Việt Nam's rice exports to Europe continued to grow in the first quarter of 2022, thanks to the Europe-Việt Nam free trade agreement (EVFTA), according to the Ministry of Industry and Trade (MoIT).
Vietnamese rice, spices, and fruit have been increasing their presence in demanding markets worldwide as local businesses are taking advantage of free trade agreements.
Analysts forecast that Việt Nam's fertiliser industry will continue to grow in the short term thanks to the opportunity to increase its market share in the international market.
Despite the recent backlog of vehicles at customs posts, China was still the largest consumer of Vietnamese fruit and vegetables in 2021.
Lộc Trời Group (LTG) has announced that it completed the export of one final batch of rice this year to Europe, including 4,170 tonnes of jasmine and white rice.