Though COVID-19 has sent the global economy into one of its worst recessions ever, Vietnam posted GDP growth of 2.91 percent in 2020 thanks to its solid control of outbreaks and timely support to both enterprises and local people.
Vietnam’s gross domestic product (GDP) this year is expected to grow by 2.91 percent compared to 2019, according to Director General of the General Statistics Office (GSO) Nguyen Thi Huong.
2020 has been a tough year for the agricultural sector with various risks and challenges from COVID-19 pandemic and natural disasters and climate change impacts such as drought, saltwater intrusion and flooding, according to Associate Prof. Dr. Dao The Anh, Vice Director of the Vietnam Academy of Agricultural Sciences (VAAS).
The Vietnam Association of Seafood Exporters and Producers (VASEP) has announced that China continues to closely control COVID-19 in imported aquatic products, which is likely to slow Vietnam’s exports to the country in the months to come.
The People’s Council of the northern coastal province of Quang Ninh has set overall goals and 16 specific economic, social and environmental targets for the 2021-2025 period at its 21st session, which concluded on December 9.
The US was the largest importer of Vietnamese agro-forestry-fishery products during January-November, with a turnover of 9.8 billion USD, up 22.3 percent year-on-year, according to the Ministry of Agriculture and Rural Development.
A protocol on Vietnam’s black jelly exports to China was signed during a teleconference between the Ministry of Agriculture and Rural Development and the General Administration of Customs of China on December 8.
The Ministry of Agriculture and Rural Development (MARD) has rolled out various measures to remove difficulties facing the export of agro-forestry-fisheries products and broaden markets, in order to fulfil the goal of earning at least 41 billion USD from the export of the products in 2020.
Economic development and business expansion are crucial to job creation, which in itself is significant for sustainable poverty reduction, according to Minister of Labour, Invalids and Social Affairs Dao Ngoc Dung.
Deputy Prime Minister Trinh Dinh Dung has stressed the need to keep forestry production growth at 5-5.5 percent each year in the 2021-2025 period and to continue to maintain such growth to 2030.
The Vietnam International Agriculture Fair 2020 opened on November 11 in the Mekong Delta city of Can Tho, featuring 250 stalls from 100 Vietnamese and foreign companies.
The agro-forestry-fishery sector posted a trade surplus of over 7.9 billion USD in the first ten months of this year, up 10.7 percent year-on-year, the Ministry of Agriculture and Rural Development has reported.
Vietnam aims to develop its fisheries sector into a large commodity production industry with competitive capacity and responsible and sustainable integration in line with international institutions, contributing to improving incomes for industry workers.
The agro-forestry-fishery sector posted a trade surplus of over 7.9 billion USD in the first ten months of this year, up 10.7 percent year-on-year, the Ministry of Agriculture and Rural Development (MARD) has reported.
Vietnam aims to develop its fisheries sector into a large commodity production industry with competitive capacity and responsible and sustainable integration in line with international institutions, contributing to improving incomes for industry workers.
Vietnam's seafood exports to the European Union (EU) market this year is forecast to decrease by 20 percent compared to last year, reaching only over 1 billion USD, heard a workshop held in the Mekong Delta city of Can Tho on October 16.
More than 1,000 new enterprises were established in the Mekong Delta city of Can Tho in the first nine months of 2020, accounting for 12 percent of a total 8,600 operational ones in the city at present.
Gross regional domestic product (GRDP) growth in the Mekong Delta city of Can Tho in the fourth quarter of this year has been forecast at 2.91 percent, according to the Director of the municipal Department of Statistics, Le Ngoc Bay.
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