Vietnam: agriculture overcome difficulties

Published 2020년 12월 24일

Tridge summary

Despite the challenges posed by the Covid-19 pandemic and severe natural disasters, Vietnam's agricultural sector saw growth in 2020, with a projected increase in production value by 2.75% and a record-setting export turnover of 41.2 billion USD. The sector overcame obstacles to maintain negotiations and open markets, successfully exporting various products to new markets and experiencing growth in key commodity groups such as wood and wood products, shrimp, vegetables and fruits, cashew nuts, and rice. The country also managed to increase the use of high quality rice varieties, achieving a significant increase in cultivation prices and productivity.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In unprecedented difficulties, especially the impact of the Covid-19 epidemic, the agricultural sector in 2020 still maintains its growth. Export of agricultural, forestry and fishery products set a new record, Prime Minister Nguyen Xuan Phuc and Minister of Agriculture and Rural Development Nguyen Xuan Cuong and leaders of Tien Giang province checked the situation of salt drought on durian trees on September 23, 2020. Photo: Minh Dam. In 2020, our country's agriculture and rural development sector will face a series of great difficulties and challenges. The Covid-19 pandemic happened complicatedly, affecting the socio-economic life, disrupting global supply chains, directly affecting production and export, import and consumption of agricultural products. . The consumption market for some agricultural products tends to decrease and is affected by the trade war between major economies, and countries have increased the application of protective measures and technical barriers. ...

Source: Vinacas