The quantity of Vietnamese agricultural goods exported to China via border gates in the northern mountainous province of Lao Cai has witnessed a significant upswing this year, surpassing figures from previous years.
The Vietnam-US supply chain needs to be consolidated to improve its resilience and to maximise profitability for “links” in the chain, said experts at the Vietnam-US Trade Forum themed “Changes – Challenges – Adaptation”.
Vietnamese rice, spices, and fruit have been increasing their presence in demanding markets worldwide as local businesses are taking advantage of free trade agreements.
In the first quarter of this year, the export turnover of processed agricultural products of Vietnam reached US$166 million, an increase of 33 percent over the same period last year.
Secretary of the HCMC Party Committee Nguyen Thien Nhan proposed the Government to consider putting vegetable, flower and fruit into the group of national key products at the plenary session of the parliament yesterday morning.
