According to the Ministry of Agriculture and Environment, the sector's GDP growth reached around 3.7-3.92%, while exports of agricultural, forestry and fishery products are estimated at 70 billion USD, far exceeding the target of 65 billion USD and generating a trade surplus of more than 20 billion USD.
In the first nine months of this year, Vietnam’s agricultural, forestry, and fishery exports totalled 52.31 billion USD, a 14% increase year-on-year, with a surplus of 15.93 billion USD, up 17.6%.
Leading the growth were agricultural products, with exports valued at 21.49 billion USD, up 17%. This was followed by forestry products at 10.38 billion USD, up 8.6% and seafood at 6.06 billion USD, up 13.8%.
Agro-forestry-fishery expanded by 3.84%, industry and construction by 8.33%, and the services sector by 8.14%, contributing 5.59%, 42.4%, and 52.21%, respectively, to the overall growth.
The agricultural, forestry, and fishery trade surplus reached 15.2 billion USD in the first 10 months, up 62% compared to the same period last year, the Ministry of Agriculture and Rural Development has reported.
According to the Ministry of Agriculture and Rural Development, the United States has surpassed China to become Vietnam's largest market for agricultural, forestry, and fishery products over the past eight months.
Deputy Minister of Agriculture and Rural Development Hoang Trung on June 6 held talks with Zhao Zenglian, Vice Minister of the General Administration of Customs of China (GACC), in a bid to enhance the countries’ agro-forestry-fishery trade.
Vietnam's economy grew 5.66% in the first quarter compared to the same period last year, the highest for the first quarter since 2020, the General Statistics Office (GSO) announced at a press conference in Hanoi on March 29.
Vietnam earned over 9.8 billion USD from agro-forestry-fishery exports in the first two months of this year, representing a year-on-year rise of 50%, and a trade surplus of 2.7 billion USD, up nearly 2.9-fold.
Vietnam’s export value was estimated at 33.57 billion USD in the first month of 2024, a sharp increase of 42% over the same period last year, contributing to generating a trade surplus of 2.92 billion USD.
Vietnamese firms and their Chinese peers inked 21 agreements and economic contracts in agro-forestry-fishery import and export, trade, logistics, and high-tech agriculture at a November 30 business networking forum held in the northern coastal province of Quang Ninh.
The agro-forestry-fishery export turnover reached 6.28 billion USD in the first two months of 2023, according to the Ministry of Agriculture and Rural Development.
Vietnam targets becoming a developed, high-income country with an equal, democratic, and civilised society by 2050 under the national master plan for 2021-2030 with a vision to 2050. The country will strive for annual GDP growth of 6.5-7.5% between 2031 and 2050, along with per capita GDP of 27,000-32,000 USD and an urbanisation rate of 70-75% by 2050.
Vietnam’s export of agro-forestry-aquatic products reeled in over 3.7 billion USD in January, down 23% against the same period last year, according to the Ministry of Agricultural and Rural Development.
Agro-forestry-fishery exports stood at over 49 billion USD in the first 11 months of 2022, higher than last year’s record of 48.6 billion USD, the Ministry of Agriculture and Rural Development said.
The number of Vietnamese labourers aged from 15 reached some 51.2 million in the first quarter of this year, up 200,000 as compared with the same period last year, according to the General Statistics Office (GSO).
Despite difficulties due to weather, natural disasters and epidemics, agro-forestry-fishery exports set new record of 48.6 billion USD in 2021, according to the Ministry of Agriculture and Rural Development.