Tag: export markets

The northern province's over 60% of the output is VietGAP and organic certified, meeting the stringent requirements of high-end markets such as the US, EU, and Japan, while also maintaining exports to China.

Europe remains Vietnam's largest export market, importing 670,000 tons with a turnover of $3.6 billion.

In the 2014-2024 period, two-way trade turnover more than tripled, soaring from $3.3 billion to $10.1 billion, with an average annual growth rate of nearly 12%.

This situation requires close and synchronized coordination among ministries, industry associations, the business community, and especially Vietnam's network of trade offices abroad.

A key factor contributing to this challenge is the EU and Spain’s prioritization of new Free Trade Agreements (FTAs), particularly with Mexico and the Mercosur bloc in 2025.

The industry is setting its sights on a 10% growth in exports for 2025, aiming for a turnover of approximately $29 billion.

Key export markets including the US, China and Europe.

Export value likely to be down for 2023 as a whole.

Ho Chi Minh City will host the International Food Industry Exhibition (HCMC FOODEX 2022) with the theme “Connecting Values for Development” from October 19 to 22 at the Saigon Exhibition and Convention Center (SECC). A large-scale international food exhibition introducing Vietnamese brands to the world, HCMC FOODEX 2022 will also help businesses connect and conduct trade, and access information and develop strategies to innovate machinery and advanced technology into the production process, to improve competitiveness and expand domestic and export markets.