Vietnam’s agriculture strives for growth of 2.8% in 2021

Tuesday, 2021-10-05 17:31:38
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Processing shrimps for export (Photo: VNA)
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NDO - Vietnam’s agricultural sector is aiming for growth of 2.8% and export revenue of US$44 billion in 2021, according to the Ministry of Agriculture and Rural Development (MARD).

At a press conference on October 5, Deputy Minister Phung Duc Tien shared that the sector recorded encouraging results in the first nine months of the year.

Official data showed agriculture expanded by 2.74% during the January-September period and contributed 23.52% to overall economic growth, affirming its role as a supporting pillar of the Vietnamese economy.

However, the seafood industry only grew by 0.66% due to a sharp contraction in the third quarter as a result of COVID-19 restrictions.

Therefore, the seafood sector must strive for stronger growth in the remaining three months so that Vietnam can fulfil the agricultural growth target since there is not much room left for growth in plant cultivation.

In order to realise the target, the MARD has issued an action plan with measures focusing on developing the domestic market and promoting exports as well as minimising the impact of natural disasters.

With regards to the seafood industry, Deputy Director of the Directorate of Fisheries Nguyen Quang Hung said it will not difficult to fulfil the target as long as processing companies can restore operation and the obstacles to movement of goods are removed.