Railway and aviation logistics giants and farm produce trading firms discussed cooperation Railway and aviation logistics giants and farm produce trading firms on September 8gathered at a roundtable to discuss improving the transportation links to better serve farm produce trade in the future. Strengthened hand-shakes in need Addressing the event, Tran Thanh Hai, deputy director of the Agency for Foreign Trade under the Ministry of Industry and Trade (MoIT) said that farm produce is one of the sectors that greatly contribute to the country’s total export turnover with many key export items such as rice, coffee, cashew nuts, pepper, and rubber, among others. In 2019, farm produce export turnover reached nearly $25.5 million, in which six out of the nine key staples reported an export turnover of over $2 billion each. He, however, said that in addition to the achievements, Vietnam’s farm produce exports are still facing some challenges, with logistics costs being the backstop holding back farm produce from increasing its competitiveness. Therefore, cooperation between railway and aviation firms and farm produce traders should be enhanced. According to a recent study on the means of transport for farm produce trading, roadways remain the top selection thanks to its flexibility and fast delivery, especially for exports… Read full this story
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