VIETNAM TARGETS US$100 BILLION IN ANNUAL AGRICULTURE EXPORT REVENUE BY 2030

Rice harvest in the Mekong Delta - PHOTO: TRUNG CHÁNH

HCMC – The Ministry of Agriculture and Environment has set an annual export revenue target of US$73-74 billion in 2026 and US$100 billion by 2030 for the agriculture, forestry and fishery sectors, higher than the historic amount of US$70.09 billion last year.

The specific sectoral breakdown for 2026 includes agricultural products with US$40 billion (up 7.2% against last year), fishery products with US$12 billion (up 7.6%) and forestry and wood products with US$18.8 billion (up 3.6%).

The ministry’s long-term strategy involves transitioning from “agricultural production” to a “sustainable agricultural economy,” prioritizing environmental protection over GDP growth at any cost.

There are four key focus areas for 2026 and the 2026-2030 period. Identifying science and technology as the primary driver for harvesting and deep processing to increase value-added margins and decreasing wild-capture output while increasing aquaculture volume are the first two priorities. The forestry sector will integrate AI and digital transformation for forest fire prevention and management.

Others are tightening regulations on food safety, traceability, and “growing area codes” to enhance the national brand’s reputation and scaling successful models such as the “1-million-hectare high-quality, low-emission rice” project in the Mekong Delta, to promote a circular and green economy.

Source: The Saigon Times