A forum was held in the northern border province of Lạng Sơn on Tuesday to seek ways to enhance the agro-forestry-fisheries trade between Việt Nam and its neighbour China.
The agro – forestry – fishery sector posts a trade surplus of US$15.21 billion in the first 10 months of this year, representing a rise of 62.2 per cent over the same period last year, according to the latest s...
The agro-forestry-fishery sector ran a trade surplus of US$11.8 billion in the first eight months of this year, representing a rise of 68.4 per cent over the same period last year, according to statistics of the Ministry of Agriculture and...
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.
The agro-forest-fishery sector has a trade surplus of US$8.28 billion in the first half of this year, an increase of 62.4 per cent, on robust exports, according to the Ministry of Agriculture and Rural Development.
Việt Nam shipped an estimated US$24.14 billion worth of agro-forestry-fishery products overseas during January-May, up 21 per cent against the same time last year, according to the Ministry of Agriculture and Rural Development (MARD).
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.
China was the largest consumer of Việt Nam''s ago-forestry-fishery products, accounting for 23 per cent of the total or marking a yearly rise of 106 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.
The agricultural sector had seven groups of products recording an export turnover of over $1 billion in the first half of 2023, including coffee, rubber, rice, vegetables, cashew nuts, shrimp, and wood products.
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).
The decrease in agro-forestry-aquatic product export revenue was attributable to impacts of the global economy which is forecast to slow down this year, the Russia-Ukraine conflict, and inflation surges in some countries, MARD said.
The trade value of agro-forestry-fisheries products in the first quarter of this year was estimated at US$20.63 billion, down 11.2 per cent year on year.