While Phu Yen lobster prices are surging, VND100,000 per kilogram more expensive than the previous crop, other aquatic specialties including ca lang (hemibagrus) and hau sua (oyster milk) have seen prices plummet, causing big losses for farmers.
“We have to figure out a new ‘farm produce path’ that allows us to connect fields and markets,” said Minister of Agriculture and Rural Development Le Minh Hoan.
A group of experts of the Hanoi-based National Economics University have put forward several immediate solutions to remove bottlenecks and connect disrupted supply chains that have impacted localities hit by COVID-19.
As China has unexpectedly stopped collecting bananas, a large amount of bananas remains unsold, including 20,000 tons in Lao Cai and Lai Chau alone.
Reporting on the effects of the Prime Minister Directive 16 in southern provinces, Taskforce 970 said that production and consumption of farm produce have become stable but prices of some seafood, poultry meat and pork have begun increasing again.
Minister of Industry and Trade (MoIT) affirms that Vietnam's export goods do not contain the SARS-CoV-2 virus, unlike some sources have stated.
To maintain supply chains, Ministry of Agriculture and Rural Development (MARD) wants to set up ‘buffer zones’ to gather farm produce and build ‘green passages’ and ‘green zones’ for farm produce distribution.
An online forum has been organized to discuss solutions to help 19 southern provinces sell their farm produce.
Postmart and Vo So e-commerce sites have been assigned to place farm produce on sale, thus promoting the digital economy in agriculture and rural development.
Vegetable and fruit prices have plummeted recently because they cannot be exported to China. In fruit centers, farmers are incurring big losses despite bountiful crops.
For years, farmers had to rely on the wholesale distribution method and could not sell products directly to consumers. But that has changed in recent years.
Cambodia has obtained the go-ahead to export mangoes to China, becoming a new rival for Vietnam in the 1.4 billion consumer market.
Vietnam’s digital economy will likely reach 52 billion USD in value by 2025, according to the e-Conomy SEA 2019 report by Google, Temasek and Bain & Company.
Farming in Vietnam has become more digitized, which has eased the workload and increased sales of products to people who live in other localities.
Hanoi plans to develop an app to sell farm produce and organize an e-commerce supply chain in an effort to build a close link among producers, logistics and e-commerce service providers.
After a long period of sinking to the bottom and causing big losses for farmers, the price of pepper, often called "black gold", has skyrocketed.