Vietnam’s agricultural sector is determined to improve the quality of its products to meet import market standards and achieve the export target of $10 billion by 2030. Vietnam Vegetables Association secretary-general Dang Phuc Nguyen said next generation free trade agreements such as the EU-Vietnam Free Trade Agreement (EVFTA); the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP); and Regional Comprehensive Economic Partnership (RCEP) were helping pave the way for Vietnamese businesses to increase fruit and vegetable export turnover this year.
Regarding the market, vegetables and fruit exported mainly to the Chinese market in the first two months of this year, reached $352.83 million, up 17.5 per cent over the same period last year, accounting for 62.5 per cent of the total export value of vegetables and fruit of Vietnam.
The increase in exports to the Chinese market is due to a sharp growth in consumption demand during the Lunar New Year. Besides China, some other major markets for Vietnamese fruits and vegetables are the US, Thailand, Japan and South Korea.