Vietnam needs more organic products to increase revenue from agro export
This is because a large number of consumers in the EU chose organic and natural foods.
- Country:
- Vietnam
Experts have suggested Vietnamese exporters to develop more organic products to increase agro exports to EU. Recently a workshop was held in Hanoi on August 7. Experts recommended more and more production of organic products. This is because a large number of consumers in the EU chose organic and natural foods.
Vietnam due to its tropical agriculture advantages and natural environment produced a lot more variety of agricultural products. The products have a high nutritional and commercial value.
Talking about the agro sector, Do Kim Lang, Deputy Director of the Vietnam Trade Promotion Agency under the Ministry of Industry and Trade revealed that by the end of June 2018, Vietnam managed to have more than ten key farm products available to export.
Through the export of these products, Vietnam collected revenue of more than USD 1 billion. The products which Vietnam exported were coffee, rice, cashew nuts, fruit and vegetables, and pepper. In the world rankings, Vietnam respectively ranks first, second and third in exporting pepper, coffee, and rice.
Vietnam lacks in processing capacity and brand names making it difficult for the export turnover and export volume to match.
Tran Ngoc Quan, Deputy Director of the MoIT's Department of European and American Markets suggested exporters to have a good knowledge of needs of the buyers. He also suggested them to seek cooperation with foreign partners and global chains so as to improve workers' skills and productivity.
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