Agricultural product export is expected to continue to be a bright spot in Vietnam's economic picture in 2023 thanks to domestic firms’ efforts to exploit international markets.
Durian is a rising star of Vietnamese agriculture with export revenue exceeding 1 billion USD in 2023 (Photo: VNA)
Hanoi (VNA) – Agricultural product export is expectedto continue to be a bright spot in Vietnam's economic picture in 2023 thanks todomestic firms’ efforts to exploit international markets.
Nguyen Duc Hung, CEO of Global Food JSC, said from now to the end ofthis year, the firm expects to ship more than 100 tonnes of frozen farm produce each month, which triple the volume it sold in the same period lastyear.
From the beginning of this month, the company has increasedits processing capacity by 30% to complete export orders,he said.
Hung attributed the positive growth to the recovery of markets afterCOVID-19 pandemic.
Meanwhile, Vietnam Agricultural Processing and Export JSC,which specialises in exporting fruits, mostly canned pineapples to the EU,Asian markets and some other countries, has developed pineapple growing areas in manylocalities across Thanh Hoa province to ensure the supply of 100,000tonnes of materials for export processing.
Chairman and General Director of the firm Nguyen Van Quynh said that it is workinghard to complete its target of 4 million USD in exports for this year. It hasso far earned 3 million USD.
Litchi processing at Global Food JSC (Photo: VNA)
At the same time, the Director of Long Thuy Trading ProductionCompany Ltd in the Central Highlands province of Lam Dong, Vo Huu Long, said that after theMinistry of Agriculture and Rural Development and the General Administration ofCustoms of China signed a protocol, Vietnamese durians have been allowed to be officially exported to China. This year, his company enjoyed a surge in durianexport thanks to its capacity to meet all the strict requirements of partners.
According to General Secretary of the Vietnam Fruit andVegetable Association (Vinafruit) Dang Phuc Nguyen, China has been the largestconsumer of Vietnamese fruits and vegetables. Last year, China bought 43% of Vietnam’s total exported fruitsand vegetables, and the rate has increased to 65% so far this year. This is an impressive figure in decades.
With the current recovery trend, the export revenue ofagro-forestry-fisheries products is expected to soar in the last quarter of 2023towards the target of 54-55 billion USD by the end of this year, said DeputyMinister of Agriculture and Rural Development Phung Duc Tien./.
The signing of agreements and protocols on the export of farm produce to other countries has opened up opportunities to multiply the export value of these products, creating a stable income for farmers. However, it is even more challenging to maintain a foothold in foreign markets.
With steady export growth, Vietnamese farm produce is increasingly meeting market demand in terms of packaging, quality and food safety, which enhances its competitiveness and allows Vietnamese products to gain further access into the global supply chain.
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Durian is a rising star of Vietnamese agriculture with export revenue exceeding 1 billion USD in 2023 (Photo: VNA) 
Litchi processing at Global Food JSC (Photo: VNA) 
