Nearly 3,000 Vietnamese firms have received codes granted by China, enabling them to export farm produce and food products to the Chinese market.

China is a loyal export market for Vietnam’s farm produce. Five Vietnamese products exported to the market have brought turnover of $1 billion or higher.

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, rice and other farm produce such as sugarcane, coffee and sweet potatoes have seen prices rise to record highs.

Many agricultural products such as rice, coffee, cashew and durian have set their own records in export revenue, contributing to brightening the picture of Vietnam’s exports for this year.

Natural fresh dehusked coconuts from Vietnam have officially been licensed to enter the US market, with the fruit product expected to bring in US$1 billion in the near future, according to the US Department of Agriculture.

The Ministry of Agriculture and Rural Development yesterday announced that China is becoming the largest consumer of Vietnamese agricultural products.

China, the US, and Japan continued to make up the three largest export markets for Vietnamese agricultural, forestry ,and fishery products in the opening seven months of the year, according to the Ministry of Agriculture and Rural Development.

According to economists, Vietnam’s exports of agriculture, forestry and fishery have low value because the country has sold raw materials.

Vietnam's farm produce such as rice and coffee is acutely vulnerable to El Nino.

Vietnam's agricultural exports to China have surged, solidifying its position as the top trading partner for Vietnam and propelling export growth.

Chinese importers highly appreciate the quality of Vietnam’s farm produce, saying they want to buy in large quantities. But, in fact, the two sides continue to make modest transactions and there is no sustainable supply value chain.

With the export of several agricultural products such as rubber, coffee, and pepper gradually recovering, there remains a positive outlook ahead for export growth to major markets in the second quarter of the year.

The European Union (EU) began strict phytosanitary inspections on agricultural imports, including those originating from Vietnam, from September 1, according to the Plant Protection Department.