More Vietnamese agricultural products open doors to China

Fresh coconuts, avocados, custard apples, citrus fruits and frozen fruits will be the next Vietnamese agricultural products that China promotes to open its market.

At the Vietnam-China Joint Statement on December 13 during the visit of Mr. Xi Jinping, the Chinese side said it would open the market for many potential Vietnamese agricultural products, including fresh coconuts and fruit products. frozen, Vietnamese citrus fruits, avocados, custard apples, and whips are exported to this country.

Other items such as oriental medicinal herbs of plant origin, beef, pork, and products from livestock and poultry are also facilitated by neighboring countries for import.

On the contrary, Vietnam will increase sturgeon imports from China, exchange and promote healthy development of related fields and occupations.

In the past three years, Vietnam has focused on improving the quality and traceability of agricultural products, so the output of this group of products exported to China has skyrocketed. In 10 months, China spent more than 3.2 billion USD importing fruits and vegetables from Vietnam, bringing agricultural product import turnover to a record number of over 7.5 billion USD.

In general, Vietnamese agricultural products exported to China account for more than 10% of the market share in this country. In particular, Vietnamese durian contributes to 25% market share, mango over 10% here.

14 types of agricultural products, of which 9 fruit items are officially exported (dragon fruit, longan, rambutan, mango, jackfruit, watermelon, banana, mangosteen, durian) bring billions of dollars in revenue.

Watermelon is the next fruit that will be officially imported into China, according to the Protocol signed between the two countries on the occasion of Mr. Xi Jinping's visit.

 Some agricultural products account for a high proportion in the "basket" of goods exported to China. Graphics: Do Nam

According to the Ministry of Industry and Trade, China is currently Vietnam's largest trading partner, with two-way trade turnover reaching 235 billion USD in 2022, more than 4 times higher than 2014.

In today's joint statement, the two countries also agreed to apply measures to expand the scale of bilateral trade in a balanced and sustainable manner. Measures to ensure a smooth supply chain of goods and pilot smart border gates at Tan Thanh - Po Chai and Huu Nghi border gates to increase customs clearance efficiency were also agreed to be promoted by the two countries.

Agriculture, infrastructure, energy, digital economy, and green development will be new industrial fields in which the two countries promote investment and cooperation.

Vietnam encourages and supports businesses with real capacity, reputation, and advanced technology to invest, and vice versa, in areas where each country has needs and development strategies, according to the Joint Declaration.

Projects using non-refundable aid from the Chinese Government, such as the project to build two new Traditional Medicine Hospitals, will be accelerated.

The leaders of the two countries also agreed to increase bilateral and multilateral cooperation in the field of key minerals based on market principles and a spirit of substance, sustainability, and ensuring security of production and energy supply chains.

According to vnexpress.net