By 2030, Vietnam wants to become one of the ten largest countries in the world in the processing of agricultural products. As reported on the portal of government information, such a task was set as part of the strategy for the mechanization and development of the agricultural sector in the republic by the specified period.
The strategy was approved by a decree of the Government of the Republic. It assumes that in the next eight years the level of mechanization in livestock production will be at least 60, crop production – 70, and in aquaculture – 95 percent. More than 70 percent of large agricultural processing enterprises will use modern technologies of medium and high level. At the same time, processed products will have to occupy at least 60 percent in the list of exported goods, and the growth in the production of deep processing products should increase to eight percent in 2025 and 10-2030.
Russia raises export duties on sunflower oil and meal
Russia raises export duties on sunflower oil and meal
Today, agricultural products belong to one of the main categories of goods exported by the republic. In addition to traditional rice, vegetables and fruits, this list includes coffee, tea, seafood, spices and natural rubber. At the same time, the country leads in the supply of black pepper to the world market and ranks second in the export of coffee and rice. In the coming years, the republic plans to increase the total value of its agricultural exports to $60 billion a year. To do this, it will more actively position and develop the brands of its agricultural products on the world market and pay special attention to improving the ratio of price and quality of these products.
