Vietnam is currently a signatory to 16 free trade agreements (FTAs), which are described as highways connecting Vietnam’s economy with major trading partners in the world. In the agricultural sector, FTAs have become a powerful driving force, marking significant achievements across the entire industry. The agricultural sector posted a GDP growth of 3.83% last year, the highest in the past decade. The total export turnover of agro-forestry-fishery products amounted to 53 billion USD. In the first five months of this year, the total export value of the sector reached 24.14 billion USD, a 21% rise compared to the same period last year.

Source: Vietnam News Agency