Vietnam’s agro-forestry-aquatic exports enjoyed a record trade surplus of 12.07 billion USD in 2023, surging by 43.7%, and accounting for over 42.5% of the country's total trade surplus, heard a press conference in Hanoi on December 29.

VN aims to use organic fertiliser for 50% of the total cultivation area nationwide by 2050, and have at least 80% of centrally-run cities and provinces build organic fertiliser farming models as part of value chains for major and specialty products.

Seeking new markets, applying high tech, developing a cooperative economy, and building value chains will all improve the competitiveness of Vietnam’s farm produce in the world market, experts have said.

By using natural grazing and feed mixed with local herbs, Cuong can earn hundreds of millions of dong a year.

Logistics services are driving up added values of the domestic agriculture sector which has been developing quickly over the past years with an annual growth rate of 14-16%.

Agriculture has long been the backbone of Vietnam’s economy for a number of comparative advantages, such as cultivated land, forest cover, sea territories, tropical climate, and available and cost effective labour.

In 2023, Vietnam's fruit and vegetable exports to China are estimated to rise by 20-30% to US$4 billion.