The Ministry of Agriculture and Rural Development has targeted no in export value of agricultural products this year, even though the sector was hit hard by the novel coronavirus (COVID-19) pandemic from the beginning of this year.
In spite of strong growth over the last decade, Viet Nam’s industrial sector must start investing in R&D, finding ways to improve manufacturing efficiency and transforming into one capable of producing high-value-added products.
Ha Noi will support the development of supply chains in the city, from production to consumption, to control quality, increase value of products, as well as help ensure the benefits of all parties involved.
The export value of forest products from early this year until May 24 surpassed that of seafood products to become the leader in the agro, forests and seafood export group.
After focusing on exporting large volumes of unprocessed goods for a long time, more and more Vietnamese companies are now turning to export of processed and value-added products and improving their quality to penetrate global markets.
The total export value of agricultural, forestry and fishery products in the first eight months of this year hit US$23.66 billion, a year-on-year increase of 13.5 per cent.
Viet Nam''s tuna industry saw a 6.7 per cent dip in export value for the
first eight months of this year due to decreasing demands, according to
the General Department of Customs.
Authorities should pay attention to cultivating macadamia effectively
and building a trademark for the nut as the tree could bring high
economic benefits, an official said.
Viet Nam expects the export value for its wooden products to jump to
US$7 billion this year, according to the Viet Nam Wood and Forestry
Product Association.
Nguyen Mai, president of the Viet Nam Association of Foreign Invested
Enterprises (VAFIE), talked to reporters about the development needs of
domestic support industries.