The growth rate of AFF production value in the first six months was estimated at 3.1%. (Image source: Adobe Stock)
In which, the main agricultural product group accounted for US$12.79bn, an increase of 12%; livestock products US$232mn, up 26.5%; seafood US$4.13bn, down 27.4%; main forest products US$6.5bn, down 28.2%.
According to the statistics from the General Statistics Office, the growth rate of AFF production value in the first six months was estimated at 3.1%. In detail, agriculture increased by 3.14% (crop cultivation increased by 2.11% and livestock farming increased by 4.88%), forestry increased by 3.43%, and fisheries increased by 2.96%. The GDP growth rate of the AFF sector in the first six months was relatively high, reaching 3.07%, with agriculture increasing by 3.14%, forestry increasing by 3.43%, and fisheries increasing by 2.77%.
In terms of export markets, China, the US, and Japan continue to be the three largest export markets for Vietnamese AFF products. The export value to China accounted for 21.4%, an increase of 7.7%; export to the US accounted for 20.2%, a decrease of 32.9%; and export to Japan accounted for 7.7%, a decrease of 5.3%.
The agricultural and rural sector continues to undergo a strong transformation from agricultural production to agricultural economy, promoting restructuring towards eco-friendly agriculture and circular agriculture.
Challenges and difficulties arising from the impact of input material prices for agricultural, forestry, and fisheries production, potential outbreaks of plant and animal diseases, unpredictable weather conditions, more severe El Nino with intense heat, water shortage risks for AFF production, and forest fires in many areas are still at high levels. These factors will impact production and business, requiring the entire sector to make efforts, concentrate resources, seize opportunities, overcome difficulties and challenges, and effectively implement the set goals and solutions to successfully complete the set targets.
Syngenta Crop Protection’s Seedcare business on 5 June, introduced EQUENTO, novel seed treatment that provides outstanding control of various soil pests while helping farmers increase the sustainability of their farming operations
FarmERP, the next-generation farm management platform, has brought a specialised focus on helping Cassava farmers by extending the crop life & bringing plant mortality in Cassava plantations up by 40%…
The Philippine government and the World Bank have entered into a US$600mn (approximately P33.3 billion) loan agreement to support the modernisation of the agriculture and fisheries sector
According to the Ministry of Agriculture and Rural Development (MARD), the agricultural sector strives to successfully achieve the set targets, as the total export turnover of agro-forestry-fishery products in the…
According to industry analysis, the price of cocoa has reached its highest level in 46 years, potentially leading to an increase in the cost of chocolate
According to reports, Taiwan has not registered a single instance of classical swine fever in the past 17 years, raising hope that the country could be officially declared free of…
AgriEID, a pioneer in livestock management, has launched precision-engineered cattle scales, revolutionising farm productivity
The Asian Development Bank (ADB) and Australis Holdings, Inc. signed a US$15mn convertible note to promote climate-resilient, ocean-based barramundi and seaweed aquaculture in Vietnam
A joint collaborative project funded through Innovate UK and Defra’s Farming Innovation Programme: Research Starter round two, will use technology to monitor biodiversity 24/7 on a dairy farm in Somerset
Hayleys Agriculture, a prominent agricultural solutions provider in Sri Lanka, has teamed up with Shizuoka Seiki Japan to introduce the latest Shizuoka circulation type grain dryer, featuring advanced Japanese technology
Biome Makers, a leading agtech company in soil health analysis and microbiome technology, announced its commitment to safeguarding and revitalising soil health through concrete actions
The Antimicrobial Resistance Multi-Partner Trust Fund (MPTF) project in Indonesia has been successfully completed through collaboration between the Indonesian Government and the FAO-WHO-WOAH Tripartite
Trouw Nutrition has launched MyMilkPrint, a service which allows feed advisors to calculate the environmental impact of milk at the farm level, enabling them to develop effective emission reduction strategies…
ADM, a global leader in human and animal nutrition, released its outlook on what is driving the advancement of the protein ecosystem
Novus International, Inc., has announced the beginning of a new area of smarter solutions for farmers around the globe – intelligent nutrition
Elevia is a new, innovative feed from Skretting, engineered to offer superior nutrition and water quality in shrimp hatcheries and nurseries
Meyn, a leading poultry processing solutions company, recently introduced the new Physic In-Line Thigh Deboner M1.0 in response to the growing popularity of dark meat chicken
Vietnam’s fruit and vegetable exports are expected to rise to US$4bn this year according to estimations by Vietnamese authorities
A partnership between the Asia-Pacific Society for Cellular Agriculture (APAC-SCA) and the Japan Association for Cellular Agriculture (JACA) has been established with the signing of a Memorandum of Understanding (MoU)
On 12 June, the Itbayat Garlic Farmers Producers Association successfully transported a total of 18,125 metric tons of garlic to the Sual Seaport in Pangasinan
NaturalShrimp, Inc., a Biotechnology Aquaculture Company that has developed and patented the first shrimp-focused commercially operational RAS (Recirculating Aquaculture System), has signed a licensing agreement with Niterra Co., Ltd
Volta Greentech and food company Protos have partnered to significantly increase the production of more climate-friendly beef in Sweden by using Volta Greentech’s feed supplement, Lome
LEMKEN introduced the new IC-Light+ camera control, which also detects the near-infrared range, for its Steketee hoeing machines
The Mekong Delta province of Bến Tre is expanding the development of value chains for key agricultural products
According to a Reuters report, rice prices in Vietnam have surged to their highest level in more than two years due to tight supplies and concerns about the impact of…
Alain Charles Publishing
University House,
11-13 Lower Grosvenor Place,
London, SW1W 0EX, UK
T: +44 20 7834 7676
F: +44 20 7973 0076
W: www.alaincharles.com
Copyright © 2022 Alain Charles Publishing Ltd.