Deputy Minister of Agriculture and Rural Development Phùng Đức Tiến has affirmed his confidence that Việt Nam’s agro-forestry-aquatic product exports can reach the revenue target of US$55-56 billion this year.
In the four months, Việt Nam shipped abroad $10.44 billion worth of agricultural products, a year-on-year rise of 32.5 per cent $5.18 billion of forestry products, up 22.8 per cent and 2.68 billion of aquatic products, up 4.2 per cent.
Việt Nam is a major exporter of agricultural products, the majority of its agricultural production occurs on a small scale and is dispersed, posing challenges in bulk procurement of farm produce.
Agro-forestry-aquatic product exports were estimated at US$20.26 billion in the first five months of 2023, down 11.1 per cent year on year, according to the Ministry of Agriculture and Rural Development (MARD).