That’s the outcomes of the efforts to shift to inexperienced agriculture, enhance the making use of of science and experience and meet worldwide necessities.
The precept objects equal to rice, espresso, fruit and aquatic merchandise have made good progress. Rice export reached a doc of 9 million tons, bringing higher than 5.7 billion USD, of which the Mekong Delta contributed higher than 90%. Exports of fruit and veggies reached US $ 7.2 billion, an increase of US $ 1.6 billion compared with 2023, durian durian contributed US $ 3.4 billion. Aquatic merchandise moreover recorded sturdy growth with export turnover of US $ 10 billion, up 12.7%; Throughout which shrimp reached US $ 4 billion (up 16.7%) and Pangasius reached US $ 2 billion (up 8.9%). The Mekong Delta at current accounts for higher than 65% of fruit manufacturing and higher than 70% of the nation's fishery manufacturing, confirming the central perform of the world throughout the nationwide agricultural present chain.
Nonetheless, in order to protect and strengthen its place throughout the worldwide market, this area needs synchronous strategies, along with infrastructure funding, commerce connection and innovation of producing and export methods. Along with that, it is compulsory to unravel challenges equal to native climate change, saline intrusion, landslides and increasingly more strict requirements of the import market. In addition to, the stress from the “commerce warfare” and the unpredictable commerce protection of US President Donald Trump's administration requires flexibility in market entry strategies and adaptation of changes.
For the time being, although there have been optimistic shifts throughout the proportion of agricultural merchandise throughout the route of refined processing, most of Vietnam's export agricultural manufacturing continues to be in powerful or preliminary processing, and the added price is simply not extreme. Within the meantime aggressive nations equal to Thailand and Indonesia have invested carefully in deep processing experience, branding and supply chains. With the intention to reinforce the competitiveness, we’ve got to advertise the occasion of the processing commerce, assemble sturdy agricultural producers for key agricultural merchandise.
Considered one of many fundamental challenges for agriculture is the dependence on imported raw provides and the have an effect on of world market prices. Dwelling manufacturing costs, from fertilizer, animal feed to maneuver are affected by worldwide monetary fluctuations. In addition to, many agricultural merchandise are nonetheless subject to “devaluation season” on account of there is not a shut hyperlink between manufacturing and consumption.
Because of this reality, establishing a stronger agricultural price chain, from manufacturing to consumption, is an urgent requirement. This requires firms to place cash into deep processing, mannequin enchancment and broaden export markets.
For the fisheries, the Mekong Delta accounts for higher than 70% of the nation's farming manufacturing, notably shrimp and pangasius. In 2024, shrimp exports reached US $ 4 billion, pangasius reached US $ 2 billion, reflecting good restoration and growth. Nonetheless, the US market and the European Union (EU) are tightening meals safety necessities, traceability and environmental security. The fisheries commerce must take care of establishing a world customary farming area, investing in deep processing, promoting mannequin promotion, strengthening negotiations to broaden new markets other than standard markets.
Vietnamese agriculture has good potential to proceed affirming its place on the planet market. Nonetheless, in order to protect the growth momentum, it is important to have shut coordination between the Authorities, firms and farmers in renovating manufacturing methods, enhancing prime quality and growing the market. It is important to have insurance coverage insurance policies to assist agricultural export enterprises in accessing new markets, promoting the making use of of extreme experience in manufacturing and processing along with establishing a nationwide mannequin for key objects.
The initiative, creativity and flexibility could be the important thing to serving to Vietnamese agricultural merchandise not solely protect the sensible spot however moreover attain further on the worldwide agricultural map.