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Summary

46 TRADE - MARKET
Policies needed for supporting
industry to see breakthroughs

D espite the results achieved, the scale and capacity
of supporting industry companies remain
limited, making it difficult for them to join the
supply chains of global corporations. Removing
bottlenecks and finding solutions to improve their
competitiveness therefore needs to be enhanced.
Companies also need to proactively innovate and apply
modern science and technology, and build appropriate
production and business strategies to promote their
advantages and enhance their competitiveness.

48 TRADE - MARKET

Agriculture, forestry and fishery sector
determined to hit export target of
$54 billion

I n the first nine months of 2023, agriculture, forestry and
fishery product exports reached only $38.5 billion. In order to
reach the annual target of $54 billion, the remaining months
need to bring in an additional $15.5 billion. The Ministry of
Agriculture and Rural Development (MARD) remains steadfast in
reaching the target of $54 billion, which is higher than the $53.2
billion posted in 2022. However, in the current difficult context, this
is no easy task, and requires determination, dynamism, and
creativity from agricultural, forestry and fishery exporters to
overcome the difficulties and challenges.