vietnam agriculture

Update news vietnam agriculture

Farmers struggle to survive price fluctuations of last 7 years

Oversupply, epidemics, price whirlwinds and smuggled goods are the problems farmers have faced for many years. Many of them have given up but others have downsized their farming scale.

Agro-forestry-aquatic product exports drop 11% in five months

Agro-forestry-aquatic product exports were estimated at 20.26 billion USD in the first five months of 2023, down 11.1% year on year, according to the Ministry of Agriculture and Rural Development (MARD).

Farmers use agricultural waste, save tens of billions of VND a year

The circular economy and organic agriculture are being adopted by many enterprises. Agricultural waste is now being re-used in farming.

Farm produce prices plummet, input material prices soar

Animal feed prices are escalating and fertilizer prices are staying at high levels. Meanwhile, prices of many kinds of farm produce are decreasing sharply, causing farmers to incur big losses.

Loan interest expenses erode the profits of agricultural enterprises

The difficult market, coupled with a sharp increase in loan interest expenses, caused the profits of many agriculture enterprises to fall in the first quarter of 2023, with some large corporations even recording heavy losses.

Businesses still unable to build strong brands for farm produce

While other countries have successfully built brand ecosystems valued at tens of billions of dong, Vietnam’s farm produce is still mainly exported in the raw state.

Large-scale farming will help develop agriculture: experts

Large-scale farming will open up a new way of development, helping to remove bottlenecks in agricultural production, which is small and fragmented, thus making it difficult to organize production and apply mechanization.

Vietnam’s spring onions are great in soups

A soup made of Vietnam’s onion will be much tastier than onions from other countries. In order to sell onions at high prices, it is necessary to ‘relate’ the story about the typical characteristic that only Vietnam’s onion has.

Agricultural authorities draft plan to grow one million hectares of low-carbon rice

Twelve out of 13 provinces in the region have signed up for the plan. They have committed to reaching 200,000 ha next year, 719,000 ha in 2025, and over one million ha in 2030.

Quality, not quantity should be emphasis in VN fruit industry

Vietnam’s fruits have entered a number of choosy markets recently, which shows the sustainable growth of the sector. But there are still things that need to be done to increase added value and gain export revenue of $6.5 billion.

Vietnam to develop sustainable aquaculture with export revenues of US$12 bln by 2030

By 2030, aquaculture production is expected to reach 7 million tonnes with export revenue of US$12 billion per year, while the growth rate of aquaculture value is expected to reach an average of more than 4.5 per cent a year.

Agricultural sector targets attracting US$25 billion in FDI by 2030

The agricultural sector targets attracting 25 billion USD in foreign direct investment (FDI) by 2030, along with 5 billion USD in loans and 1 billion USD in grants.

Vietnamese farmers on board the ‘digital agriculture train’

In the digital era, next-generation farmers can fertilize and water their fields in Binh Phuoc from afar, even in a different country.

Vietnam expects more markets to open to farm produce in 2023

In 2023, the agricultural sector will promote negotiation to open more foreign markets for local farming commodities, said Hoang Trung, director of the Plant Protection Department under the Ministry of Agriculture and Rural Development.

Agriculture eyes US$54 billion export target next year

The agricultural sector is anticipated to rake in US$54 billion from export next year built on its impressive US$53 billion export turnover recorded in 2022, according to the Ministry of Agriculture and Rural Development (MARD).

Brand positioning for VN agricultural products leads to higher profits

It took over a year to build the brand "Ruby plum," which caused the price and sales to immediately skyrocket to be on par with similar products imported from the US and Australia.

Vietnam eyes double investment in agriculture to US$34 billion by 2030

Vietnam has set a target to double the amount of foreign investment in agriculture to 34 billion USD by the end of 2030.

Transparent practices help farmers sell more produce

The optimal requirement of farm produce is safety, and without it, sales would be low.

Agricultural sector aims to raise organic fertilizer proportion to 25% in 2025

The Ministry of Agriculture and Rural Development (MARD) has set a target of raising the proportion of organic fertilizer products authorised for circulation to 25% in 2025.

Vietnam’s coconut kingdom protects organic coconut areas by biological methods

When the trend of consuming organic products is increasingly popular, the development of organic material sources has become an urgent requirement. Protecting these sources has become a great concern of producers in many countries around the world.