
General articles are free for 24 hours after publish.
USDA to Lead Agricultural Trade Mission to Vietnam in November
The U.S. Department of Agriculture (USDA) will lead an agricultural trade mission to Vietnam in November, aiming to strengthen economic and trade ties under the countries' comprehensive strategic partnership. Vietnam has seen significant growth in its agricultural sector in recent years.
The U.S. Department of Agriculture (USDA) will lead an agricultural trade mission to Vietnam in November. This initiative is part of broader efforts to strengthen economic and trade cooperation under the comprehensive strategic partnership established between Vietnam and the United States. Vietnam and the U.S. have built a comprehensive strategic partnership founded on mutual respect for each other's independence, sovereignty, territorial integrity, and political systems. By setting aside past differences and focusing on shared interests, the two nations have steadily advanced their bilateral relations for the benefit of their peoples. The Vietnamese agricultural sector has demonstrated significant growth, with exports of fruits and vegetables showing particular strength. Durian, for example, is projected to contribute 35-40% of the total fruit and vegetable export revenue for the current year, reaching an estimated 55-60% in July alone. The export of fertilizers has also seen a substantial rise, with a 52% increase in volume and a 107% increase in value during the first six months of the year. Domestically, key economic hubs like Hai Phong are prioritizing industry, logistics, and port services, while steering development towards high-technology, green production, and sustainability. The Da Nang Hi-Tech Park is also poised for operations, having completed all necessary administrative procedures under its special economic zone policies. Investment in infrastructure continues to be a focus, with projects like the "Hoa Phuong Do" (Flamboyant Flower) train connecting Hanoi and Hai Phong serving as a successful example, having transported around 1.33 million passengers since its May 2025 launch. In the digital realm, Vietnam exhibits a high adoption rate of crypto assets, signaling potential for innovation and a growing need for robust regulatory oversight. The upcoming USDA trade mission is anticipated to foster deeper engagement between American agricultural businesses and the Vietnamese market, exploring new avenues for trade and investment in a sector that is increasingly vital to Vietnam's economy.
Original source
VietnamPlus English