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Expanding market for agricultural products

After many groups of agricultural exports saw output fall in the first quarter of the year, the Minister of Agriculture and Rural Development directed the industry to act quickly to open markets and create a new growth engine.

The agricultural sector has set a target of value-added growth of 2.9 - 3 % in the second quarter, with total export turnover to reach 14 billion USD. However, the world market still poses many difficulties and challenges.

There remains a bright spot, however, with the main group of agricultural products posting positive growth, in which fruit and vegetables, coffee, and rice continued to increase in price, especially export prices, at the beginning of the second quarter.

To overcome the challenges and achieve the export target, the sector leaders requested that relevant authorities urgently assess and analyse the market and proactively offer solutions to expand markets.

Vietnam has set a goal for this year of exporting about 54 billion USD of agricultural, forestry, and fishery products. Reaching the target will very much depend on export results in the second quarter.

VNA