LATEST NEWS

Agro-forestry exports earn $4.8 billion

   10/5/2006

Ha Noi: Agro-forestry exports earned US$640 million in August, raising the sector’s total export revenues in the first eight months of the year to $4.8 billion, an annual increase of 24.3 per cent, according to the Ministry of Agriculture and Rural Development. The export value of agricultural products reached $3.4 billion, a rise of 35 per cent over the same period last year, while export revenues from forestry products rose nearly $1.4 billion, up 23 per cent. Export of a number of staples increased in both quantity and revenue. Coffee exports rose 7 per cent, earning 56 per cent more in export turnover. Rubber exports grew 45 per cent, for a whopping 121 per cent increase in turnover. Tea exports grew 46 per cent in volume and 33.6 per cent in revenue, while cashews grew 31.4 per cent in volume and 9.5 per cent in revenue. Pepper exports rose 36 per cent, for a 45 per cent increase in export revenue. Export prices of tea and cashews declined, but export volumes increased sharply. Meanwhile, export revenues from some other products, including peanuts and vegetable oil, fell notably due to fluctuating prices on the world market. In the fourth quarter of this year, the ministry will instruct affiliates to help enterprises market Vietnamese agricultural trademarks in order to increase the number of export contracts and meet annual export targets.

VNS (06-09-2006)
10/5/2006

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