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The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
  • You can notify us of your intent to cancel at any time during your billing period. Cancellations take effect at the end of your current billing period.
28.9 C
Ho Chi Minh City
Tuesday, May 6, 2025

Vietnam, China to boost farm trade

By T. Dao

Must read

HCMC – Vietnam’s Ministry of Agriculture and Rural Development has held talks with China’s General Administration of Customs to discuss ways to boost trade in agricultural and aquatic products between the two countries.

During the meeting, Chinese officials said they would accelerate the review and approval of export registrations for Vietnamese enterprises, a move anticipated to facilitate market access for Vietnamese goods in China, according to the Vietnam News Agency.

Vietnam’s farm produce exports to China currently account for less than 5% of China’s total imports in these categories. The ministry sees this as an opportunity to increase market share.

Both sides agreed to strengthen cooperation and plan to finalize market access protocols soon. This includes agreements for the export of fresh coconuts and frozen durians from Vietnam to China.

They also addressed the pilot export of passion fruit and chili peppers, aiming to complete necessary procedures.

The countries are working on protocols for exporting crocodiles, raw bird nests, poultry, and aquatic products from Vietnam to China. Additionally, they agreed on measures to facilitate the import of Chinese sturgeon into Vietnam, with China assisting in enhancing Vietnam’s inspection capabilities.

A protocol on the quarantine requirements for monkeys exported from Vietnam to China was signed. Leaders also finalized technical negotiations on the phytosanitary protocol for fresh coconut exports.

In 2023, bilateral trade in agricultural, forestry, and aquatic products between Vietnam and China reached US$15.53 billion. In the first five months of 2024, the trade volume was US$6.2 billion, up 2.9% over the same period in 2023.

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