Agriculture sector sets US$40 billion export revenue target in 2018

The Hanoitimes – Growth rate of the agriculture sector this year was planned at least 3 percent, with export turnover contributing some US$40 billion, according to the Ministry of Agriculture and Rural Development. Among the total export value, agriculture products will make up more than US$21 billion, seafood with some US$9 billion, forestry products with over US$8.5 billion and US$1.5 billion from others. According to the ministry, 2018 is considered an important year for the sector in particular and for the entire country in general as it takes a key role in helping the country meet targets set in the nation’s five-year plan of 2016-2020.    Seafood exports are expected to earn Vietnam some US$9 billion this year In order to achieve the above targets, the ministry will continue refining mechanisms to develop socialism-oriented market economy in agriculture, submit a draft Law on Cultivation, a draft Law on Animal Husbandry, amendments and supplements to several articles of the Law on Natural Disaster Prevention and Control, raising public awareness of Law on Irrigation, Law on Forestry, and revised Law on Fisheries and relevant laws, ordinances and resolutions.  It will also continue improving the business climate by cutting administrative procedures, building e-government with a focus on online public services, one-stop shop mechanism for customs clearance.  According to the ministry, it will review 508 administrative procedures and propose simplifying or cutting out 287 out of these administrative procedures, or 56.5 percent.  The ministry has so far also considered carefully another 345 business and… [Read full story]

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