Illustrative image (Photo: VNA) Hanoi (VNA) – The Ministry of Industry and Trade (MoIT) is coordinating with other ministries, agencies and associations to organise a range of trade promotion activities, aiming to expand export markets for agricultural products, especially key staples. The MoIT’s Vietnam Trade Promotion Agency (Vietrade) and the Vietnam Food Association will organise a trip to the US and Mexico for 21 Vietnamese businesses operating in the rice sector in late July. The event is to realize the Prime Minister’s instructions on expanding American markets and is expected to help local rice exporters access major markets and ease their reliance on traditional ones. The participating enterprises must have export capacity, prestige and good infrastructure in service of rice production and business. Priorities will be given to those that want to seek new partners in North America. Besides, many trade promotion programmes have been launched in the … [Read more...] about Vietnam expands export markets for farm produce
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Vietnamese mango finds 40th export market – the US
After 10 years of persistent negotiations, Vietnam has conquered one of the most fastidious markets to export mango, the US. Vietnam can now export mango to the US From February 18 Vietnam is allowed to export Vietnamese mango to the US. Mango is the sixth fruit to gain export clearance to the US after lychee, longan, rambutan, star apple, and dragon fruit, and at the same time, the US became the 40th export market of Vietnamese mango. The US has many strict requirements for mango exports, including garden conditions, packaging, irradiation treatment, and staying in plant quarantine at import border gates. From December 2017, the Animal and Plant Health Inspection Service (APHIS) under the US Department of Agriculture has revised regulations to allow the importation of Vietnamese mango. Accordingly, APHIS experts have determined that Vietnamese mango can be imported into the US according to a systematically co-ordinated management process from planting to packaging and … [Read more...] about Vietnamese mango finds 40th export market – the US
Hanoi flower market among top spots for Lunar New Year celebrations: CNN
Quang Ba flower market at night (Photo: dantri.com.vn) Hanoi (VNA) – Quang Ba flower market in Hanoi is one of the top 13 places to celebrate Lunar New Year, according to the US’ Cable News Network (CNN). “Known as Tet in Vietnam, Lunar New Year is the most important holiday in the country. Dodging motorcyclists while visiting a local flower market is part of the fun of celebrating the festival in Hanoi,” a CNN article wrote. It explained that one essential must-have for Vietnam's Lunar New Year is a bunch of flowers, with Hanoi's Quang Ba flower market working at a frenetic pace during the festival. People seek out peach blossom ahead of Tet (Photo: hanoitv.vn) “Shoppers seek out the most eye-catching bouquets (usually peach blossom or ochna integerrima, the bright yellow blossom favored during Tet) amid the whirr and screech of the city's ubiquitous motorcycles, all transporting bright bunches of flowers on their … [Read more...] about Hanoi flower market among top spots for Lunar New Year celebrations: CNN
Hung Yen finds stable markets for farm produce
(VEN) - The Red River Delta province of Hung Yen has been efficiently promoting its farm produce, while some farmers and agricultural cooperatives have taken the initiative in forming distribution networks for their products, all contributing to successful sales. Hung Yen Province’s high quality longan in a BigC supermarket Oranges and grapefruits Nguyen Minh Quang, Deputy Chairman of the Hung Yen Province People’s Committee said the province is speeding up its agricultural restructuring towards sustainable development. Hung Yen carried out trade promotion activities to seek stable markets for its agricultural products, including a conference on promoting sales of farm produce and rural industrial products, a Hung Yen High Quality Longan Week, a Red River Delta rural industrial product and farm produce fair, and the Hung Yen Orange Festival 2018. Quang said that through the events, local farmers and cooperatives introduced their products to a large number … [Read more...] about Hung Yen finds stable markets for farm produce
Food safety key to finding overseas markets
They were speaking at a conference titled “Overcome the technical barriers for food and agricultural products to export to EU” in Ho Chi Minh City on August 17. Vietnam is still among the countries whose exports are rejected by European markets mainly because of food safety issues. Cat Chu mango has geographical indication. Photo: theone.vn Last year, the EU’s rapid alert system for food and feed (RASFF) issued 77 notifications that Vietnamese exports had not qualified for import and 23 shipments were rejected at the border. In the first half of this year, the figures were 36 and 11. Marieke Van Der Pijl, legal consultant of the Food, Agri and Aqua Business Sector Committee of the European Chamber of Commerce in Vietnam, said the main reasons for rejection included detection of antibiotics, crop protection products and other harmful chemicals, cold-chain breaks during transportation which increase the chances for bacteria to develop. Other reasons … [Read more...] about Food safety key to finding overseas markets
French group assists Hanoi in building int’l agricultural wholesale market
At the signing ceremony (Source: hanoimoi.com.vn) Hanoi (VNA) – The Hanoi Department of Industry and Trade and Semmaris Group of France will cooperate in the study and research on building an international wholesale market of farm produce in Hanoi. A memorandum of understanding (MoU) to this effect was signed in Hanoi on August 9. The signing is part of results of the France visit by Chairman of the municipal People’s Committee Nguyen Duc Chung in June 2018. Accordingly, the two sides will set up a team tasked with implementing activities regarding the survey and pre-feasibility study on the building of the market, and then move to next cooperation steps. Semmaris is responsible for operating and managing the Rungis International Market in Paris, to market real-estate properties, ensure the acceptance and security of the tenants and users, and improve the dynamism of the market’s image. During the France visit in June, Chung attended the Vietnam farm produce … [Read more...] about French group assists Hanoi in building int’l agricultural wholesale market
Vietnamese farm produce showcased at world”s largest wholesale market
The Vietnam Agricultural Products Week 2018 kicked off at Rungis International Market, the world's largest wholesale market for fresh produce, in Paris on June 26, in the hope of promoting exports of Vietnamese agricultural products to France and Europe in general. Chairman of Hanoi municipal People's Committee, Nguyen Duc Chung and Vietnamese Ambassador to France Nguyen Thiep introduce Vietnamese farm produce to CEO of Rungis International Market, Stéphane Layani The opening ceremony saw the presence of Chairman of Hanoi municipal People's Committee, Nguyen Duc Chung, Vietnamese Ambassador to France Nguyen Thiep, CEO of Rungis International Market, Stéphane Layani, and French leading groups along with 30 Vietnamese enterprises. Vietnamese enterprises introduced French and European customers to a number of Vietnam’s key farm products including mangoes, dragon fruit, lychees, lemons, grapefruit, coconuts, rambutans and a range of vegetables and spices … [Read more...] about Vietnamese farm produce showcased at world”s largest wholesale market
Scramble for the egg market
The demand for eggs is rising, with some companies wanting to boost production for export, Photo: Le Toan Ba Huan JSC recently made a splash when receiving $32.5 million worth of investment from VinaCapital’s Vietnam Opportunity Fund (VOF). According to Pham Thi Huan, chairwoman of Ba Huan, with additional capital from VinaCapital, Ba Huan is developing a poultry processing plant worth VND400 billion ($17.56 million) in Ben Luc district in the southern province of Long An. The project is slated to be inaugurated in April or May this year. The company will also expand two poultry projects in Long An’s Thanh Hoa and Duc Hoa districts, with a VND300 billion ($13.17 million) investment from VinaCapital. The expansion is expected to raise Ba Huan’s egg production capacity by 20-30 per cent. Huan said that the egg supplier currently has a local capacity of one million eggs per day. Overall, with the ongoing expansion and fresh investment from VinaCapital, the company … [Read more...] about Scramble for the egg market
VN talks trade promotion in tough markets
Trade promotion in Viet Nam is facing many difficulties as many importers, such as the US, China, Japan and the European Union, were now protecting their own farm production. Tran Van Cong, deputy director of the Agro Processing and Market Development Authority under the Ministry of Agriculture and Rural Development (MARD), made the statement at a trade counsellors’ meeting in Ha Noi on February 8 to discuss strategies for enhancing farm exports. The agricultural sector targeted a growth rate of about 3 per cent and export revenues of US$40 billion in 2018. The quality and food safety standards in these countries have become stricter. As a result, it took more time, five to seven years on average, for Viet Nam to negotiate with them to open markets for farm produce, according to Cong. Cong said in 2018, the agricultural sector would work to enhance market analysis and forecast capacity to ensure smooth consumption of farm produce and increase the marketing of key Vietnamese … [Read more...] about VN talks trade promotion in tough markets
Vietnamese female billionaires enter US market
Jaime Brown, chair of the US-based food company Delori, has stated he hopes Delori and NutiFood, his partner, would earn US$100 million a year from their cooperation. He also promised to help the Vietnamese partner shine in the US, at Walmart or the most powerful retail chains. In the immediate time, NutiFood will export Pedia Plus to the US. Within the last 24 months, two female billionaires, Engineer Mai Kieu Lien, CEO of Vinamilk, and Doctor Tran Thi Le, CEO of NutiFood, have entered the US market. Nielsen, with annual revenue of VND50 trillion, is leading the Vietnam dairy industry with approximately 50% of market share. Meanwhile, NutiFood, with revenue of VND10 trillion, dominates the market segment of ready-made powder milk and specialized products for children with 37.4% and 39.3% of market share, respectively, according to Nielsen. While Vinamilk has diversified dairy products and targets the mass market, Nutifood focuses on specific markets for old people and … [Read more...] about Vietnamese female billionaires enter US market