The forestry sector will protect, develop and sustainably use existing forest areas and land fund for forest development with a view to raising the country’s forest coverage to 47.25% in 2017.
Deputy Prime Minister Vuong Dinh Hue on August 21 said the target of re-organising agricultural and forestry companies by 2020 is within reach.
Export revenues of agro-forestry-fishery products in April is estimated to hit 3.5 billion USD, pushing the figure in the first four months of this year to 12.4 billion USD, equivalent to the figure recorded in the same period last year, reported the Ministry of Agriculture and Rural Development.
Vietnam’s agro-forestry-fishery exports in February hit 1.93 billion USD, bringing the figure in the first two months of this year to 5.5 billion USD, a decrease of 1.6 percent year-on-year, according to the Ministry of Agriculture and Rural Development (MARD).
The Vietnamese and Cambodian ministers of agriculture had a meeting in Hanoi on October 12 to discuss ways to promote cooperation in agriculture, forestry, and fisheries between the two countries.
Export revenue of forestry products between January and September is estimated to surge 14% year on year to US$6.64 billion, accounting for 23% of Vietnam’s total agro-forestry-fishery shipments.
Vietnam’s export earnings from agro-forestry-aquatic products are likely to exceed 40 billion USD this year after reaching 15.6 billion USD in the first five months, said Minister of Agriculture and Rural Development Nguyen Xuan Cuong.
Agri-forestry-fishery exports are expected to grow by 1.2-1.4% to reach US$31 billion this year, said the Ministry of Agricultural and Rural Development (MARD) representative at a press conference in Hanoi on November 9.
The forestry sector will work to increase its average production value to between 5.5% and 6% a year, forest coverage rate to 42 percent, and export value to at least US$8 billion annually from now to 2020.