76.6 million USD veggie processing plant inaugurated in Tay Ninh
Lavifood Joint Stock Company officially put into operation its Tanifood vegetable and fruit processing plant in the southwestern province of Tay Ninh on January 6, hoping to make international-standard products for export to the US, the European Union, the Republic of Korea, Japan and Australia.
Tay Ninh (VNA) – Lavifood JointStock Company officially put into operation its Tanifood vegetable andfruit processing plant in the southwestern province of Tay Ninh on January 6,hoping to make international-standard products for export to the US, the EuropeanUnion, the Republic of Korea, Japan and Australia.
At theinauguration ceremony, Deputy Prime Minister Truong Hoa Binh emphasised theimportance of the plant to the country’s agriculture. He asked Lavifood leadersto better the quality of products and enhance competitive capacity to make morecontributions to the agricultural product processing sector.
Provincial authorities should accompany and support the company to raise thevalue of vegetables, while competent ministries and sectors must continueproviding assistance, and removing bottlenecks for it, he added.
According to Minister of Agriculture and Rural Development Nguyen Xuan Cuong,the plant was established in a potential land with some 400,000 hectares offertile soil, and more than 30,000 industrious farmer households.
“If there are more plants like this, Tay Ninh province will get rich fromagriculture”, he stressed.
The 15-hectare Tanifood plant was constructed in Thanh Duc commune, Go Daudistrict, at a total cost of 1.78 trillion VND (76.6 million USD). It is thefirst fruit processing factory in Tay Ninh and the largest in the country.
Equipped with advanced technologies fromGermany, Sweden, Italy and Japan, the plant includes a production line forfresh fruits and vegetables and heat treatment with a total capacity of 10,000tonnes per year, a frozen fruit and vegetable production line with a capacityof 20,000 tonnes, a production line for drying, soft-drying and sublimationdrying of fruits and vegetables, and a line for producing condensed fruitjuice.
Pham Ngo Quoc Thang, General Directorof the Lavifood JSC, said that the birth of Tanifood will help increasevalue of Vietnamese farm produce, and improve incomes of local farmers, from0.26 USD per square metre to 3.6 USD per square metre.-VNA
The Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade has supported businesses to promote Vietnam’s farm produce and food products in the world, especially Asian markets such as China and the Republic of Korea (RoK).
The vegetarian food segment has been attracting a great deal of attention from businesses in recent years and gradually satisfied the tastes of customers.
Exports of fruits and vegetables for the whole year are likely to reach 3.8 billion USD thanks to comprehensive measures taken by the agricultural sector, according to Nguyen Quoc Toan, Acting Director of the Department of Farm Produce Processing and Market Development under the Ministry of Agriculture and Rural Development.
Vietnam bagged 3.3 billion USD from vegetable and fruit exports during January-October, up 15.5 percent from the same time last year. The revenue for the whole 2018 is likely to hit 4 billion USD.
Vietnam’s fruit and vegetable export value hit 3.5 billion USD in the first 11 months of 2018, up 11.6 percent year-on-year, said the Agro Processing and Market Development Authority under the Ministry of Agriculture and Rural Development (MARD).
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
At the inauguration ceremony (Photo: VNA) 
