Agricultural sector strives to surpass targets

 The agricultural sector is aiming for a growth rate of 2.8-3% this year, higher than the growth of 2.5-2.8% assigned by the Government, according to the Ministry of Agriculture and Rural Development.

According to VNA, it is also striving to earn 55 billion USD from agro-forestry-aquatic product exports in 2022, 5 billion USD higher than the figure assigned by the Government.

In the first nine months, the export turnover of agro-forestry-aquatic products is estimated at 40.8 billion USD, up 15.2% year-on-year. Meanwhile, imports totalled 33.9 billion USD, up 5.7% year-on-year. This means the trade surplus mounted to 6.9 billion USD, doubling the same period last year.

Agricultural sector strives to surpass targets -0
Source: VNA

To achieve the targets, Deputy Minister of Agriculture and Rural Development Phung Duc Tien said that the ministry will adjust production plans and the crop structure to suit domestic consumption and export demand, and focus on directing the development of concentrated production areas.

Efforts will be made to promote sustainable livestock development, ensure supply and stabilise food and pork prices to keep the consumer price index (CPI) within the allowable range, especially during the coming Lunar New Year, Tien said.

Along with closely monitoring the developments of climate and diseases on plants and livestock, the ministry will seek measures to boost production; remove difficulties in circulation, consumption and exports of agricultural products; and ensure sufficient supplies of food and foodstuffs.

To develop the consumption market for agricultural, forestry and aquatic products, the ministry will cooperate with the Ministry of Industry and Trade and the Ministry of Foreign Affairs to research, analyse and forecast market developments, opportunities and challenges; and consult the Prime Minister on countermeasures and scenarios to adapt to the supply and demand of agro-forestry-aquatic products in the world.

Economy

Vietnam's potential promoted to Mexican businesses
Economy

Vietnam's potential promoted to Mexican businesses

A delegation from the Vietnamese Embassy in Mexico led by Ambassador-Designate Nguyen Van Hai has paid a working trip to Guanajuato state to explore opportunities for cooperation between Vietnam and Mexico, as well as between Vietnamese localities and Guanajuato. ​

Localities report progresses in IUU fishing combat
Economy

Localities report progresses in IUU fishing combat

Coastal localities nationwide have implemented practical and effective activities and specific measures, demonstrating their determination to join the nation’s efforts to have the “yellow card” that the European Commission (EC) has imposed on Vietnamese seafood regarding illegal, unreported, and unregulated (IUU) fishing lifted in 2024.

Da Nang Hi-Tech Park attracts 177-million-USD FDI project
Economy

Da Nang Hi-Tech Park attracts 177-million-USD FDI project

The Da Nang Hi-Tech Park continues to strengthen its position as a leading investment hub with the recent in-principle approval of a 177-million-USD project by Dentium Co., Ltd., from the Republic of Korea (RoK).This significant investment brings the total registered foreign direct investment (FDI) in the park to 875.2 million USD, spanning 13 projects.

UNGA President congratulates Vietnam on re-election to UNCITRAL
Economy

UNGA President congratulates Vietnam on re-election to UNCITRAL

Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the United Nations (UN), had a meeting in New York on November 21 with President of the 79th session of the UN General Assembly (UNGA) Philemon Yang who congratulated Vietnam on the country’s re-election to the UN Commission on International Trade Law (UNCITRAL) for the 2025-2031 term.