Vietnam's agro-forestry-aquatic exports to reach record high this year


HANOI (Xinhua): Vietnam's agro-forestry-aquatic product exports are projected to surpass US$62 billion this year, marking a new milestone, Vietnam News Agency cited the Ministry of Agriculture and Rural Development top official.

The country is forecast to post a record trade surplus of US$18.6 billion in this sector, said the ministry.

Do Ha Nam, chairman and general director of Intimex Group, said the achievement was largely driven by record-setting exports of rice, coffee, and fruits.

The key contributors to this growth included coffee exports (up 56.9 per cent); pepper (up 53.3 per cent); rubber (up 24.6 per cent) and rice (up 10.6 per cent).

Vietnam set unprecedented records in both rice export volume and value, with approximately 9 million tons worth US$5.7 billion, he said.

According to the industry insider, the sector's export turnover of over US$62 billion far exceeded the government's target of US$54-55 billion.

The promising achievement signals the potential for even stronger agro-forestry-aquatic growth in 2025. - Xinhua

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