The Institute of Policy and Strategy for Agriculture and Rural Development has forecast that Vietnam’s coffee export will increase in coming months on the back of growing global demand and free trade agreements.
Vietnam’s domestic pork supplies could fall by 20 to 35 percent this year as a consequence of African swine fever, according to the Institute of Policy and Strategy for Agriculture and Rural Development (IPSARD).
Vietnam exported 5.56 million tonnes of rice and brought home 2.43 billion USD in the first 10 months of 2019, up 6.1 percent in volume but down 9.1 percent in value over the same period last year, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam looks to enhance the values of its agricultural products in order to ensure sustainable exports via official channels amid the process of international integration.
Policies continue to discourage the production and trade of local agricultural products, research findings by the Institute of Policy and Strategy for Agriculture and Rural Development show.
The global demand for fruits and vegetables is forecast to soar in the near future, affording Vietnam a chance to expand to choosy markets such as Japan, the Republic of Korea and the US