Export value | |
---|---|
Wood and wood products | 13.37 |
Fruits and vegetables | 5.69 |
Rice | 4.78 |
Coffee | 4.18 |
Cashew | 3.63 |
Shrimp | 3.38 |
The above targets are part of the Government's Decision 1748/QD-TT, approving a strategy for crop cultivation development until 2030 with a vision towards 2050.
The strategy targets to develop farming into a tech-based sector with highly competitive products to ensure food safety and national food security.
The export turnover of farm produce is expected to reach US$26 billion by the end of this decade.
The crop production value is projected to increase by 2.2-2.5 percent on average annually and the added value of processing agricultural products is expected to grow 8-10 percent on average a year.
The rate of crop product value produced under the cooperative and linkage forms is expected to reach 30-35 percent of the total value of the sector, while export turnover of crop products per hectare of farming land is expected to hit VND150-160 million (US$6,181-6,593).
The total area of rice farms will be kept stable at 3.56 million hectares with an expected output of over 35 million tons of rice.
The strategy also plans to develop clusters linking production with processing and consumption of vegetables in localities and regions in a bid to beef up big yields and origin traceability.
By 2025, the country will have 107,000 hectares of high-quality coffee, while the area of specialty coffee will be increased to 11,500 hectares by 2030 with an output of about 5,000 tons.
Rubber yield is projected to increase to 1.8-2 tons per hectare, while that of peppercorn will be increased to 1.5-1.7 tons per hectare.
The strategy targets to develop areas for growing fruit trees on the basis of promoting the potential and advantages of the ecological region and associating with processing factories and consumption markets and prioritize the development of fruit trees such as mango, banana, dragon fruit, and pineapple.
By 2050 the strategy aims to modernize farming practice and turn the country into one of the world’s top agricultural producers.
Last year, export value of agricultural, forestry and aquacultic products reached US$53 billion, official data showed.
Top farm produce exports fruits and vegetables (US$5.9 billion, up 69.2 percent), cashew (US$3.63 billion, up 17.6 percent), coffee (US$4.18 billion, up 3.1 percent), shrimp (US$3.38 billion, down 21.7 percent), and timber and timber products (US$13.37 billion, down 16.5 percent)./. VGP