Of the figure, over 21 billion USD will be from cultivated products, around 9 billion USD from aquatic products, more than 8.5 billion USD from forestry products, and 1.5 billion USD from others. The rate of new-style rural communes is set at 37 percent and 52 districts will achieve the status. These are targets set in a resolution issued by the ministry’s Civil Affairs Committee in order to implement the Government’s Resolution No.01/NQ-CP dated January 1, 2018. 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. At the same time, the sector will encourage the development of high-tech and organic agriculture while restructuring State-owned enterprises, reshuffling agro-forestry companies and submitting a project on developing 15,000 cooperatives, agricultural cooperative alliances for 2017-2020. Further attention will also be paid to developing agricultural and rural infrastructure, strengthening capacity of disaster prevention and mitigation in response to climate change, transnational cooperation in effective and sustainable use of water resources, ecological environment protection, and improving management in the quality of agricultural materials and food safety.
(VOVworld) Last year, Vietnam earned 14 billion USD from garment and textile exports, one-year increase of 30%. This year, despite the global economic recession, the sector has maintained its position as Vietnam's export leader. Garments and textile sector targets 15 billion USD of export turnover in 2012 Despite a slumping world economy, Vietnam's apparel sector remains one of the country's top 5 hard currency earners. The Vietnam Textile and Apparel Association says that in 2010 the industry's export revenues totaled 11.2 billion dollars, in 2011, more than 13.5 billion dollars, and this year could reach 15 billion dollars. Many companies…... [read more]
Minister of Agriculture and Rural Development Nguyen Xuan Cuong made the affirmation at a conference in Hanoi on June 30 to review the sector’s performances in the first half of this year and lay out orientations for the second half.The targets include a growth rate of 3.05 percent, 33 billion USD in export turnover of agro-forestry-aquatic products, and 31 percent of the country’s communes nationwide meeting the new-style rural area building standards.Cuong underlined difficulties related to market and weather condition facing the sector over the first six months of this year, saying that most of the basic targets set by…... [read more]
According to the Vietnam Leather, Footwear and Handbag Association (LEFASO), the leather and footwear industry is expected to grow 5 percent from last year, with the localisation rate reaching 55 percent. Footwear and handbags will remain Vietnam’s top four and 10 exports, respectively.Leather, footwear sector targets USD20 billion in export earnings (Source: VNA)Addressing the event, LEFASO Vice President Phan Thi Thanh Xuan highlighted positive signs in the world’s economy and increasing consumption demand, saying that these create both favourable conditions and challenges to Vietnam in exports and investment.In order to help Vietnamese exporters realise the target, the association will actively…... [read more]
Accordingly, Vietnam aims to reach US$300 billion in export turnover by 2020 with an annual average export growth rate of 11% to 12% in the 2015-2020 period. It is destined to ensure a stable trade balance by 2020 and a sustainable trade surplus in the following years. Regarding market development orientations, Vietnam plans to expand its market share in traditional markets like Japan, the Republic of Korea, China, Australia, the US, EU, Russia, East European nations, Canada, and India.The focus will be also on diversifying export markets and broadening new outlets in Africa, Latin America, the Middle East and India…... [read more]
PANO – The Samsung Electronics Vietnam (SEV) Company today held a ceremony marking the milestone of US $1 billion export turnover in Yen Phong Industrial Zone, Bac Ninh Province. This event, attended by the Deputy Prime Minister Hoang Trung Hai, is clear evidence of the ever-increasing development of SEV, of Samsung Electronics’ investment projects in Vietnam as well as the bilateral economic relationship between the Republic of Korea and Vietnam. Officially having started operations in April 2009 with a total investment of US $670 million, SEV is the first and only complete hand-phone factory in Vietnam to date. Since then,…... [read more]
