Passion fruit, banana, pineapple, and coconut are emerging as Việt Nam’s next billion-dollar export items, offering strong potential to diversify the country’s fruit and vegetable sector, experts affirmed at a forum held on July 18.
According to the Vietnam Pepper Association (VPA), deeply processed pepper products accounted for about 30 per cent of total export value in 2023, up from 20-25 per cent a few years ago, but still not commensurate with the potential.
The investigation is being carried out on suspicion that these products used aluminum foil manufactured in China then completed in third countries to circumventing the antidumping duty and countervailing duty orders on aluminum containers from China.
The OCOP (One Commune, One Product) Export Products Fair will take place from August 1 to 3 this year at the Thăng Long Imperial Citadel Relic Site in Hà Nội’s Hòang Diệu Street.
The surge was attributed to the signing of a protocol in August last year, which allowed Việt Nam to export frozen durian to China and the efforts to increase investment in processing and diversify products.
The overall health of Việt Nam’s manufacturing sector weakened further in June, driven by a third straight monthly decline in new orders. Although new business decreased modestly, the rate of decline accelerated compared to May.
Tetra Pak, a food processing and packaging solutions provider, has recently announced the inauguration of Việt Nam’s first Tetra Recart packaging line with Đồng Giao Foodstuff Export Joint Stock Company (Doveco).
This year’s programme also encourages cashless transactions through QR codes and e-wallets, as in line with the national digital transformation strategy and smart city goals.
With a population of over 1.8 billion and growing import demand, South Asia is emerging as a promising export market for Vietnamese businesses, delegates said at a seminar in HCM City on June 26.
In the second quarter of this year, Vietnamese seaports witnessed a container volume boom as exporters rushed to ship goods during a 90-day pause on US reciprocal tariffs.
A Vietnamese Lychee Week is taking place in London from June 17 to 24 to promote the tropical fruit to UK consumers, drawing interest from both the Vietnamese community and local residents.