Shrimp, fruit, cashew nuts, coffee and wood products posted export value of more than 3 billion USD each. (Source: VNA)
Hanoi (VNA) –The applicationof high technologies in cultivation, animal husbandry and fisheries has helpedincrease economic value by 10-30 percent.
The statistic was revealed at a recentconference in Hanoi to review 10 years of the resolution on agriculture,farmers and rural areas issued by the seventh plenum of the 10th Central Committee of the Communist Party of Vietnam.
Deputy Minister of Agriculture and RuralDevelopment Le Quoc Doanh said science-technology makes up more than 30 percentof added value to agricultural production.
Thanks to the policy on agriculturalrestructuring in tandem with scientific and technological application, the totalexport turnover of agro-forestry-fishery products during 2008-2017 reached261.28 billion USD, with an annual average rise of 9.24 percent.
The figure was 36.52 billion USD in 2017, up20.05 billion USD from 2008, and is expected to hit 40 billion USD this year,the official said.
The Ministry of Agriculture and RuralDevelopment (MARD) reported that there are 10 groups of commodities with annualexport revenue exceeding 1 billion USD.
Of note, shrimp, fruit, cashew nuts, coffeeand wood products posted export value of more than 3 billion USD each.
Vietnam ranks second in Southeast Asia and15th globally in farm produce exports, and ships to 180 countriesand territories worldwide, according to the report.
The report said as of the end of 2017, up to800 criteria and 210 technical standards had been recognised and applied in thesector. Between 2009-2017, the MARD recognised 309 varieties of plants and 203technical advances, which have significantly contributed to improving the productivityand quality of Vietnamese farm produce.
The number ofagrobusinesses increased 2.93 folds, from nearly 2,400 to about 7,000 within2007-17, with a total charter capital of 213 trillion VND (9 billion USD) .
The report, however,pointed out “irrational” elements in the development of the sector, mostnotably failed attempts at fully realising a large-scale, internationallyaccepted centralised farming system.
The country’s agroproductswere also deemed to be uncompetitive due to businesses’ capital shortage andlow application of science-technology, the report said, adding that there arecurrently too few products with Geographical Indications or distinguishedbrands.-VNA
The GDP of agriculture, forestry and fishery is likely to expand to over 4 percent in the first six months of this year, the highest level in the past decade.
The export turnover of agro-forestry-fishery products in July was estimated at 2.85 billion USD, bringing the total value in the first seven months of 2018 to 22.2 billion USD, a year-on-year rise of 7.8 percent.
The export value of forestry products is projected to hit 5.85 billion USD between January and August this year, increasing 13 percent on year and accounting for 23 percent of Vietnam’s total agro-forestry-fishery export.
The agro-forestry-fishery sector raked in 3.13 billion USD from exports in August, raising the total value in the first eight months of this year to 25.7 billion USD, up 7.3 percent year-on-year.
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Shrimp, fruit, cashew nuts, coffee and wood products posted export value of more than 3 billion USD each. (Source: VNA) 
