New 40 agricultural firms set up in HCM City in three months

As many as 40 new agro-forestry-fishery firms were established in Ho Chi Minh City in the first three months of 2020, despite the impacts of the COVID-19 outbreak, revealed the municipal Department of Agriculture and Rural Development.
New 40 agricultural firms set up in HCM City in three months ảnh 1Vegetable processing at Phuoc An cooperative in HCM City (Photo: www.sggp.org.vn)

Hanoi (VNA) –
As many as 40 newagro-forestry-fishery firms were established in Ho Chi Minh City in the firstthree months of 2020, despite the impacts of the COVID-19 outbreak, revealedthe municipal Department of Agriculture and Rural Development.

The latest addition has brought the numberof businesses operating in the field to 1,722.

HCM City’s agricultural production value inthe first quarter increased 4.3 percent year-on-year, according to the department.

This is a positive sign amid the complicateddevelopments of COVID-19, as the local agricultural sector is exerting effortsto ensure supplies of essential food for locals.

In the reviewed period, HCM City-basedfirms exported about 490 tonnes of seeds, along with 10,000 honeysuckle trees.

They also shipped 5.21 million ornamentalfish abroad, earning 6.1 million USD.

Approximately 21.8 tonnes of vegetableswith origin-tracing stamps are produced per day, accounting for 53.1 percent ofthe city’s total output.

The combined cultivation area meeting VietGAPstandard is 11,313ha, or 60 percent of the city’s vegetable farms./.
VNA

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