The agricultural sector in the second half of this year will focus on the development of commodities that have potential in production and export growth such as seafood and forestry products.
A business delegation from China is paying a visit to Viet Nam to study the possibility of investing and importing agro-fishery-forestry products from the Southeast Asian country.
Vietnamese and Cambodian officials, business executives and experts discussed measures to enhance co-operation in the trade and management of timber and timber products at conference in HCM City on Monday.
The agro-forestry-fishery sector raked in US$3.13 billion from exports in August, raising the total value in the first eight months of this year to $25.7 billion, up 7.3 per cent year-on-year.
The export value of forestry products is projected to hit US$5.858 billion between January and August this year, increasing 13 per cent on year and accounting for 23 per cent of Viet Nam’s total agro-forestry-fishery exports.
The timber and forestry products processing industry must strive to achieve exports of at least US$9 billion this year and $12-23 billion by 2020, Prime Minister Nguyen Xuan Phuc has said.
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.
Thirty-five Japanese businesses introduced various food items at a programme to connect businesses in the field of food, agricultural and forestry products and seafood in HCM City on Wednesday.
The domestic forestry sector expects to reach a total export value of
wood and forestry products at US$9.5 billion in 2020, according to the
Ministry of Agriculture and Rural Development.
Demand for Vietnamese forestry products, excluding wood, has increased
on the world market, though these products need to improve their quality
to meet strict international manufacturing standards.