Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at 13.53 billion USD, up 21.8% over the same period last year; and this results in a trade surplus of 3.36 billion USD, a rise of 96.5%, according to the Ministry of Agriculture and Rural Development (MARD). In March alone, the figure hit 4.85 billion USD, a year-on-year rise of 6%. Of the total, the contribution from major agricultural products was 2.75 billion USD, major forestry products 1.22 billion USD, aquatic products 653 million USD, and livestock 43.6 million USD. In the first quarter of this year, upturn has been seen in the export value of all exports, including agricultural products (31.1%), forestry products (18.8%), aquatic products (1.9%), and coffee (44.4%). There are four products recording export revenue of over 1 billion USD, namely wood (2.32 billion USD), fruits and vegetable (1.23 billion USD), rice (1.37 billion USD), and coffee (1.9 billion USD). Meanwhile, many products enjoy a rise in export prices, including rice, coffee, rubber, and peppercorn. Strong rise has been seen in the export revenue from major markets, including Asia with 16.6%, the US 27.2%, Europe 34.8%, Oceana 22.9%, and Africa 21.6%. So far, China, the US, and Japan have still been the three leading markets of Vietnamese agro-forestry-fisheries products, with respective consumption of 20.2%, 19.9%, and 7% of Vietnam’s total export volume. The MARD said that along with guiding farmers in applying suitable crop and livestock structure, it will focus on developing domestic and foreign markets for the agro-forestry-fisheries products, and creating favourable conditions for exporting activities.
Over 200,000 ha of Vietnam's shrimp farms are cultivated organically and ecologically, certified by international organizations.
Vĩnh Hoàn Corporation (stock code: VHC – HoSE) has outlined an ambitious business plan for 2025, targeting revenue of VND 13,800 billion (up 10.3% from 2024) and after-tax profit of VND 1,500 billion (up 22.3%). This follows a successful 2024, where the company recorded revenue of VND 12,513 billion (exceeding 109% of the plan) and after-tax profit of VND 1,226 billion (surpassing 123% of the VND 1,000 billion profit target). The 2025 Annual General Meeting of Shareholders is scheduled for April 24 in Ho Chi Minh City to discuss these plans.
Sa Giang Import-Export Corporation continues to assert its position as one of the leading export enterprises in Đồng Tháp, achieving a revenue of thousands of billions of VND from shrimp crackers and rice paper in the past year.
(seafood.vasep.com.vn) After three years of implementation, the UK-Vietnam Free Trade Agreement (UKVFTA) has yielded positive results for Vietnam’s tuna exports. The United Kingdom officially became a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on December 15, 2024. This is expected to bring significant benefits for seafood enterprises, particularly in terms of tariffs and intra-bloc origin regulations - especially for tuna products.
On March 3, Sa Giang and Citek officially launched a comprehensive enterprise digital transformation project using the GROW with SAP solution.
(seafood.vasep.com.vn) According to the Action Plan to implement the growth targets for agriculture, forestry, and aquaculture from the Bình Định Department of Agriculture and Environment, which has just been issued, the goal for 2025 is to achieve an overall GRDP growth rate for the entire sector from 3.6% to 3.8%, with the highest effort to reach a growth rate of 3.8%.
(seafood.vasep.com.vn) The area for Pangasius farming in Dong Thap currently exceeds 1,332 hectares, with over 180 hectares harvested, yielding 81,733 tons of fish. The Pangasius industry has 87% of its production area in line with the planning regulations; most production areas apply technical procedures and standards to meet the market requirements of importing countries.
The UK joining CPTPP not only does not create barriers but also brings many advantages and great opportunities for domestic footwear and seafood businesses.
Deputy Minister of Agriculture and Environment Phùng Đức Tiến talked to Việt Nam News reporter Tố Như about the future development orientation after the ministry officially began operations.
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