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Update news vietnam's agriculture
Seeing that domestic produce is constantly in the slack state due to weak planning, both the authorities and businesses are finding feasible solutions to gain more sustainable outputs for farmers.
In the past two years, Cambodian agricultural products have entered the Vietnamese market. At times, Cambodia was even the largest supplier of agricultural products to Vietnam.
China, which spends $260 billion to import farm produce, has become as selective as the US and Japan.
The country aims to leverage investments and enhance capital management mechanisms in agriculture, particularly through official development assistance (ODA) in priority sectors.
Vietnam’s agriculture has reaped many achievements last year. Minister of Agriculture and Rural Development Le Minh Hoan writes about how the sector will continue sailing forward in the new year.
2022 was a prosperous year for Vietnam’s agriculture with export turnover of $53.22 billion. But growth has slowed down, while the scale and output of some sectors are near the ceiling.
Minister of Agriculture and Rural Development Le Minh Hoan said he hopes overseas Vietnamese diplomatic missions act together for the sake of Vietnam and Vietnamese farmers’ image.
The agricultural sector has achieved all goals set for this year, including a growth rate of 3.36%, a record for many recent years, reported the Ministry of Agriculture and Rural Development.
The agro-forestry-fishery sector has made new export records in 2022 thanks to the diversification of markets and products.
Vietnamese organic farming products are exported to about 180 countries and territories, with an export turnover of $335 million per year.
Consumption trends in Vietnam and the world have changed. Consumers now want plant-origin, high-quality, multi-use and nutritional farm produce.