Some export businesses said that at this time they already have about 60% of next year's orders.

Vietnam's agricultural, forestry and fishery export turnover in the past 10 months has grown by over 10%, reaching almost the same level as the whole year of 2023. Many of our strong agricultural products such as coffee, cashew nuts, rice, vegetables and fruits have achieved unprecedented growth.

In addition to the favorable factor of high export prices in the world market, according to many businesses and long-time experts in the industry, today's results are also thanks to the restructuring of the agricultural sector that has been carried out over many years. From selling what they have, Vietnamese agricultural enterprises are now selling what the market needs.

While the production block is urgently completing the last orders of this year, the leadership representative of Global Food Import-Export Company is working with many international buyers to prepare for orders in 2025. They currently have about 60% of next year's orders, and in the coming time, they will continue to negotiate with major customers to provide processed fruit and vegetable products according to the needs of the EU, Japan, and US markets.

Tan Long Group has also successfully exported 3,000 tons of high-quality rice to the Japanese market, opening up opportunities for next year, continuing to export thousands of tons of rice to this demanding market. To obtain a second license to export rice to Japan, Vietnamese rice producers must also pass over 600 standards of the neighboring market. In return, the selling price to this market is also 30% higher than our average export price of rice.

Exported fruits. (Photo: Nhan Dan Newspaper)

Thanks to proactively studying the needs of the import market to orient cultivation, changing the production model according to customer standards - this is the key point for Vietnamese agricultural products to benefit from the price increase trend of many types of goods and agricultural products in the world market over the past time.

Mr. Tran Thanh Hai - Deputy Director of the Import-Export Department, Ministry of Industry and Trade said: "The market at this time is quite stable, many types of goods have price advantages such as rice, coffee, which have increased recently and we have benefited from that".

In the Resolution of the regular Government meeting in October, the Government also requested the Ministry of Industry and Trade to preside over and coordinate with agencies and localities to support businesses to quickly and promptly meet the new standards of export markets. Promote exports to large, potential markets for products with strengths.

Source: VTV