Vietnam’s agro-forestry-fishery export forecast to reach up to 55 bln USD in 2024

Vietnam’s agro-forestry-fishery export forecast to reach up to 55 bln USD in 2024
Fishermen and merchants strike deals at a port in Qionghai, Hainan province, on Thursday, as the season's first boats return with fresh fish. MENG ZHONGDE/FOR CHINA DAILY

HANOI, April 4 (Xinhua) — Vietnam’s agro-forestry-fishery sector is able to earn 54-55 billion U.S. dollars in export revenue this year as assigned by the prime minister, Vietnam News Agency reported Thursday, citing the Ministry of Agriculture and Rural Development.

The ministry predicted that Vietnam will see many opportunities in rice export this year, and ship over 8 million tons of grain abroad.

Meanwhile, vegetable and fruit exports are expected to surpass a record set in 2023 to possibly hit 6.5-7 billion dollars.

In the fishery sector, Vietnam saw an increase of 1.9 percent in fishery exports to 1.86 billion dollars in the first quarter.

Vietnam’s agro-forestry-fishery export revenue reached 13.53 billion dollars in the cited quarter, increasing 21.8 percent year-on-year, according to the ministry.

China, the United States and Japan remained top three buyers of Vietnamese agro-forestry-fishery products.