Under the MoU, the two nations will continue bilateral cooperative programs and promote trade in agriculture.
Currently, Finland is supporting Viet Nam in human resource training and implementing projects relevant to the national forest information data to help the Southeast Asian country manage its forest information system in an effective manner.
Addressing the signing ceremony, Antti Kurvinen said that Finland will also assist Viet Nam in realizing its commitments made at the COP26 on climate change adaption.
Meanwhile, the Vietnamese Minister hoped that Finland will help Viet Nam strengthen its forest management capacity, including the realization of the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES).
Data of the Ministry of Agriculture and Rural Development showed that over the last nine months of 2022, Viet Nam's agro-aquatic-forestry exports hit US$40.8 billion, up 15.2 percent compared to the same period last year.
Export value of key farm products was estimated at US$16.8 billion, up 7.5 percent while that of forestry and aquatic products reached US$13.3 billion and US$8.5 billion, up 10.8 percent and 38 percent, respectively.
Viet Nam's goal to raise farm-aquatic-forestry product export turnover to around US$50 billion in 2022 is likely achievable, said the ministry.