Vietnam’s agriculture continues to grow in 2019

Despite difficulties and challenges, Vietnam earned 41 billion USD from agricultural exports in 2019.
vietnams agriculture continues to grow in 2019

Despite difficulties and challenges, Vietnam earned 41 billion USD from agricultural exports in 2019.

Vietnam’s farm produce market in 2019, especially for some key export earners, was unstable due to the impacts of trade wars between major countries. African swine fever broke out quickly throughout provinces and cities, seriously affecting the hog herd with nearly 6 million pigs culled and dropping nearly 9% of the pork production.

Despite these difficulties, Vietnam earned more than 41 billion USD from exporting agro-forestry-fishery products last year, 3.5% more than 2018. The achievements are due to the sector’s prompt control of diseases in cattle and poultry production.

The restructuring of agricultural production boosted the growth of fruit trees, processing, and aquaculture, especially brackish water shrimp and tra fish.

To improve the efficiency and value of agricultural products, chains in processing and consumption has been established.

Nguyen Quoc Toan, Director of the Agricultural Products Processing and Market Development Department of the Ministry of Agriculture and Rural Development, said “The establishment of post-harvest processing plants in the Central Highlands plays an extremely important role in organizing production links, especially in material zones of passion fruit, avocado, and durian. This will also help the domestic processing industry further develop.”

Last year, Vietnam's rice industry continued to maintain its growth in productivity, production, and value while the brand of Vietnamese rice asserted its prestige in the international arena.

Tran Xuan Dinh, former Deputy Director of the Cultivation Department of the Ministry of Agriculture and Rural Development, said “The ST25 rice research team won First Prize in the World’s Best Rice Contest 2019. This is a great honor for Vietnamese rice in the international market.”

The forestry sector earned a record of more than 11 billion USD from exports this year.

Moreover, the EU-Vietnam Voluntary Partnership Agreement on Forest Law Enforcement, Governance and Trade offered a major opportunity for Vietnam’s timber products to enter the EU market.

Deputy Minister of Agriculture and Rural Development Ha Cong Tuan said “The agreement is of great importance showing Vietnam has harmoniously upheld international forest law enforcement in trading timber products and in origin tracing to develop the forestry sector sustainably. This will create a good foundation for a more transparent business environment to trade timber products.”

In 2020, the agriculture sector aims to maintain the current growth rate, continue to restructure toward sustainable development, and increase the value of exports.

Addressing a recent online conference of the agriculture sector, Prime Minister Nguyen Xuan Phuc asked the sector to become a key export earner and increase export to 43 billion USD next year and 50 billion USD by 2025, topping ASEAN and reaching the world’s top 10.

Prime Minister Phuc said "In 2020 and the years to come, the agricultural sector should focus on continuing its restructuring, developing commodity agriculture, applying the latest technology, enhancing the processing and preservation of farm produce to meet the market needs and requirements, and further expanding the market, especially the markets of the 28 EU countries. The sector should pay more attention to the quality and prestige of its agricultural products.”

Prime Minister Phuc also called on the sector to step up the restructuring of crops and livestock to meet market demands and adapt to climate change. He urged for more joint efforts to drastically and urgently remove the EC’s “yellow card” warning on Vietnamese seafood.

Source: VOV

Related News

Vietnam kicked off the year with a strong start in trade, exceeding US$63 billion in the first month

Vietnam kicked off the year with a strong start in trade, exceeding US$63 billion in the first month

VCN - Data from the General Department of Vietnam Customs indicates a softening of both exports and imports in January 2025, relative to the same month in 2024.
Exports witness a rise of US$1 billion in the first 15 days of 2025

Exports witness a rise of US$1 billion in the first 15 days of 2025

VCN - Compared to the same period in 2024, exports in the first half of January 2025 increased by more than 6%, equivalent to nearly USS$1 billion.
US or China: Who will lead in Vietnamese Tra fish imports?

US or China: Who will lead in Vietnamese Tra fish imports?

VCN - Given that tra fish is a key export commodity for Vietnam's seafood industry, the question arises whether the United States will surpass China as the leading importer of this product in 2025.
Vietnam, Korea Customs sign AEO MRA

Vietnam, Korea Customs sign AEO MRA

VCN- The Director General of the General Department of Vietnam Customs (GDVC), Mr Nguyen Van Tho, and the Commissioner of Korea Customs Service (KCS), Mr Ko Kwang Hyo, signed the Authorized Economic Operator Mutual Recognition Agreement (AEO MRA) on the afternoon of December 24, at the GDVC’s headquarters.

Latest News

Embracing green exports: a pathway to enter global supply chains

Embracing green exports: a pathway to enter global supply chains

This shift presents both a challenge and an opportunity for Vietnamese businesses to innovate and enhance their competitive edge in the international arena.
New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises

New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises

The ministry proposes to issue a decree on the establishment, management and use of the Investment Support Fund to stabilise the investment environment, encourage and attract strategic investors and multinational corporations.
Việt Nam’s durian exports to China plummet by 80%

Việt Nam’s durian exports to China plummet by 80%

This sharp decline has had a direct impact on Việt Nam’s fruit and vegetable export revenue, which stood at US$416 million in January 2025, marking a 11.3 per cent decrease month-on-month and a 5.2 per cent drop year-on-year.
Coconut exports reach 14-year high

Coconut exports reach 14-year high

In 2024, fresh coconut and coconut product exports surpassed US$1 billion, marking the highest figure in the past 14 years.

More News

Shrimp exports grow in the first month of 2025

Shrimp exports grow in the first month of 2025

According to data from the Việt Nam Association of Seafood Exporters and Producers (VASEP), shrimp products recorded a 13 per cent increase in export value in January 2025, reaching a total of $273.3 million.
Rice export prices drop, but decline expected to be short-term

Rice export prices drop, but decline expected to be short-term

Việt Nam’s rice export prices have declined, reaching their lowest level in three years.
Key agro products expected to maintain export growth this year

Key agro products expected to maintain export growth this year

At present, agricultural exports, such as rice, coffee and seafood, have steadily secured a stable place in major global markets.
EU issues 12 warnings against Việt Nam’s food and agricultural exports

EU issues 12 warnings against Việt Nam’s food and agricultural exports

The Việt Nam SPS Office has reported that some Vietnamese export products failed to meet the EU’s stringent standards.
Việt Nam to impose VAT on low-value express-imported goods

Việt Nam to impose VAT on low-value express-imported goods

Việt Nam will end a previous policy that exempted imported goods valued under VNĐ1 million (US$39.4) from taxes when shipped via express delivery.
Exchange rate risks need attention in near future

Exchange rate risks need attention in near future

VCN - Exchange rate developments in 2025 are considered to be quite complicated due to US policies related to trade and investment.
Import and export turnover reaches about US$29 billion in the second half of January 2025

Import and export turnover reaches about US$29 billion in the second half of January 2025

VCN - Vietnam's total import and export turnover in the second half of January 2025 (January 16-31, 2025) reached US$28.9 billion, the latest preliminary statistics of the General Department of Vietnam Customs reported.
Market edges up slightly as liquidity remains low

Market edges up slightly as liquidity remains low

Market breadth remained positive, with 161 gainers outnumbering 144 decliners.
Business regulations must be trimmed for development of enterprises: Experts

Business regulations must be trimmed for development of enterprises: Experts

The General Statistics Office (GSO)'s socio-economic report for January 2025 reveals that while over 33,400 newly established or resumed businesses entered the market - marking a 15% increase compared to January 2024 - more than 58,300 businesses withdrew from the market, representing a growth of 8.1% on year.
Read More

Your care

Latest Most read
Embracing green exports: a pathway to enter global supply chains

Embracing green exports: a pathway to enter global supply chains

This shift presents both a challenge and an opportunity for Vietnamese businesses to innovate and enhance their competitive edge in the international arena.
New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises

New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises

The ministry proposes to issue a decree on the establishment, management and use of the Investment Support Fund to stabilise the investment environment, encourage and attract strategic investors and multinational corporations.
Việt Nam’s durian exports to China plummet by 80%

Việt Nam’s durian exports to China plummet by 80%

This sharp decline has had a direct impact on Việt Nam’s fruit and vegetable export revenue, which stood at US$416 million in January 2025, marking a 11.3 per cent decrease month-on-month and a 5.2 per cent drop year-on-year.
Coconut exports reach 14-year high

Coconut exports reach 14-year high

In 2024, fresh coconut and coconut product exports surpassed US$1 billion, marking the highest figure in the past 14 years.
Shrimp exports grow in the first month of 2025

Shrimp exports grow in the first month of 2025

According to data from the Việt Nam Association of Seafood Exporters and Producers (VASEP), shrimp products recorded a 13 per cent increase in export value in January 2025, reaching a total of $273.3 million.
Mobile Version