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Failure to link supply-demand problematic for Vietnamese farm exports

According to Minister of Agriculture and Rural Development Le Minh Hoan, Vietnam’s agricultural sector does not factor in export demand, and so trade depends mostly on luck. "We grow produce but do not seek out markets [or assess their] demand," he said at a recent forum. He added that Vietnam needs to switch from unofficial to contracted trade, the former referring to sending agriculture produce over its borders and hoping to find buyers.

As of Friday over 1,400 container trucks were stuck at the Chinese border in Lang Son Province, 800 of them carrying farm produce, as the second biggest market for Vietnamese agricultural products continues to adopt a ‘zero Covid’ policy.

China was Vietnam's second-largest export market for agricultural, forestry and fishery products behind the U.S., posting an export value of $8.4 billion in the first 11 months of last year, accounting for 19.2 percent of Vietnam’s total agricultural exports.

Nguyen Thanh Binh, chairman of the Vietnam Fruit Association (Vinafruit), said it takes time to change a long-established habit of exporting via unofficial channels to China: "It is difficult to access the official market. Exporters need more support."

Source: e.vnexpress.net

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