(VEN) - The Ministry of Industry and Trade is continuing to work with other ministries, sectors and business associations to help Vietnamese businesses expand farm produce exports. Processing agricultural products for export In late July, the Vietnam Trade Promotion Agency (VIETRADE) under the Ministry of Industry and Trade, in coordination with the Vietnam Food Association, organized a rice business delegation from 21 Vietnamese companies to the US and Mexico to help Vietnamese rice exporters access big markets and decrease dependence on specific and or traditional markets. The participating enterprises were chosen according to their export capacity, reputation and infrastructure in service of rice production and business. Priority was given to those seeking new partners in North America. In September, VIETRADE in cooperation with the Vietnam Fruit and Vegetable Association will take Vietnamese businesses to the Asia Fruit Logistica Hong Kong 2019 in order to help … [Read more...] about Ministry helps firms expand farm produce export markets
Export market access
Vietnam expands export markets for farm produce
Illustrative image (Photo: VNA) Hanoi (VNA) – The Ministry of Industry and Trade (MoIT) is coordinating with other ministries, agencies and associations to organise a range of trade promotion activities, aiming to expand export markets for agricultural products, especially key staples. The MoIT’s Vietnam Trade Promotion Agency (Vietrade) and the Vietnam Food Association will organise a trip to the US and Mexico for 21 Vietnamese businesses operating in the rice sector in late July. The event is to realize the Prime Minister’s instructions on expanding American markets and is expected to help local rice exporters access major markets and ease their reliance on traditional ones. The participating enterprises must have export capacity, prestige and good infrastructure in service of rice production and business. Priorities will be given to those that want to seek new partners in North America. Besides, many trade promotion programmes have been launched in the … [Read more...] about Vietnam expands export markets for farm produce
SME success dependent on right market access support
The role of small- and medium-sized enterprises (SMEs) in today’s business landscape cannot be ignored. In the Asia Pacific region, SMEs not only account for the majority of employment and job creation, they make significant contributions to GDP in many related markets. By Hardy Diec - Managing director, FedEx Express Indochina Recent research commissioned by FedEx shows that in Vietnam, eight out of 10 SMEs that engage in imports and exports are exporting to markets outside of the Asia-Pacific, higher than the regional average of 71 per cent. Around 57 per cent of those are optimistic and believe they will see a further increase in exports beyond the region in the year ahead. At the same time, SMEs in Vietnam are even more bullish about exports within the Asia-Pacific, with almost two-thirds anticipating increased revenue growth. Clearly, there is significant opportunity for trade within these markets. SMEs are increasingly looking for opportunities to grow their … [Read more...] about SME success dependent on right market access support
Son La Province boosts longan exports
Chinese visitors at Son La Province farm produce booth at the Pingxiang Fruit Experience Center in Guangxi, China According to the Son La Province Department of Industry and Trade, in early August, the province’s Song Ma District exported 40 tonnes of longan to China, earning revenues of VND440 million. This is the district’s first official longan shipment to China in 2018. Before that, the province used to sell a large amount of longan to China through border trade. Le Quang Trung, Deputy Director of the Son La Province Department of Industry and Trade said that in recent years, along with promoting safe farm production development, Son La has been seeking market access and expansion for its produce. At the start of this year’s longan season, Son La launched a longan and safe produce week at the Pingxiang Fruit Experience Center in Guangxi, China, in addition to similar events at domestic supermarkets in Hanoi such as Big C and Hapro. The events demonstrated … [Read more...] about Son La Province boosts longan exports
Vietnam looks to develop new markets for tra fish
Vietnam looks to develop new markets for tra fish The Saigon Times Daily Farmers are seen harvesting tra fish from a pond. Vietnam looks to develop new markets for tra fish – PHOTO: TTXVN HCMC – Vietnam’s tra fish is facing many challenges in terms of market development, especially in light of the current U.S.-China trade war, a VietnamPlus news report stated. According to the European Union (EU) statistics agency, Eurostat, Vietnam's tra fish exports, particularly frozen tra fish fillets shipped to the EU, have tumbled since 2010. The year 2010 saw Vietnam ship 220,000 tons of frozen tra fish fillets, but this dropped to some 75,000 tons last year. The local news site quoted Dr. Paul S. Valle, an expert from Norway, as saying that tra fish products in general have encountered many difficulties in the EU market and face fierce competition with cheaper fish products. Market access for tra fish is also difficult due to the spread of inaccurate information and … [Read more...] about Vietnam looks to develop new markets for tra fish