Việt Nam''s export of agricultural products recorded impressive growth in the first month of 2024 and is expected to see a breakthrough in the whole year.
After a period of stagnation caused by the COVID-19 pandemic, many farm produce of Vietnam have recorded speedy growth in export to China so far this year and the shipments are predicted to keep increasing in the time ahead.
High logistics costs have made Viet Nam''s agricultural exports less competitive than other countries’, especially that of Thailand, despite having many advantages, according to businesses.
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.
Though the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will reduce many tariffs to zero in member countries, Vietnamse farm exports could face non-tariff barriers, according to local experts.
Wholesale supermarket MM Mega Market Vietnam has exported more than 100 tonnes of Vietnamese agricultural products for selling through 700 Big C malls in Thailand, where the two retailers share a parent.