Vietnam’s agricultural sector is on track to achieve the 100 billion USD export milestone in the 2026-2030 period, Deputy Minister of Agriculture and Environment Phung Duc Tien has affirmed.
Breaking down the figures, agricultural products accounted for 15.29 billion USD, up 16.3% while livestock products totalled 217.2 milion USD, an 11.7% increase.
Vietnam has recorded tangible changes in agro-forestry-fishery exports thanks to preferential tariffs in trade with member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) after five years the trade pact took effect.
The value of Vietnam's agro-forestry-fishery export to the European Union (EU) market reached 2.1 billion USD in the first half of this year, down 16.6% year-on-year, according to the Ministry of Agriculture and Rural Development.
The agro-forestry-fishery export turnover in 2022 posted a new record, hitting over 53.2 billion USD in 2022, a year-on-year increase of 9.3%, according to the Ministry of Agriculture and Rural Development (MARD).
The Ministry of Agriculture and Rural Development (MARD) will make major efforts to reach the 2020 growth target of 2.5-3 percent, with total agro-forestry-fishery export value to be about 41 billion USD, Minister Nguyen Xuan Cuong said on June 29.
Vietnam exported 30.02 billion USD worth of agro-forestry-fishery products in the first nine months of 2019, a year-on-year rise of 2.7 percent, according to the Ministry of Agriculture and Rural Development.
As many as 732 domestic businesses have obtained the Forest Stewardship Council Chain of Custody (FSC/CoC) Certification, taking the lead in Southeast Asia.
The export of farm, forestry and fishery products in March reached 3.1 billion USD, bringing the total export value of the items in the first quarter of this year to 8.7 billion USD.
