MoIT strives to boost agri-aquatic product export to Australia
The Ministry of Industry and Trade (MoIT) has joined hands with other ministries and sectors to promote the export of agri-aquatic products to Australia.
Workers process frozen shrimp for export at a factory in Ca Mau city (Photo: VNA)
Hanoi (VNA) – The Ministry of Industryand Trade (MoIT) has joined hands with other ministries and sectors to promote theexport of agri-aquatic products to Australia.
According to the Ministry’s Import-ExportDepartment, Australia is among the largest buyers of farm and aquatic products ofVietnam, making an annual average import value of 450 million USD in 2011 –2016.
The MoIT has actively worked with the Ministryof Agriculture and Rural Development (MARD) to address technical barriers to bringshrimps and fresh fruits to Australia.
After a long time of negotiations, Vietnam’s lychees and mangoes were first shippedto Australia in 2015 and 2016, respectively.
The MoIT and the MARD have been working hard for the export of other freshfruits, such as dragon fruits, longan, star apple and rambutan to the market.
They have made tireless efforts to winAustralia’s acceptance of Vietnam’s applications for importing raw shrimps thatare caught naturally in Australia for processing, and then re-exported toAustralia.
The two ministries are working together in urging the Australian Department ofAgriculture and Water Resources to accelerate the recognition of Vietnam’s shrimpsafety from white sport disease and the quality safety control system to allowVietnam to ship its fresh whole shrimps to the market as soon as possible.
They have also provided support for the Vietnam– Australia Group and Minh Phu Company to soon sell their high-quality shrimpproducts to the Australian market.
According to Vietnam’s Trade Office in Australia, Australia is the 7th largestimport market of Vietnamese shrimps, which consumes 3.6 percent of thecountry’s total shrimp export volume.
In 2016, Vietnam earned 114.6 million USD fromshipping shrimps to Australia, 78 percent of which was processed shrimps.
In the past five years, Vietnam has been thelargest supplier of processed shrimps for Australia. Despite the market’sstrict requirements, it is considered a promising market for Vietnamese firmsdue to high and increasing demand. Meanwhile, Australia tends to narrow downits import markets and focus on only major ones, which is also an advantage forVietnam.-VNA
The Australian Department of Agriculture and Water Resources has announced that the government decided to lift the shrimp import suspension on some products.
The Australian Department of Agriculture and Water Resources has received a document from the National Agro-Forestry-Fisheries Quality Assurance Department (NAFIQAD) affirming that Vietnam is able to meet all requirements in Australia’s new import conditions for processed shrimps.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.