Prime Minister Pham Minh Chinh requested strengthening inspection and examination of businesses to ensure that the export of aquatic products does not violate regulations against IUU fishing.
In the first 11 months of 2022, Vietnam's export turnover of agricultural, forestry and fishery products reached US$49.04 billion, up 11.8% over the same period last year.
Several Vietnamese fruits have found their way to major markets in China and the U.S. in 2022, opening up the door for Vietnam to send more high-quality produce overseas.
Covering the domestic market, Vietnamese wood and furniture brands are still almost "unknown" in the international market since they are exported through the brands of foreign enterprises.
The agricultural sector is anticipated to rake in US$54 billion from export next year built on its impressive US$53 billion export turnover recorded in 2022, according to the Ministry of Agriculture and Rural Development (MARD).
Although the EU-Vietnam Free Trade Agreement (EVFTA) appears to be a boon for Vietnamese pepper, expanding market reach in Europe requires much more than FTA-induced tariff advantages.