Agriculture sector urged to earn US$44 billion from exports next year

During a teleconference on December 24 to review the Ministry of Agriculture and Rural Development’s performance in 2020 and set tasks for 2021, PM Phuc affirmed that agriculture, farmers and rural development continued to be an important mainstay of the economy despite difficulties this year.

According to the government leader, the country’s two-way trade reached nearly US$541 billion this year, of which over US$41 billion was from the agriculture sector.

He hailed the sector for fulfilling four important goals assigned by the Party and State, including achieving a growth rate of over 2.65%, record export revenue of US$41.2 billion, a trade surplus of US$10.4 billion, and five groups of products gaining more than US$3 billion in export revenues.

Regarding the processing industry in agriculture, he said 68 farm produce processing plants have been built over the past five years, including 20 establishments constructed in 2020. Targets in new rural development have also been surpassed.

The PM also praised the agriculture sector for making efforts in flood and drought prevention and control, helping to mitigate losses of humans and property.

Apart from risks related to extreme weather conditions, he said there are a lot of opportunities offered by 14 new-generation free trade agreements, including the European Union-Vietnam Free Trade Agreement (EVFTA), the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Regional Comprehensive Economic Partnership (RCEP).

For 2021, the PM required the sector to spare no efforts to achieve a growth rate of around 3%, increase the value of agro-forestry-fisheries production by over 3% and raise forest coverage to 42%, plant 1 billion trees in urban, remote and rural areas, establish 2,000 new agriculture cooperatives to raise the total number to about 20,000, 16,500 of them operate effectively.

He asked the Ministry of Planning and Investment to allocate mid-term capital for the sector for the 2021-2025 period, including stepping up the adoption of digital technology for production and consumption as well as attracting more enterprises to agriculture, especially foreign-invested firms.

Localities and producers were required to supply high-quality products with good designs and food safety to the domestic market, ensure the supply of pork at reasonable prices for the upcoming Lunar New Year festival.