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Update news agriculture
Minister of Agriculture and Rural Development Le Minh Hoan noted that the shortcomings of Vietnam’s agriculture sector is weakness in communications and the promotion of products.
Vietnam enjoyed the largest trade surplus ever, about US$4 billion, in the first four months of this year, 3.2 times higher than the previous year, according to the Ministry of Agriculture and Rural Development (MARD).
Technology utilization and market development are the keys to development of Vietnam’s agriculture.
Self-contained large-scale pig farms combined with fish farming and rice cultivation has brought tens of billions of VND, or $1 million each year, to Ninh Binh farmers.
Vietnamese corporations have made great strides in the agricultural sector. Many deals have been successful and there are also ongoing deals that promise to create new "empires" in the region.
Growing tomatoes via smartphones and sitting on the top of mountain selling vegetables to the US from a distance are what some Vietnamese farmers are doing today.
Minister of Agriculture and Rural Development Nguyen Xuan Cuong talks about measures to promote modern agricultural development.
The Party and State define agriculture, farmers and rural areas as a significant part of the national industrialisation, modernisation, Prime Minister Nguyen Xuan Phuc has stated.
PM Nguyen Xuan Phuc has approved a plan to develop the livestock sector for the 2021-2030 period with a view to 2045.
Though Vietnam’s agricultural sector will receive attention from the forthcoming EU-Vietnam Free Trade Agreement, it needs to overcome some challenges to enjoy optimum preferential treatment.
A number of high-tech agricultural projects have been proposed in Hanoi, a trend encouraged by the recent Hanoi investment promotion conference.
The EU-Vietnam Free Trade Agreement (EVFTA) will not only help to raise export turnover but also increase the competitiveness of Vietnamese fruit and vegetables and fisheries products in the European market.
Vietnam will strive to be among the world’s top 15 most developed countries in agriculture by 2030 with agricultural processing to rank in the world’s top 10.
The State Bank of Vietnam has directed the banking sector to develop a VND250 trillion ($10.87 billion) credit support programme to help companies hit by the COVID-19 pandemic.
Minister of Agriculture and Rural Development Nguyen Xuan Cuong wants countrywide improvements in developing plans to respond to natural disasters.
More farmers in the Mekong Delta have restructured their crop cultivation to adapt to the effects of climate change.
Tran Ba Duong, a member of top 10 stock billionaire, president of Thaco, an automobile manufacturer, has joined hands with the ‘King of Catfish’ Duong Ngoc Minh, president of Hung Vuong Group (HVG).
Vietnam is pursuing an ambitious plan to become a global agricultural powerhouse by 2030, according to Government Resolution 53/NQ-CP.
The digital transformation is being considered the key to unlock sustainable development of livestock for the country, with large-scale breeding farms investing more in digital farming.
Seventeen large investment projects in the agriculture sector with total investment capital of VND20 trillion became operational in 2019.