Agriculture sector fulfills targets set by government

The sector posted a growth rate of 2.94 percent, higher than the 2.84 percent set by the government. It earned USD36.37 billion from agro-forestry-fisheries export, over USD4 billion higher than the same period last year, and posted a trade surplus of USD8.55 billion, up more than USD1 billion year-on-year. Under the National Target Programme on New Rural Development, 2,884 communes have been recognised as new-style rural areas, or 32.3 percent of the total, surpassing the goal of 31 percent. The rate of forest coverage reached 41.45 percent while violations in forest protection management fell by 23 percent and damages from deforestation and forest fires declined by 68 percent year-on-year. Those achievements were made despite unfavourable weather conditions this year with a record 16 tropical storms, along with floods on wide scale. Total damage from natural disasters is estimated at roughly VND60 trillion (USD2.66 billion) this year, much higher than VND39 trillion in 2016. Source: VNA Tuan attributed the growth to agricultural restructuring in combination with new rural development in adaptation to climate change.Instead of rice cultivation, priority is switched to high-value produce such as aquatic products, fruits and vegetables, and wooden furniture. Export of aquatic products hit a record USD8.4 billion for the first time while wood and forestry shipments reached an all time high USD8 billion. More than 1,400 cooperatives and 1,000 working groups were established, raising the total number of cooperatives to 12,200, more than 30 percent of which operate efficiently. Nearly 2,000 firms operating in agro-forestry-fisheries were…

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