Export of main agricultural products down 5.3 percent in 2019
The combined export value of main agricultural products was estimated at 18.5 billion USD in 2019, down 5.3 percent year on year, according to the Ministry of Agriculture and Rural Development.
Frozen clams are packaged at the factory of the Lenger Seafoods Vietnam company in Nam Dinh province (Photo: VNA)
Hanoi (VNA) – The combined export value of main agricultural products wasestimated at 18.5 billion USD in 2019, down 5.3 percent year on year, accordingto the Ministry of Agriculture and Rural Development.
Meanwhile,export earnings from fishery products were up 2.7 percent to 8.63 billion USD,and that of main forestry products up 19.2 percent to 11.2 billion USD.
Asa result, total export value of agri-forestry-fishery products in 2019 came to41.3 billion USD, an increase of 3.2 percent from 2018.
Themain export markets of Vietnam’s agri-forestry-fishery products during the yearwere China and Hong Kong (27.8 percent), the US (21.9 percent), the EuropeanUnion (11.4 percent), ASEAN (9.8 percent) and Japan (8.7 percent).
Riceexport in 2019 showed a 3.9 percent increase in volume to 6.34 million tonnesbut value was down 9.7 percent to 2.79 billion USD.
Earningsfrom vegetable and fruit also reduced by 1.9 percent to 3.74 billion USD.
Thesame situation was seen in the export of coffee, with a reduction of 15.2percent in volume to 1.59 million tonnes and a 22.4 percent decrease in valueto 2.75 billion USD.
Similarly,the export of pepper bean suffered from a 5.7 percent decrease in value to 715million USD despite an increase of 23.4 percent in volume, due to decliningexport prices.
However,goods signs were seen in overseas shipments of cassava and cassava products,which went up 3.2 percent to 2.5 million tonnes, bringing in 973 million USD, arise of 1.6 percent, despite lower export prices.
Teaexport also recorded a 6.8 percent rise in volume to 136,000 tonnes and a 13.5 percentincrease in value to 235 million USD thanks to higher export prices.
Meanwhile,total import value of agri-forestry-fishery products declined by 1.6 percent to30.9 billion USD in 2019, resulting in a trade surplus of 10.4 billion USD./.
The Department of Agriculture and Rural Development of Hanoi has so far managed and granted administrative account codes for 2,527 for facilities, cooperatives, businesses and shops which trade safe food, agro, forestry and fishery products in the capital city.
Prime Minister Nguyen Xuan Phuc said the agriculture and rural development sector must grow by 3 percent next year, during a teleconference in Hanoi on December 23.
Vietnam’s gross domestic product (GDP) increased 7.02 percent in 2019, marking the second straight year the economic growth rate topping 7 percent since 2011, according to the General Statistics Office (GSO).
Although challenges lie ahead, there remains room for agro-forestry-fishery exports to increase in 2020, according to Minister of Agriculture and Rural Development Nguyen Xuan Cuong.
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.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Frozen clams are packaged at the factory of the Lenger Seafoods Vietnam company in Nam Dinh province (Photo: VNA) 
