Vietnamese farm produce seeks to reach further in global market
Improving quality is an urgent and long-term solution to help Vietnamese farm produce make inroads into global markets, according to Minister of Agriculture and Rural Development Nguyen Xuan Cuong.
The agricultural sector was able to maintain growth thanks to increases in the export of fruit and vegetable, aquatic products, and forestry products. (Illustrative image. Source: VNA)
Hanoi (VNA) – Improving quality is anurgent and long-term solution to help Vietnamese farm produce make inroads intoglobal markets, according to Minister of Agriculture and Rural DevelopmentNguyen Xuan Cuong.
He emphasized that quality improvement should beconducted in all industries, particularly in the context of arising technicalbarriers in many import countries and unexpected changes in world trade.
He added that the ministry is negotiating toopen more export markets while maintaining traditional ones and limitingdependence on certain markets.
The ministry is also optimising opportunitiesfrom free trade agreements and focusing on market development forecasts,especially in key markets such as Europe, Japan and China, he added.
According to director of the ministry’s AgroProcessing and Market Development Authority (AgroTrade) Nguyen Quoc Toan, theexport turnover of the main agricultural products including rice, coffee andcassava fell 5.6 percent year-on-year to 5.2 billion USD in the first fourmonths of 2019.
However, the agricultural sector was able tomaintain growth thanks to increases in the export of fruit and vegetable (up7.03 percent year on year in January-April to more than 1.4 billion USD), aquaticproducts (up 2.4 percent to 2.48 billion USD), forestry products (up 17.8percent to 3.2 billion USD).
Toan said exports of agro-forestry-fisheryproducts in the next few months are forecast to see more positive changes, butdifficulties and challenges lie ahead, such as stricter technical barriers fromimport markets and global trade volatility.-VNA
Vietnamese agricultural products have many opportunities to enter the European market, but exporters need to understand local consumption trends and come up with suitable brand-building strategies, said experts at a conference on promoting farm produce exports to Europe.
Export revenues of agro-forestry-fishery products in April is estimated to hit 3.5 billion USD, pushing the figure in the first four months of this year to 12.4 billion USD, equivalent to the figure recorded in the same period last year, reported the Ministry of Agriculture and Rural Development.
Vietnamese agro-forestry-fishery products are now available in 180 countries and territories thanks to Vietnam’s increasing global economic integration and implementation of free trade agreements.
Building agro-forestry-fishery high value chains is crucial for the sustainable development of the agriculture sector in the context of international integration, experts have said.
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The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
The agricultural sector was able to maintain growth thanks to increases in the export of fruit and vegetable, aquatic products, and forestry products. (Illustrative image. Source: VNA) 
