Vietnam: Growth target of agricultural, forestry and fishery export turnover by 2030

Duc Thao

09:39, 06/09/2022

Recently, the Prime Minister of Vietnam issued Decision 174/QD-TTg approving the Scheme on promoting the export of agricultural, forestry and fishery products until 2030.

According to Vietnam's Decision 174/QD-TTg, the Prime Minister of Vietnam determined the goal of promoting export turnover of agricultural, forestry, and fishery products as follows:

Objectives by 2025 in Vietnam:

The export value of our country's agricultural, forestry, and fishery products is about 50–51 billion USD;
About 20% of exported agricultural, forestry, and fishery products are labeled with national brands. 50% of products can be traced back to their origin;
About 50% of the export value of agricultural, forestry, and fishery products is through processing and deep processing.

Objectives by 2030 in Vietnam:

The export value of our country's agricultural, forestry, and fishery products is about 60-62 billion USD;
The growth rate of export turnover in agriculture, forestry, and fishery is about 6%-8%/year;
About 40% of exported agricultural, forestry, and fishery products are labeled with national brands, and 70% of products are traceable.
About 60% of the export value of agricultural, forestry, and fishery products is through processing and deep processing.

More details can be found in Vietnam's Decision 174/QD-TTg, effective February 5, 2021.

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