Vietnam’s agricultural sector posts record high growth in 2022
The Ministry of Agriculture and Rural Development on December 30 announced that the agricultural sector has achieved all goals set for this year, including a growth rate of 3.36%, a record for many recent years.
Workers process shrimp for export in Coastal Fisheries Development Corporation in Ho Chi Minh City. (Photo: VNA)
Hanoi (VNA)🎃 – The Ministry of Agriculture and Rural Development on December30 announced that the agricultural sector has achieved all goals set for thisyear, including a growth rate of 3.36%, a record for many recent years.
Specifically, animal husbandry and cultivation grew 2.88%, fisheries by2.88%, and forestry 6.13%. Vietnam’s forest coverage reached 42.02% of the country's total area. Morethan 73% of communes in the country met the criteria of new-style rural areas. Theexport revenues of agro-forestry-fishery products reached a new record of 53.22billion USD, 9.3% higher than that of 2021, with atrade surplus of over 8.5 billion USD. NguyenVan Viet, Director of the ministry’s Planning Department, said that theproduction structure of the industry continued to be adjusted moreappropriately and effectively in association with the market. Theconsumption market of Vietnamese farming products continues to expand in bothcategories and products. The domestic market has received more attention while the Government and the sector made efforts to promptly remove trade barriers,boosting the exports of agricultural, forestry, and fishery products. It is forecast that Vietnam’s economy willcontinue to face difficulties and challenges in 2023 such as inflationarypressure, a sharp increase in production costs, negative impacts of climatechange, changes in demand and new consumption patterns, and especially impactsfrom the Russia-Ukraine conflict. In2023, the agriculture sector targets a growth rate of 3% and export revenue of 54billion USD. It aims to have 78% of communes and at least 270 districts nationwide recognised as new-style ruralareas./.
Agro-forestry-fishery exports stood at about 49.04 billion USD in the first 11 months of 2022, higher than last year’s record of 48.6 billion USD, the Ministry of Agriculture and Rural Development (MARD) said.
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Workers process shrimp for export in Coastal Fisheries Development Corporation in Ho Chi Minh City. (Photo: VNA) 
