Business

Agro-forestry-fishery exports target 35 billion USD next year

The agricultural sector will aim for a GDP growth rate of between 3 – 3.1 percent and total export value of agro-forestry-fisheries at 34 – 35 billion USD in 2018.
Agro-forestry-fishery exports target 35 billion USD next year ảnh 1An aerial view on rice fields. The agricultural sector will aim for total export value of agro-forestry-fisheries at 34 – 35 billion USD in 2018 (Photo: VNA)

Hanoi (VNA) – The agricultural sector will aim for aGDP growth rate of between 3 – 3.1 percent and total export value ofagro-forestry-fisheries at 34 – 35 billion USD in 2018.

Minister of Agriculture and Rural DevelopmentNguyen Xuan Cuong recently ordered his ministry’s subordinate agencies andlocalities to step up making development plans for the sector and each field in2018 towards achieving the overall goals.

Other targets for 2018 include an increase of 3.3– 3.5 percent in production value of the whole agricultural sector, a forestcoverage of 41.6 percent, and 37 percent of all communes recognised asnew-style rural areas.

Regarding crop cultivation, the minister toldthe agencies and localities to seek ways to reach a production value growthrate of 2.5 – 3 percent and export revenue of at least 16 billion USD.

[Hi-tech agriculture needs better credit policies]

Meanwhile, animal husbandry and fisheries shouldtry to expand the production values by 4 – 5 percent and 6 percent,respectively, next year. The overseas shipments of aquatic products areexpected to earn some 7.5 billion USD.

The sector plans to increase the forestryproduction value by 5.5 – 6 percent and bring home 7.5 – 7.7 billion USD fromthe export of forestry products.

In the first half of 2017, Vietnam earned 17.1billion USD from shipping agro-forestry-fishery products abroad, up 13.1percent year on year. The figure was 32.1 billion USD in 2016, according to theministry.-VNA
VNA
#agricultural sector #agro-forestry-fishery exports #Minister of Agriculture and Rural Development #Nguyen Xuan Cuong #agricultural production #forest coverage #aquatic products #forestry products #Vietnam #Vietnamese #Vietnam news #updated Vietnam news #Vietnamplus #Vietnam News Agency
Follow VietnamPlus

Related News

Export revenue likely to hit 200 billion USD in 2017

Export revenue likely to hit 200 billion USD in 2017

Vietnam is likely to reach a total export turnover of 200 billion USD for the whole year, surging over 13 percent from last year and exceeding the set target, Deputy Minister of Industry and Trade Do Thang Hai affirmed at the regular meeting held in Hanoi on July 14.

See more

According to the Vietnam Coffee Cocoa Association (Vicofa), Vietnam exported nearly 1.7 million tonnes of coffee in the first eight months of 2026, earning more than 6 billion USD. (Photo: VNA)

Vietnamese coffee exports poised for strong finish toward year-end

According to the Vietnam Coffee Cocoa Association (Vicofa), Vietnam exported nearly 1.7 million tonnes of coffee in the first eight months, earning more than 6 billion USD. Export volume rose by over 10% year on year, while export value fell by 11.2% due to lower export prices.

Ciputra is one of the landmark projects representing the presence of Indonesian investment in Vietnam since the first wave of FDI. (Photo: bietthu-ciputra.vn)

Foreign capital seeks stronger foothold in Vietnam through M&A

Foreign investors carried out 1,815 capital contribution and share purchase transactions in Vietnam in the first seven months of 2026, with total capital exceeding 6.5 billion USD. While the number of transactions fell 8.4% year-on-year, their value rose 61.6%.

At the Vietnam- Myanmar Business Forum in Hanoi on September 6 (Photo: VNA)

Myanmar President pledges to facilitate Vietnamese investment

Myanmar calls for Vietnam's cooperation in digital infrastructure development, cybersecurity, digital transformation, public services, information technology, and digital payment systems, as well as in fostering an innovation-driven business environment.

Using AI to search and process legal information (Photo: VNA)

Legal profession reshaped in age of artificial intelligence

In Ho Chi Minh City, digital transformation in the legal profession is not simply about introducing more technology into professional practice. It must also create ways of working that ensure technology serves people, while lawyers retain control and responsibility for the quality of legal services. This is particularly important in a metropolis with a large-scale economy and diverse legal needs.

Activities in Chan May Bay, part of the Chan May–Lang Co Economic Zone in Hue city. (Photo: VNA)

Hue steps up investment drive in Chan May–Lang Co Economic Zone

Covering more than 27,000ha, the Chan May–Lang Co Economic Zone is emerging as a key economic, urban, industrial and eco-tourism centre in southeastern Hue, with functional areas dedicated to seaports, industry, non-tariff activities, urban development and tourism.

The Ministry of National Defence's inter-agency inspection team visits La Gi Fish Port in Phuoc Hoi ward, Lam Dong province. (Photo: VNA)

Lam Dong's IUU fishing prevention efforts inspected

According to the Lam Dong provincial IUU Fishing Prevention Steering Committee, all 8,177 fishing vessels measuring at least 6 metres in length have been registered and updated in the national fisheries database VNFishbase.

A member of Minh Quang Cooperative in Hung Yen province works on a farm. (Photo: VNA)

Vietnam aims to link half of farm cooperatives with enterprises by 2030

The Ministry of Agriculture and Environment will promote links between cooperatives, enterprises, science and technology organisations and other economic entities along with carrying out programmes to develop concentrated agricultural, forestry and fisheries raw material areas and enhance value chain production.

The night-time economy is increasingly seen as an important avenue for Vietnam’s tourism sector to extend visitors’ stays (Photo: VNA)

Revitalising growth momentum for night-time economy

The night-time economy has moved beyond being merely an add-on service to become a new growth driver for tourism. Night-time activities can “awaken” familiar heritage spaces and breathe new life into them. Art, light and music experiences after dark can create distinctive attractions while meeting the desire of middle- and high-end visitors to explore cultural depth.

A livestream session promotes green-skinned pomelos grown in Cho Lach commune, Vinh Long province. (Photo: VNA)

E-commerce reshapes rules of game

Once fixed fees, payment fees, infrastructure charges and service packages are included, sellers may have to spend around 24.5-27.6% of their revenue on platforms. The figure shows that the era of easy selling and low costs in e-commerce has officially come to an end.