Vietnam eyes $21 billion in cultivation exports in 2018The cultivation sector aims to gross over 21 billion USD in export turnover in 2018, representing a year-on-year rise of 2.2-2.3 percent, according to the Ministry of Agriculture and Rural Development. This year, the country aims to increase the fruit plant area to about 930,000 hectares and create high added value products. Industrial crop growing areas such as coffee, rubber, tea and cashew nut will be gradually reduced to 645,000 hectares, 950,000 hectares, 132,000 hectare and 300,000 hectares, respectively. Vietnam earned a record of some 3.45 billion USD from fruit and vegetable exports in 2017, rising by 40.5 percent from last year. China, Japan, the US and the Republic of Korea were among the biggest importers of Vietnamese fruits and vegetables.

Source: VietNamNet News February 21, 2018 04:30 UTC