- Rice exporters would have to find new contracts worth just 400,000 tonnes to meet the second quarter's export target of 2 million tonnes, said the Viet Nam Food Association (VFA).
The seafood sector will require additional investment totalling VND40 trillion (US$1.9 billion) between now and 2020 in order to sustain export growth in a highly competitive global market and continue meeting stricter international food safety standards, according to a new Government plan for the development of the industry.
Vietnam’s export turnover of agricultural, forest and aquatic products achieved a vigorous growth rate of 50.7 percent year-on-year in the first two months of this year to nearly US$3.6 billion.
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