Cuong, Minister of Agriculture and Rural Development, highlighted the sector’s achievements at a National Assembly discussion on socioeconomic development Friday. He said Vietnam’s agricultural growth this year had reached 3.65 percent year-on-year as of the end of September, the highest in many years. “This is a significant achievement considering that the world has been greatly affected by natural disasters,” he said. He said the ongoing restructuring of the sector has been proceeding in the right direction over the past five years, as evidenced by strong growth in production during this time. “Currently Vietnam’s agricultural products are being exported to 180 countries, earning $200 billion in the past five years and achieving a surplus value of $50 billion,” Cuong said. He said that hi-tech advances in line with their scale have been made in the three main categories of agricultural products: national products with export values of at least $1 billion; provincial products; and local specialties. As a result, the price of Vietnamese rice, which used to be very low five years ago, is now higher than those of Thailand and India, Cuong said, without elaborating. Vietnam’s rice exports this year have also achieved its highest ever volume and value, he… Read full this story
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