New 40 agricultural firms set up in HCM City in three months
Wednesday, March 25,2020AsemconnectVietnam - 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.
The latest addition has brought the number of businesses operating in the field to 1,722.
HCM City’s agricultural production value in the first quarter increased 4.3% year-on-year, according to the department.
This is a positive sign amid the complicated developments of COVID-19, as the local agricultural sector is exerting efforts to ensure supplies of essential food for locals.
In the reviewed period, HCM City-based firms exported about 490 tonnes of seeds, along with 10,000 honeysuckle trees.
They also shipped 5.21 million ornamental fish abroad, earning US$6.1 million.
Approximately 21.8 tonnes of vegetables with origin-tracing stamps are produced per day, accounting for 53.1% of the city’s total output.
The combined cultivation area meeting VietGAP standard is 11,313ha, or 60% of the city’s vegetable farms.
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