Key agro-products present ways to enter new markets

by VTV412 June 2017 Last updated at 07:29 AM - At the recent briefing of the Ministry of Agriculture and Rural Development to review the nation's agricultural exports, it was concluded that if the current export growth rate is maintained for the rest of the year.

Bac Giang litchi is entering its peak of harvest and consumption. The labelled litchi, which has traceable origins, has attracted investment from many Chinese businesses. It is expected that about 50,000 tonnes of litchi will be exported to this market.

"Geographically speaking, we are close to the Chinese market, so it's an advantage. Chinese traders are also our traditional partners. Local authorities in China also facilitate trade with us", Tran Quang Tan - Director of Department of Industry and Trade, Bac Giang Province - said.

"We have tested he national quarantine centres. Registration procedures now only take two hours, which is 60% shorter than before. We will exchange trade information with you to create the most favourable conditions for Vietnam's export season", Lang Tinh Cao - Deputy Mayor of Pingxiang City, Guangxi, China - said.

According to the Plant Protection Department, Australia has released its final assessment of biosafety requirements for dragon fruit before finalising their decision on imports. Meanwhile, several importers from the United States, Japan, and Korea have come to Vietnam to find suppliers for other agriculture products. Meeting market demand will be a big issue for Vietnam in the second half of the year.

"The biggest challenge I see here is the price issue. I find it higher than in other countries. So we'll be less competitive. In the long run, I think businesses will still be interested in this issue. The second difficulty is product quality. Although Vietnam's agro-product quality has been endorsed by both the government and its enterprises as a world destination for seafood, this still requires constant effort. Any negative information can cause long-term effects", Nguyen Hoai Nam - Deputy General Secretary of Vietnam Association of Seafood Exporters and Producers - said.

While demand from the US has decreased, Japan has become the largest market for Vietnamese shrimp. With Japan's reputation for high standards, this will help Vietnamese seafood enter new markets.


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Mid-market rates: 2018-06-21 17:27 UTC