Agriculture sector fulfills targets set by government

The Ministry of Agriculture and Rural Development has accomplished targets set by the government this year, said Deputy Minister Ha Cong Tuan during a press conference in Hanoi on December 29.
Agriculture sector fulfills targets set by government ảnh 1Illustrative image (Source: VNA)

Hanoi (VNA) – The Ministry of Agriculture and Rural Development has accomplished targets set by the government this year, said Deputy Minister Ha Cong Tuan during a press conference in Hanoi on December 29. 

The sector posted a growth rate of 2.94 percent, higher than the 2.84 percent set by the government. It earned 36.37 billion USD from agro-forestry-fisheries export, over 4 billion USD higher than the same period last year, and posted a trade surplus of 8.55 billion USD, up more than 1 billion USD year-on-year. 

Under the National Target Programme on New Rural Development, 2,884 communes have been recognised as new-style rural areas, or 32.3 percent of the total, surpassing the goal of 31 percent. 

The rate of forest coverage reached 41.45 percent while violations in forest protection management fell by 23 percent and damages from deforestation and forest fires declined by 68 percent year-on-year. 

Those achievements were made despite unfavourable weather conditions this year with a record 16 tropical storms, along with floods on wide scale. Total damage from natural disasters is estimated at roughly 60 trillion VND (2.66 billion USD) this year, much higher than 39 trillion VND in 2016. 

Tuan attributed the growth to agricultural restructuring in combination with new rural development in adaptation to climate change. 

Instead of rice cultivation, priority is switched to high-value produce such as aquatic products, fruits and vegetables, and wooden furniture. 

Export of aquatic products hit a record 8.4 billion USD for the first time while wood and forestry shipments reached an all time high 8 billion USD. 

More than 1,400 cooperatives and 1,000 working groups were established, raising the total number of cooperatives to 12,200, more than 30 percent of which operate efficiently. 

Nearly 2,000 firms operating in agro-forestry-fisheries were established, marking a 3.8 percent increase annually. A number of major corporations choose high-tech and organic agriculture as main business field. 

The ministry also chose 2017 as a year of food quality and safety management. 

Up to 744 model chains of safe agro-forestry-fisheries supply have been built successfully nationwide. 

In 2018, the sector will continue taking drastic measures to ensure the safety of fresh food and small-scale slaughter houses, as well as develop material growing zones based on strength of each region, improve processing and expand new and promising markets.-VNA

VNA

See more

Ahmad Haikal Hasan, Head of the Halal Product Assurance Organising Agency (BPJPH) of Indonesia, speaks at the seminar (Photo: VNA)

Indonesia ready to cooperate with Vietnam in halal sector

Ahmad Haikal Hasan, Head of the Halal Product Assurance Organising Agency (BPJPH) of Indonesia, described Vietnam as a “potential supplier” of halal products with the capacity to play a larger role in the market, particularly in the fast-moving consumer goods (FMCG) sector. He revealed a plan to visit Vietnam next week to discuss the country’s progress in the global halal industry.

Delegates perform the opening ceremony. (Photo: VNA)

Thailand Week 2026 opens in Hanoi

The event brings together more than 100 companies, including Thai enterprises and Vietnamese importers, across about 120 booths. It features a wide range of Thai products aligned with consumer trends in Vietnam, including food and beverages, health and beauty, mother-and-baby and pet products, fashion and jewellery, household goods and tourism services.

Illustrative image (Photo: VNA)

Vietnam remains Singapore’s third-largest seafood supplier in 2025

Data released by the Accounting and Corporate Regulatory Authority of Singapore (ACRA) show that Singapore spent 125.5 million SGD (97.7 million USD) importing seafood from Vietnam last year, up 10.7% year on year, accounting for 10.3% of the city-state’s total seafood import market.

Workers assemble mobile phone components at Diem Thuy Industrial Park in the northern province of Thai Nguyen. (Photo: VNA)

Electronics exports surpass 107 billion USD in 2025

With an export turnover of 107.75 billion USD in 2025, computers, electronic products and components not only maintained their position as Vietnam’s largest export by value, but also contributed more than half of the overall increase in the country’s export turnover in 2025.

Experts said that Vietnam’s economic outlook continues to be underpinned by stable foreign direct investment inflows and public investment, which is playing an important role in driving growth. (Photo: thoibaotaichinh.vn)

Foreign investors maintain strong confidence in Vietnam’s market

Looking ahead to 2026, prospects remain bright as manufacturing, economic growth and foreign investment in Vietnam are expected to stay robust, with the country forecast to post the highest growth rate in the region this year, according to Adam Sitkoff, Executive Director of the American Chamber of Commerce (AmCham) in Vietnam.

Toy production at a Hong Kong-invested factory (Photo: VNA)

Vietnam targets deeper market penetration in Hong Kong in 2026

Vietnam-Hong Kong trade hit 62.3 billion USD in the first 11 months of 2025, soaring 73.1% annually. Vietnamese exports to Hong Kong amounted to 36.8 billion USD, a 90.6% hike, ranking fourth among Hong Kong’s import sources, while imports from Hong Kong stood at 25.5 billion USD, up 52.9% and ranking third.

Vietnam’s start-up market enters restructuring phase

Vietnam’s start-up market enters restructuring phase

In 2026, venture capital inflows into Vietnam’s start-up ecosystem are expected to recover gradually, though in a more selective manner. VinVentures forecasts that capital will focus on start-ups that have survived the rigorous screening of 2024–2025, possess clear business models, strong commercialisation capacity, and the ability to generate real cash flows.