Vietnam's farm product export surges in first 7 months
Vietnam obtained farm and forestry product export turnovers of US$3.2
billion in the first 7 months of this year, rising 30.4 percent over the same
period last year.
The growth is mainly attributed to rising demand for the
products and increasing prices of such commodities as rice, rubber and woodwork
in the world market, according to the country's Ministry of Agriculture and
Rural Development on Monday.
The items recording high export growth in the
period included woodwork, increasing 47.8 percent to US$843 million; vegetables
and fruits, up 40.6 percent to US$138 million; rice, up 35.9 percent to US$869
million; and cashew nuts, up 19.5 percent to US$244 million.
export of coffee, tea and pepper respectively decreased 22.3 percent, 30.1
percent and 14 percent in volume and 9.8 percent, 21.2 percent and 12.3 percent
To export more farm and forestry products, Vietnam is focusing on
building brands, registering product trademarks, improving quality, exploiting
traditional markets such as China, the United States, Japan, and the European
Union, and seeking new ones.
The country has targeted to export US$4.5
billion worth of agriculture and forestry products in 2005, a year-on-year rise
of 4.7 percent. Its export value from the products soared 31 percent to US$4.3
billion last year.