Vietnamese agriculture continues to face difficulties because of Covid-19

VCN- The acute respiratory infection caused by the new strain of coronavirus (Covid-19) has affected the import and export of Vietnam agricultural products. In the future, the agriculture sector will focus on implementing synchronous solutions to boost production in order to ensure domestic food security and increase exports.

vietnamese agriculture continues to face difficulties because of covid 19 Nghe An Customs’ revenue affected by Covid-19 pandemic
vietnamese agriculture continues to face difficulties because of covid 19 Enterprises affected by Covid-19: How to calculate the regime for employees?
vietnamese agriculture continues to face difficulties because of covid 19 Prevention of Covid-19: Customs continues giving directives about exporting face masks
vietnamese agriculture continues to face difficulties because of covid 19
Conference

Piling challenges

According to the Ministry of Agriculture and Rural Development,in the first two months of the year, due to the strong impact of theCovid-19 epidemic, the industry's export turnover reached $5.34 billion, down 2.8% compared to the same period in 2019. Import turnover of agricultural, forestry and fishery products were estimated at about $4.3 billion, down 6.7% compared to the same period in 2019. Trade surplus of two months reached $1.02 billion, up 18.4% over the same period last year.

At the Online Conference which took place this afternoon (March 12) to promote agricultural production in the context of the Covid-19 pandemic,Mr. Nguyen Van Viet, Director of the Planning Department (MARD) saidthe outbreak of Covid-19 epidemic evolved seriously, complicatedly, without forecasting the end time, which negatively affects world economic growth.

Besides, US-China trade tensions have cooled down but are still complicated. Increasing trade tensions and risks and widespread economic recession significantly affected global trade in general and agricultural trade in particular.

Besides its advantages and opportunities, the domestic agricultural sector also faces many difficulties and challenges. That is, the impacts of climate change appear from the beginning of the year causing drought and saline intrusion in the Mekong Delta affecting the cultivation and aquaculture industries.

In addition, African swine feverhas decreased sharply but it has not been completely controlled, that makes difficult for the re-herd. Avian influenza is at risk of outbreak in Vietnam when the totalpoultry population is now very large.

“It’s notable that the market for many agricultural products still tends to decrease and is affected by trade wars between major countries. Along with that, the "yellow card" for exporting marine products from the European Commission (EC) has not been removed. The Covid-19 epidemic is complicated and has a direct impact on the production and import-export activities and consumption of agricultural commodities of Vietnam,”Mr. Viet stressed.

Minister of Agriculture and Rural Development Nguyen Xuan Cuongsaid: the Covid-19 epidemic has become a pandemic and is very dangerous, causing two inclusive issues: threatening health, life of people around the globe and disturbing international economy. This epidemic affects most countries.

Currently, in addition to facing the Covid-19 epidemic, the agriculture sector also suffers from the extreme weather such as hail on a large scale, drought, African swine fever, influenza A/H5N1.

Ensuring food, increasing exports

In the remaining months of 2020, the agriculture sector has determined to focus on synchronous implementation of tasks and solutions to boost agricultural, forestry and fishery production to ensure domestic food security and increase exports, achieve the highest goals assigned by the Government.

Mr. Nguyen Van Viet stated that in the field of cultivation, MARD will review the construction and development of production areas for key export products, with favorable market signals (rice, fruit trees, dragon fruit, durian, passion fruit); building a concentrated production area, invest in the development of commodity lines along the value chain, attach to markets, processing, infrastructure investment projects and develop new rural areas.

vietnamese agriculture continues to face difficulties because of covid 19

The forestry sector will make efforts to ensure the majority of wood material is supplied to the wood processing industry. Photo: Nguyen Thanh

For forest products, the emphasis is on improving productivity, quality and promoting the value of each type of forest; ensure supply of the majority of raw material for the wood processing industry, producing paper, artificial boards, demand for wood, firewood and other specialty forest products for domestic consumption and export; implementingeffectively and synchronously the approved VPA/PLEGT Agreement, facilitating the export of timber and timber products to the EU.

In the field of fisheries, the leader of the Planning Department said MARD will propose to submit to the Prime Minister for approval the overall program to ensure safety for people and fishing vessels engaged in fisheries; building up a full process of certifying exploited aquatic products before exporting; guiding, urging and inspecting the implementation of the process of checking and controlling fishing vessels, the volume of loading and unloading through the port as required by the EC.

“In addition, diversifying export markets of agriculture, forestry and fishery products, gradually reducing the dependence on a market, meeting high commodity standards on goods origin and geographical indications; promote the agricultural product processing industry; strengthening the implementation of trade promotion activities, expanding markets for agricultural products, accessing retail systems, supermarket chains in foreign countries are also an important solution to be promoted," Mr. Viet said.

The "commander" of the agricultural sector, Minister Nguyen Xuan Cuong affirmed: The agricultural sector needs to limit challenges to ensure growth, creating food and foodstuffs to meet the needs of both domestic consumption and export. When we face epidemics, isolated people still have to eat. If the production capacity is not good, cut off the supply, it will lose the market.

“After the epidemic, there will be a big demand for food. It can be a booming demand on food. Do not let the price of food escalate so that when the epidemic goes down, it will boost production and export,” Minister Nguyen Xuan Cuong said.

By ThanhNguyen/QuynhLan

Related News

Mid-November: Vietnam

Mid-November: Vietnam's trade volume matches 2023 total, eyes record-breaking growth

VCN - By mid-November 2024, Vietnam's total import-export turnover reached an impressive US$681.48 billion, equaling the full-year trade figure for 2023
New export and business cooperation opportunities from "dual conversion"

New export and business cooperation opportunities from "dual conversion"

VCN - According to a recent study from NielsenIQ, 16% of Vietnamese consumers consider a sustainable future as one of the important factors in their consumption decisions.
Why seafood exports to some Middle Eastern Countries are stalled

Why seafood exports to some Middle Eastern Countries are stalled

VCN - Several shipments of seafood exported to certain Middle Eastern countries have been delayed due to legal challenges related to consular legalization procedures. This has created significant bottlenecks in accessing these markets.
Businesses need support from vietnamese representative offices abroad

Businesses need support from vietnamese representative offices abroad

VCN - Several heads of Vietnamese representative offices abroad believe that Vietnamese businesses need to prepare solutions to respond to the changing global economy and meet the increasing demands of the international market.

Latest News

Agricultural, forestry and fishery trade surplus value shoots up

Agricultural, forestry and fishery trade surplus value shoots up

VCN - According to the Ministry of Agriculture and Rural Development, the total export turnover of agricultural, forestry and fishery products in the first 10 months reached 51.74 billion USD, up 20.2% over the same period in 2023. Notably, the trade surplus value recorded a spectacular increase year on year.
VN

VN's food processing industry struggles to improve quality and value chain integration

Despite accounting for 19.1 per cent of Việt Nam’s processing sector, the food processing industry has been struggling with major issues such as poor-quality raw materials and subpar value chain integration, said industry insiders and economists.
Approach strategy of the seafood industry when implementing UKVFTA

Approach strategy of the seafood industry when implementing UKVFTA

VCN - As one of Vietnam's strong export industries to the UK, especially when the Vietnam - United Kingdom of Great Britain and Northern Ireland Free Trade Agreement (UKVFTA) comes into effect, with a detailed information approach strategy, it has created a great driving force to promote the export of Vietnamese seafood products to this market.
Vietnamese enterprises facing challenges from cross-border e-commerce platforms

Vietnamese enterprises facing challenges from cross-border e-commerce platforms

VCN – In recent years, with the rapid development of cross-border e-commerce (CBEC) platforms, domestic enterprises in Vietnam have been facing numerous difficulties and challenges.

More News

Vietnam, Malaysia eye new milestone in trade ties

Vietnam, Malaysia eye new milestone in trade ties

The official visit to Malaysia from November 21-23 by Party General Secretary To Lam is expected to open up new opportunities for and mark a new milestone in the economic and trade cooperation between Vietnam and Malaysia. Vietnam and Malaysia are key economic, trade, and investment partners. Their economic and trade ties have steadily grown since the two nations established diplomatic relations in 1973.
Shrimp exports surge in 10 months, generating 3.2 billion USD

Shrimp exports surge in 10 months, generating 3.2 billion USD

Vietnam’s shrimp exports in October reached US$394 million, a strong 24% increase year-on-year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s exports to the U.S. near US$100 billion milestone

Vietnam’s exports to the U.S. near US$100 billion milestone

VCN - By the end of October, Vietnam's exports to the United States approached US$100 billion, reaffirming its position as Vietnam's largest export market.
From the “abnormal” coffee price, worries about the new crop

From the “abnormal” coffee price, worries about the new crop

VCN - The Vietnamese coffee industry enters the new crop with the question of what is a reasonable price to ensure benefits for coffee growers while still retaining international consumers.
What obstacles limit the market share of Vietnamese goods in the UK?

What obstacles limit the market share of Vietnamese goods in the UK?

VCN - Vietnamese goods account for only about 1% of total imports into the UK market. One of the reasons is that they have not yet built their own brands and have not focused on effective strategies and approaches to market information.
Storm No. 3 destroys profits of many insurance companies

Storm No. 3 destroys profits of many insurance companies

VCN - Due to the impact of storm No. 3, the business results of the third quarter and the first 9 months of 2024 of the insurance sector have been significantly affected. This requires more efforts from businesses for the results of the whole year 2024.
Vietnam, Malaysia eye golden partnership opportunities in Halal industry

Vietnam, Malaysia eye golden partnership opportunities in Halal industry

Cooperation in the Halal industry can help Vietnamese products reach nearly 2 billion Muslim consumers worldwide, representing over 24% of the global population, according to Malaysia’s Minister of Investment, Trade, and Industry Zafrul Abdul Aziz.
Tra fish sector aiming for production, processing greening for sustainable development

Tra fish sector aiming for production, processing greening for sustainable development

Greening production and processing to meet export requirements is both a trend and a necessity for many industries, including the tra fish sector.
Developing supporting industries for the billion-dollar export commodity groups

Developing supporting industries for the billion-dollar export commodity groups

VCN - Electronic products and components are one of export commodity groups with turnover exceeding one billion USD, but the supporting industry for this group is still modest.
Read More

Your care

Latest Most read
Agricultural, forestry and fishery trade surplus value shoots up

Agricultural, forestry and fishery trade surplus value shoots up

VCN - According to the Ministry of Agriculture and Rural Development, the total export turnover of agricultural, forestry and fishery products in the first 10 months reached 51.74 billion USD, up 20.2% over the same period in 2023. Notably, the trade surp
New export and business cooperation opportunities from "dual conversion"

New export and business cooperation opportunities from "dual conversion"

According to a recent study from NielsenIQ, 16% of Vietnamese consumers consider a sustainable future as one of the important factors in their consumption decisions.
VN

VN's food processing industry struggles to improve quality and value chain integration

Despite accounting for 19.1 per cent of Việt Nam’s processing sector, the food processing industry has been struggling with major issues such as poor-quality raw materials and subpar value chain integration, said industry insiders and economists.
Approach strategy of the seafood industry when implementing UKVFTA

Approach strategy of the seafood industry when implementing UKVFTA

VCN - Mr. Nguyen Hoai Nam, Deputy General Secretary, Vietnam Association of Seafood Exporters and Producers (VASEP), said that the advantage that UKVFTA brings is that the main products of the seafood industry enjoy 0% import tax to the UK, especially key
Mid-November: Vietnam

Mid-November: Vietnam's trade volume matches 2023 total, eyes record-breaking growth

By mid-November 2024, Vietnam's total import-export turnover reached an impressive US$681.48 billion, equaling the full-year trade figure for 2023
Mobile Version