure cultivation areas andproduction processes.

Bagico JSC, a fruit exporter based in thenorthern province of Bac Giang, is also making more plans to cope with anypossible changes in the market.

Bagico Chairwoman Nguyen Thi Thanh Thuc saidthat though exports of agricultural products to China by road are graduallyrecovering, companies should also consider shipments by sea. As exports by seatake more time, they need to make thorough preparations in terms of processingand preservation.

In 2019, the Tam Vu Dragon Fruit Cooperative inthe Mekong Delta province of Long An exported seven containers of red dragonfruit to China by sea.

Director Truong Quang An said apart from China,the cooperative is considering shipping the fruit by sea to other markets likeMalaysia, Thailand and the Middle East./.
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.