Ministry seeks to sell farm produce in face of nCoV outbreak
The Ministry of Agriculture and Rural Development held a conference in Hanoi on February 3 to seek ways to promote the trade and production of farm produce, given the complicated development of the acute respiratory disease caused by the novel coronavirus (nCoV) which originated in China’s Wuhan in late December 2019.
Hanoi (VNA) – The Ministry ofAgriculture and Rural Development held a conference in Hanoi on February 3 toseek ways to promote the trade and production of farm produce, given thecomplicated development of the acute respiratory disease caused by the novelcoronavirus (nCoV) which originated in China’s Wuhan in late December 2019.
Minister Nguyen Xuan Cuong said the nCoVoutbreak has been hurting all economic industries, especially agriculture,because China is a major market of Vietnamese farm produce, making up 22-24percent of the sector’s total export turnover.
He urged relevant agencies and localities tobuild scenarios with specific groups of solutions to deal with the outbreak for1-2 months or even 1-2 quarters.
According to Deputy Minister of Agriculture andRural Development Tran Thanh Nam, the nCoV outbreak will negatively impact the Vietnam-Chinatrade of agro-forestry-fishery products.
The limited transportation, especially thesuspension of flights from and to China, will hinder the transaction andworking between the two sides’ businesses and management agencies, he said.
To deal with the situation, the ministry hasdirected the Plant Protection Department and the Department of Animal Health tocoordinate with relevant forces in border areas to intensify the quarantine ofanimals and plants, prevent the H5N1 bird flu outbreak, and ban the import ofwildlife animal into Vietnam.
The Department of Farm Produce Processing andMarket Development will have to proactively work with trade agencies ofVietnamese embassies in countries worldwide to diversify markets foragricultural products.
Specifically, the ministry will lead a business delegationto visit Dubai on February 15 to expand the Middle East market. They will latervisit the US from February 22 and Brazil in March, while expanding the marketto Japan in March, Russia in June, Australia and New Zealand in July, theRepublic of Korea in August, Europe in the second quarter of 2020, and Indonesiaand Myanmar in the third quarter of this year.
In case the nCoV outbreak lasts for months, theministry will coordinate with businesses and localities to promote sales offarm produce at supermarkets./.
Ministries need to analyse the impact of coronavirus on both international and domestic markets, then deliver short-term and long-term solutions, Minister of Industry and Trade Tran Tuan Anh said on January 31.
Vietnam Airlines is resuming flights between Vietnam and Hong Kong, Macau and Taiwan (China) as from February 2 after the civil aviation authority permitted the resumption to repatriate affected passengers amid the novel coronavirus (nCoV) epidemic.
A drill on preventing the acute respiratory disease casued by a new coronavirus (nCoV) was held at the Hue Central Hospital in Phong Dien district, the central province of Thua Thien-Hue on February 2.
Vietnam confirmed the eighth case of infection by the new coronavirus from China’s Wuhan city, known as 2019-nCoV, on February 3, according to the Ministry of Health.
Prime Minister Nguyen Xuan Phuc has emphasised the need to reduce mass gatherings as Vietnam is ramping up efforts to cope with the threat of the novel coronavirus (nCoV).
The tourism sector of Vietnam is actively taking measures to contribute to curbing the spread of the novel coronavirus (2019-nCoV) and limiting the impact of the virus, the Vietnam National Administration of Tourism (VNAT) has affirmed.
The project rolled out 21 pilot models, from goat and pig farming to coffee cultivation and the adoption of agricultural technology, helping farmers beef up production, spruce up livestock facilities, and improve market linkages.
Vietnam is ready to serve as an important gateway for Korean enterprises to enter the Southeast Asian market. Korean firms with experience and advanced technology to engage in energy transition and national infrastructure modernisation, said Party leader To Lam.
Two-way trade between Vietnam and Cambodia topped 7 billion USD in the first seven months of the year, up 16.3% against the same time last year. Vietnam’s exports to Cambodia hit 3.2 billion USD, rising 5.1%, while imports rose 28.1% to 3.8 billion USD.
The event took place within the Vietnam–RoK Economic Forum which is part of the Vietnamese leader’s state visit to the RoK. The documents span areas including energy, digital infrastructure, manufacturing, logistics, tourism, finance, and high-quality personnel training.
According to the Ministry of Agriculture and Environment, in May, June, and July, the country exported 7,745 batches of fresh durians totaling over 207,000 tonnes, more than 10 times higher than in the first four months of the year, as well as 560 batches of frozen durians weighing nearly 16,000 tonnes, up almost 64.3%.
The global bicycle market is projected to reach 69 billion USD by 2029, growing at 4.2% annually, according to consultancy and market research company Mordor Intelligence.
After a challenging first quarter, during which many companies recorded losses, the Vietnamese cement market has experienced a remarkable recovery, with several firms unexpectedly reporting substantial profits in the second quarter of 2025.
The Party leader said Vietnam is continuing to improve its institutions, enhance the investment and business environment, and address bottlenecks to unlock resources and push ahead with economic restructuring in tandem with renewing the growth model.
Export value to Thailand reached 33 million USD in the first six months, accounting for 10% of Vietnam’s total squid and octopus export revenue and making Thailand the country’s fourth-largest single export market.
Large-scale projects invested by Korean investors in strategic sectors such as semiconductors and energy are poised to give a strong boost to foreign direct investment (FDI) inflows into Vietnam, creating momentum to attract more high-value projects from global investors.
The recent administrative merger offers a unique opportunity to establish a unified and synchronised logistics system, turning the Southeastern Key Economic Region into a high-performing hub for trade, investment, and marine economy.
Vietnam’s state budget revenue from import-export activities reached over 261.37 trillion (9.97 billion USD) in the first seven months of 2025, equivalent to 63.6% of the annual estimate and 55.6% of the targeted goal, marking a 9.1% increase year-on-year, the Department of Customs reported.
Experts warned that excessive capital concentration in high-risk sectors like real estate and securities, risks of imbalances and non-performing loans could increase.
Demand for durians in the Chinese market is surging, prompting growing interest among importers in seeking supply from Vietnam. With its geographical proximity, short transport time and distinctive flavour, Vietnamese durian is highly regarded for both quality and long-term growth potential.
EVN leaders said CMIS has advanced to version 4.0 over the past two decades, fully digitising operations and customer services while handling data for over 32 million clients and processing hundreds of millions of transactions each year.
With a combined market of over 370 million consumers, Vietnam and Indonesia leverage agricultural strengths: Vietnam leads in rice exports, while Indonesia dominates palm oil and coffee and is advancing toward rice self-sufficiency. Key cooperation opportunities span sustainable fisheries, hi-tech farming, agricultural science innovation, integrated value chains, and market access.
In the first seven months of this year, retail sales of goods were estimated at approximately 3.05 quadrillion VND, accounting for 76.4% of the total revenue and rising by 7.8% compared to the same period last year.
Under the agreement, customers will enjoy tailored financing solutions, including attractive interest rates, flexible repayment options, 100% on-road funding, exclusive offers and priority services - applicable across VinFast’s entire product portfolio. Dedicated HDFC Bank representatives will be available at all VinFast showrooms to provide on-site support, making EV ownership more accessible and convenient for a wider range of Indian consumers.
Dragon fruit for export (Photo: VNA) 
