Farm exports boom in new year

Feb 22nd at 09:18
22-02-2022 09:18:25+07:00

Farm exports boom in new year

Farm exports to difficult markets like Japan, South Korea, Australia, and the EU have been prolific in the first two months of this year, raising hopes for a successful year.

 

Pham Thai Binh, general director of Trung An Hi-tech Agriculture Joint Stock Company in Can Tho City, said his company has fulfilled five orders for nearly 1,000 tonnes of fragrant rice from Germany, Malaysia and Qatar.

" It is expected that this year rice exports will be very successful thanks to many import markets around the world beginning to reopen after the Covid-19 epidemic was brought under control and trade agreements were signed."

Loc Troi Agriculture Products JSC, a subsidiary of Loc Troi Group, has exported more than 4,500 tonnes of fragrant, white, brown, and glutinous rice varieties worth US$3 million to Europe, the US, the Middle East, and Asia.

Nguyen Van Thu, director of GC Food Company in Dong Nai Province, said his firm shipped a container of aloe vera and coconut jelly on February 7.

His company’s exports have increased by 30 per cent in the first two months of 2022 and it has many more export orders to markets like Japan, Korea and Southeast Asia, he said.

It targets exports of VND350 billion (US$15.2 million) this year, up 67 per cent from 2021.

"The Viet Nam - EU Free Trade Agreement has creates very favourable conditions for the export of agricultural products."

General secretary of the Viet Nam Fruit and Vegetable Association, Dang Phuc Nguyen, said in January exports of vegetables and fruits to key markets such as Japan, Korea, Russia, Australia, the Netherlands and the US grew by 12-69 per cent.

Vietnamese firms are familiar with the quality and other requirements in these markets, which has helped increase exports significantly, he added.

With the forecast being that in 2022 the Covid-19 epidemic will be full controlled and the global economy will recover, GC Food has invested in modern production lines to double its total capacity to 35,000 tonnes of products a year, Thu added. 

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