Hanoi (VNA) – Stronger links between farmers, cooperatives and businesses, and trade promotion agencies are key to expanding overseas markets, increasing export value and supporting Vietnam’s double-digit growth target.
Close cooperation between producers and businesses helps secure stable supplies and improve market access. For Seng Cu rice in Than Uyen, Dung Long Co., Ltd. provides seeds, fertilisers and technical guidance to farmers while purchasing their harvests, ensuring stable raw material supplies for brand development and market expansion.
In Lang Son province, the Huu Lung Green Agriculture Cooperative is seeking wider distribution channels for its custard apples. However, Director Le Duc Hai said the product needs better packaging, branding, traceability and documentation to meet modern retail requirements. Effective collection, storage and distribution are also essential for perishable products.
Similar cooperation in the Tay Con Linh mountains helps maintain the quality of Shan Tuyet tea through guidance on cultivation and harvesting, ensuring reliable supplies for businesses and stable outlets for farmers.
Trade promotion must therefore go beyond fairs and product advertising to connect businesses with buyers while ensuring consistent quality, supply and delivery, particularly as export markets impose stricter requirements on traceability and environmental standards.
Coffee illustrates the potential for greater export value. Vietnam exported around 1.33 million tonnes worth 6.03 billion USD in the first eight months of 2026. The sector is seeking to increase value through processing, branding and deeper integration into global supply chains. Trade promotion in markets such as Chile and Germany also helps businesses connect with buyers and understand consumer preferences.
Vu Ba Phu, Director of the Vietnam Trade Promotion Agency under the Ministry of Industry and Trade, said the 2026-2030 strategy would put businesses and markets at the centre of trade promotion, prioritising tangible results over the number of activities.
The strategy focuses on sectors with competitive advantages, promising markets, stronger international business connections and more effective use of free trade agreements. The ministry is also developing a national trade promotion ecosystem and digital platforms to help businesses access market information, find partners and facilitate transactions.
A programme to help Vietnamese businesses expand internationally during 2026-2030 will support business planning, participation in regional and global value chains, overseas expansion and cross-border e-commerce.
Market diversification is another priority, with opportunities being explored in the Middle East, India, Latin America and Africa alongside established markets such as the US, Europe, China, Japan, the Republic of Korea and Southeast Asia.
Phu stressed that achieving double-digit export growth requires substantive connections with international buyers and deeper participation in global value chains. Businesses must also improve product quality, ensure stable supplies, strengthen branding and meet market-specific standards to retain customers and increase export value./.
VNA
See more
Vietnam–EFTA trade deal seen opening door to capital, technology, skills
EFTA companies investing in Vietnam would gain a suitably trained workforce, while young, adaptable Vietnamese workers would acquire skills, higher incomes and access to high-value industries, helping the country move beyond its image as a low-cost processing and manufacturing base.
Vietnam-EFTA free trade deal offers more trade, investment opportunities: Int’l media
EFTA data show that Vietnam-EFTA trade reached 4.8 billion EUR (5.38 billion USD) in 2025, with Vietnam recording a trade surplus of 2.5 billion EUR. This existing trade volume provides a foundation for both sides to further tap trade and investment potential once the agreement takes effect.
Coteccons recognised as Vietnam National Brand for second year in a row
Coteccons has officially been recognised as a Vietnam National Brand 2026, marking the second consecutive time the company has achieved this prestigious title.
Dien Bien province promotes cross-border investment with China, Laos
At the conference, investment approval decisions were granted to 20 investors for projects totaling over 7.5 trillion VND in capital. Additionally, memoranda of understanding were exchanged between Dien Bien and six investors, representing nearly 12 trillion VND in registered capital.
Governor calls for targeted interest rate cuts to support businesses
Governor of the State Bank of Vietnam (SBV) Pham Duc An said the SBV will continue supporting credit institutions in addressing difficulties but not sacrifice system safety. Interest rate management should therefore combine lower funding costs with reduced operating expenses, profit-sharing and measures to curb unhealthy competition for deposits.
Digitalisation helps streamline cargo clearance
APEC workshop promotes responsible, trustworthy AI governance
Greater exchanges of experience and cooperation in AI governance are of practical importance to all participating economies.
Vietnam–EFTA trade deal opens up new chapter in cooperation: Norwegian, Swiss ambassadors
Norwegian Ambassador Stein Iversen told the press that the lengthy negotiations reflect the complexity of the issues and the breadth of cooperation, as well as the parties’ commitment to their ties.
Vietnam pavilion makes strong impression at US International Furniture Fair
The exhibits feature diverse designs, from modern, minimalist furniture to handcrafted products reflecting Vietnamese identity. Businesses combine natural and engineered wood, rattan, bamboo and other materials while focusing on design, finishing and customisation to meet different market demands.
Ho Chi Minh City to host Nordic-Vietnam Business Summit
Nordic companies’ long-standing presence in Vietnam reflects business models built around productivity and standards rather than cost competitiveness.
Vietnam seeks greater control over global agricultural value chains
Wood, coffee, rubber, pepper and rice have established Vietnam’s presence in international markets. While businesses are shifting towards higher-value processing and branded products, many remain concentrated in manufacturing and raw material exports.
Seafood exports see opportunities to accelerate growth at year-end
Vietnam's seafood exports could exceed 12 billion USD this year if demand from China remains strong and peak-season orders proceed without disruption, according to VASEP.
Reference exchange rate down 4 VND at week’s beginning
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,915 VND/USD, and the floor rate 24,351 VND/USD.
Vietnam key to Canada’s market diversification strategy: conference
As Canada–US trade relations face numerous challenges, experts said expanding cooperation with stable, complementary economies such as Vietnam has become a strategic priority for Canada, heard a recent international conference.
Vietnam-Denmark trade ties gain fresh momentum
Vietnam-Denmark trade reached 609.47 million USD in the first eight months of 2026, up 37.5% year-on-year. Vietnam’s exports to Denmark totalled 346.81 million USD, an increase of 27.7%, while its imports rose 53% to 262.66 million USD.
Da Nang expands tourism markets through 7,000 business connections
Held under the theme "Connecting Partners, Creating Future", the Da Nang International Tourism Festival 2026 brings together more than 300 tourism service providers, 150 international buyers, 400 domestic buyers and over 1,500 delegates and visitors.
Swiss President hails new Free Trade Agreement at Swiss-Viet Economic Forum 2026
Swiss President Guy Parmelin has described the newly signed free trade agreement (FTA) between Vietnam and the European Free Trade Association (EFTA) as a strategic commitment to closer economic cooperation, expected to strengthen legal certainty, improve market access and create fresh opportunities for businesses from both sides.
Vietnam seeks to expand trade ties with new markets in Middle East
Vietnam attaches great importance to expanding trade relations with new markets, including Lebanon, in the Middle East and Africa, viewing this as a driving force for the country’s economic growth and development.
Dien Bien fair promotes Vietnam-Laos -China trade links
The 2026 Dien Bien International Trade Fair opened in Dien Bien Phu ward, Dien Bien province on the evening of October 17, expected to boost economic growth, promote border trade and expand opportunities for investment attraction and business cooperation in the northwestern region.
Vietnam, EFTA sign free trade agreement after 14 years of negotiations
The Vietnam-EFTA Free Trade Agreement is expected to open up new avenues for cooperation and provide fresh impetus for economic growth, innovation and sustainable development, delivering tangible benefits to people and businesses in Vietnam and EFTA member states.
