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COVER STORY

PHOTO: VIET TUAN
IN FOR A FEAST

There’s broad agreement that Vietnam’s agriculture, forestry, and fisheries
sector is well-placed to post handsome growth during the recovery period.
KHOI MY Reports

xport turnover of agriculture, According to figures from the Ministry 1.4 per cent. Fertilizer and animal feed
forestry, and fisheries products may of Agriculture and Rural Development exports stood at about $372 million, up
E reach or even exceed $50 billion (MARD), the sector’s export turnover was 2.3-fold compared to January 2021.
this year, according to Minister of Agri- nearly $4.4 billion in January, up 10 per
culture and Rural Development Le Minh cent year-on-year. Main agricultural exports SOUND POSITION
Hoan. Industry insiders and analysts also were estimated to total nearly $1.8 billion, Weather and water resources are favor-
believe that exports will maintain their down 0.1 per cent, livestock products $32 able this year for the growth and develop-
high growth momentum in the immediate million, up 11.1 per cent, aquatic products ment of agriculture, Deputy Minister Le
future, growing 5-6 per cent, or $2.5-3 over $765 million, up 25.7 per cent, and Quoc Doanh told MARD’s year-opening
billion, each year. main forestry products $1.4 billion, down meeting on February 8. In the Mekong

14 | VIETNAM ECONOMIC TIMES | MARCH 2022 www.en.vneconomy.vn