Large-scale fields underdeveloped due to lack of capital

The large-scale field model has developed more slowly after a boom period.

Large-scale field model, a product of cooperation between agriculture enterprises and farmers, initiated by the agriculture ministry, has been implemented on a trial basis in Mekong River Delta provinces since the summer-autumn crop in 2011.

Large-scale fields underdeveloped due to lack of capital

The total area of large-scale fields was reported reaching 20,000 hectares by the 2011-2012 winter-spring crop. The area increased to 26,000 hectares in the 2012 summer-autumn crop, or three times higher than 2011, to 146,000 hectares in 2014 and 196,000 hectares.

Witnessing the rapid expansion of large-scale fields, analysts then said ‘large scale fields are booming’. They also predicted that it would help change the face of agriculture, because only concentrated production in large scale could bring new value chains to agriculture.

Dong Thap province, one of the biggest rice producers in the ‘rice granary’ of Mekong River Delta, pioneered the large-scale field model.

The provincial agriculture department said that with the appearance of modern large-scale rice fields, the production technique of cooperatives has improved significantly. Since rice production is now mechanized, productivity and quality have been upgraded significantly.

However, the development of the model has unexpectedly slowed down in recent years. A report of the Plantation Agency under the agriculture ministry said the Mekong Delta had 170,000 hectares of large-scale rice fields in the 2017-2018 winter-spring crop, just 10 percent of total rice fields at the same time (1.68 million).

The provincial agriculture department said that with the appearance of modern large-scale rice fields, the production technique of cooperatives has improved significantly. Since rice production is now mechanized, productivity and quality have been upgraded significantly.


According to Hoang Trung Kien from Kien Giang Agriculture Expansion Encouragement Center, the center developed five large-scale fields (2,237 hectares) in the 2018-2019 winter-spring crop.

 

In addition, provincial farmers also joined forces with enterprises to cultivate on 22 large-scale fields more (20,000 hectares). However, the 22.237 hectares was modest if compared with the total area of 289,000 hectares of rice fields.

Pham Thai Binh, director of Trung An Hi-tech Agriculture JSC, said large-scale field is a very effective production model, but it still cannot develop because enterprises lack capital.

“Commercial banks refuse to provide loans, or they disburse capital in dribs and drabs,” he said, adding that at first, the company had 8,000 hectares of large-scale fields, but the area has shrunk to 5,000.

Meanwhile, Nguyen Van Hinh from An Giang Rural Development Sub-department, said though farmers can see the strong points of the large-scale field model, they still lack confidence. In many cases, farmers don’t strictly follow the technical procedures set by enterprises, thus affecting output and consumption.

Vo Tong Xuan, rector of Nam Can Tho University, said farmers, who are used to small-scale production, should ‘think big’ and cooperate with enterprises to organize production on a large scale for bigger profits.

Rice production in Vietnam's Mekong Delta took wrong path: expert

Rice production in Vietnam's Mekong Delta took wrong path: expert

While the entire society was still in dreaming of being a rice export power, farmers were realistic, realizing that the higher the yield of rice, the lower profit they would get because of higher fertilizer and pesticide costs.

Alluring Tam Coc in ripe rice season

Alluring Tam Coc in ripe rice season

A tourism week is taking place in Tam Coc, Ninh Binh province, aiming to promote tourism in the locality during the summer when rice fields turn bright yellow and look majestic, romantic and poetic.  

TBKTSG

 
 

Other News

.
Businesses wait for bank debts rescheduling
Businesses wait for bank debts rescheduling
BUSINESSicon  15/09/2021 

A week after the State Bank of Vietnam issued Circular 14 on debt rescheduling to alleviate the difficulties faced by businesses due to the COVID-19...

When the two 'locomotives' restart at the same time
When the two 'locomotives' restart at the same time
FEATUREicon  14/09/2021 

Contributing about 45% of the country’s GDP, HCM City and Hanoi are considered the two engines pulling the national economy. Both must be healthy and go hand in hand to revive the pandemic-hit economy.

Post-pandemic economic recovery plans in the pipeline
Post-pandemic economic recovery plans in the pipeline
BUSINESSicon  14/09/2021 

The Ministry of Planning and Investment (MPI) plans to submit its economic recovery project to competent authorities for approval in October, with the 2022 to 2023 period to be identified as the ideal time for recovery efforts.

Consumers warned against buying Chinese mooncakes with no clear origin, quality
Consumers warned against buying Chinese mooncakes with no clear origin, quality
BUSINESSicon  15/09/2021 

Mooncakes with no clear information about origin, manufacturer names or quality are being sold at surprisingly low prices. Consumers have been advised to be cautious when buying mooncakes online.

Plan to re-open Vietnam’s aviation market revealed
Plan to re-open Vietnam’s aviation market revealed
BUSINESSicon  14/09/2021 

The plan to restore the domestic air transport market, developed by the Civil Aviation Authority of Vietnam (CAAV), has been divided into three phases.

VIETNAM BUSINESS NEWS SEPTEMBER 14
VIETNAM BUSINESS NEWS SEPTEMBER 14
BUSINESSicon  14/09/2021 

Vietnam needs additional 1 million ICT personnel by 2030

Vietnamese billionaire enters $10 billion pork, animal feed market
Vietnamese billionaire enters $10 billion pork, animal feed market
BUSINESSicon  14/09/2021 

After successfully entering the fish sauce market, billionaire Nguyen Dang Quang has invested in two segments with high potential: the US$10 billion pork and animal feed market.

Decree for Fintech sandbox to be submitted in Q4
Decree for Fintech sandbox to be submitted in Q4
BUSINESSicon  14/09/2021 

The Government has issued a resolution to create a sandbox for financial technology (Fintech) in the country’s banking sector.

Over 60% of US firms will not consider shifting production out of Vietnam
Over 60% of US firms will not consider shifting production out of Vietnam
BUSINESSicon  13/09/2021 

A flash survey by the American Chamber of Commerce in Vietnam revealed that while many US companies' operations in Vietnam have been affected significantly by the pandemic, the majority do not want to shift production out of Vietnam.

Hao Hao instant noodles in EU: supplier to company used EO to sterilize materials
Hao Hao instant noodles in EU: supplier to company used EO to sterilize materials
BUSINESSicon  14/09/2021 

Acecook Vietnam, after checking up on material suppliers, has found that a supplier used Ethylene oxide (EO) to sterilize some materials.

VIETNAM BUSINESS NEWS SEPTEMBER 13
VIETNAM BUSINESS NEWS SEPTEMBER 13
BUSINESSicon  13/09/2021 

Banks on road for digital transformation

Fish harvesting teams need to be set up amid pandemic
Fish harvesting teams need to be set up amid pandemic
BUSINESSicon  13/09/2021 

Localities should establish groups and teams for harvesting fish that could facilitate the issuance of travel permits in groups instead of individual travel permits amid the COVID-19 pandemic.

Cold storage, sweet but high-hanging fruit
Cold storage, sweet but high-hanging fruit
BUSINESSicon  13/09/2021 

The trend of shoppers going online en masse is driving demand for cold storage facilities in most countries, with Vietnam seemingly among those with a severe short supply.

Vietnamese keen on cryptocurrencies: surveys
Vietnamese keen on cryptocurrencies: surveys
BUSINESSicon  13/09/2021 

According to a survey by Chainalysis, Vietnam's cryptocurrency market has grown by 881 percent year-on-year, ranking first out of 154 countries in the "Global Cryptocurrency Adoption Index 2021" ranking.

Agricultural by-products: a billion-dollar 'gold mine' in Vietnam
Agricultural by-products: a billion-dollar 'gold mine' in Vietnam
FEATUREicon  13/09/2021 

Agricultural by-products are called the "gold mine" of the Vietnam agricultural industry with up to 156 million tons per year. But these lucrative sources have been neglected for many years.

Hanoi woman earns over $14 million from writing apps for Google and Apple
Hanoi woman earns over $14 million from writing apps for Google and Apple
BUSINESSicon  13/09/2021 

A 29-year-old Hanoi woman earned VND30 billion (nearly $14.5 million) a year by writing software for Google Play and App Store, paying tax of VND23.4 billion (over $1 million).

VIETNAM BUSINESS NEWS SEPTEMBER 12
VIETNAM BUSINESS NEWS SEPTEMBER 12
BUSINESSicon  12/09/2021 

Vietnam continues to be attractive investment destination: HSBC

NA Chairman witnesses signing of deals between Vietnamese and European firms
NA Chairman witnesses signing of deals between Vietnamese and European firms
BUSINESSicon  12/09/2021 

NA Chairman Vuong Dinh Hue witnessed the handover of donations of medical supplies to Vietnam and the signing of several agreements between Vietnamese and European businesses at a ceremony held in Helsinki on September 11.

Real estate remains attractive to foreign investors
Real estate remains attractive to foreign investors
BUSINESSicon  11/09/2021 

With a total registered capital of nearly US$1.6 billion during January-August, real estate continued to rank third among 18 sectors attracting foreign direct investment (FDI).

Government issues resolution to support businesses
Government issues resolution to support businesses
BUSINESSicon  11/09/2021 

Facing the decline in resilience of businesses, cooperatives and business households in the rapidly spreading COVID-19 pandemic, the Government has issued Resolution No 105/NQ-CP on supporting businesses.

 
 
 
Leave your comment on an article

OR QUICK LOGIN