Vietnam promotes export of processed agro-forestry-fisheries products
The project aims at improving the quality and value of agro-exports to meet the regulations of importers.
Around 60% of Vietnam’s agro-forestry-fisheries exports are expected to be processed, significantly contributing to its total growth of 6%-8% annually by 2030, according to the latest plan approved by the Prime Minister.
Vietnam's agro-exports strive to earn around US$60-62 billion by 2030. Photo: VGP |
The project, aiming to promote the export of agricultural, forestry and fishery products by 2030, sets an export value of around US$60-62 billion, including US$25 billion from major farm produce, US$17 billion from forestry products and US$15 billion from seafood.
Among agricultural exports, about 40% of the products will be national brands and 70% will have traceable origins.
The plan will also improve the quality and value of agricultural exports to meet the regulations of importers, as well as assisting Vietnamese exporters in protecting intellectual property right, safeguarding their positions and brands in the international market.
Positive signs
In January, export growth increased by 27.1% compared to the same period of last year, according to the Ministry of Agriculture and Rural Development (MARD).
Wood and wooden products achieved good results in terms of value last month despite Covid-19. Photo: Nguyen Thuy |
Despite many difficulties caused by Covid-19, most of the main commodity groups such as seafood, wood and wooden products achieved good results in terms of value last month.
Regarding seafood, the global demand for shrimp is likely to rise, especially in the context of complicated developments relating to the pandemic. Shrimp exports are expected to gain robust growth and reach more US$4 billion in revenue in 2021 providing that Vietnamese enterprises take full advantage of free trade agreements, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
To promote the export of agricultural products, the MARD in coordination with localities has promoted the issuance of codes for farming areas, associated with geographical indications, Minister of Agriculture and Rural Development Nguyen Xuan Cuong said. The ministry also has planned to change the way of doing business, consumption and export of key products.
The ministry will coordinate with the Ministry of Industry and Trade, relavant agencies and enterprises to improve market forecasts and promptly inform localities and enterprises so that they could adopt appropriate production and business plans.
Other News
- Hanoi to develops craft villages for sustainable growth
- Deputy PM calls for review and improvement of value chain mechanisms
- Hanoi boosts sustainable aquaculture with high-tech farming
- Hanoi craft contest to fosters artisanal preservation
- Hanoi expands safe supply chains
- Farm economy – bright spot of Hanoi agriculture in 2024
- Conservation and promotion of medicinal plants in Hanoi
- More than 100 four-star OCOP products recognized in 2023
- Italy expects to become Vietnam’s leading agricultural partner
- Hanoi cooperatives expect breakthrough in 2024
Trending
-
Culture is national asset: Vietnam PM
-
Hanoi Times podcast - Apr. 20
-
Cultural similarities provide basis for Vietnam-Italy cooperation in various fields
-
[Video]Hanoi beauty spots featured in saxophone legend Kenny G's music video
-
Colorful stage shows in Hoan Kiem Lake pedestrian area
-
It happened as it had to happen
-
Hanoi street where dead appliances come back to life
-
Vietnam’s economy urged to rely on internal strengths to weather global uncertainties: ADB
-
Vietnam, Thailand advance realization of “Three Connections” strategy