Forum looks to boost farmers' efficiency

Sep 7th at 12:51
07-09-2015 12:51:50+07:00

Forum looks to boost farmers' efficiency

An expected increase in demand for farm produce offers the agricultural sector in the Cuu Long (Mekong) Delta great potential for development, but it should improve its efficiency, panellists told a forum in Can Tho City last Friday.

 

Nguyen Ngoc Hoa, deputy director of the HCM City Department of Industry and Trade and former chairman of Saigon Co.op, said there was an increase in demand for farm produce in both the domestic and export markets.

In addition, consumers, increasingly concerned about food safety and hygiene and the traceability of products' origins, are willing to pay higher prices for safe products.

Nguyen Lam Vien, deputy chairman of the Business Association of High Quality Vietnamese Products and chairman of Vinamit Company, said, "The market needs high-quality produce but there is a scarcity of these products."

With their small-scale production, farmers in the Mekong Delta had limited market information and mostly crop based on traders' requirements. They only managed to get a small percentage of retail prices, he said.

Breaking down this "trader" culture and helping farmers deploy efficient practices to improve quality were very important, he added.

Nguyen Thi Thanh Ha, deputy director of the Thu Duc Agriculture Wholesale Market Management and Trade Company, said her market got 3,500-4,500 tonnes of farm produce each night, and up to 7,500 tonnes during Lunar New Year.

But most products were sold without labels and were piled up for selling, and this should be improved to win consumers' trust, she said.

Farmers should join hands to form co-operatives to work with businesses so that they could get technical support easily as well as fair prices and reduce the cost of transporting their produce to sales points, she said.

Investment to mechanise farming and processing was very important, delegates agreed.

To resolve difficulties related to selling paddy, Nguyen Minh Toai, director of the Can Tho Department of Industry and Trade, said, "We should set up a rice trading floor by encouraging farmers to form a co-operative to grow the same kind of rice with the same production process to enable traceability."

The authorities could offer free drying and storage of paddy allowing the farmers to wait for the best prices to sell, he said.

This would benefit both farmers and businesses, and even the Government, because when this model achieved a large-scale, the Government no longer had to resort to rice buying to shore up prices, he said.

"Measures to raise value of farm produce and boost their consumption" was part of the Mekong Connect-CEO Forum that attracted the participation of 600 business executives, Government officials and experts.

The Mekong Delta's 13 cities and provinces play an important role in the country's economy, accounting for 17.8 per cent of GDP, 80 per cent of rice exports, and nearly 60 per cent seafood exports.

bizhub



NEWS SAME CATEGORY

International franchises seek foothold in Vietnam

Johnny Rockets, an American restaurant franchise is seeking area developers for expansion into Vietnam.

Vietnamese businesses face technical barriers in world market

While tariff barriers have been removed within the framework of free trade agreements (FTAs) that Vietnam has signed, technical barriers have barred domestic...

China remains thorn in side of Vietnam’s exporters

Doing business with China is one of the biggest problems Vietnam has to deal with as it integrates more deeply into the global economy, economists have said.

Annual int’l travel expo to take place in Ho Chi Minh City next week

The annual International Travel Expo Ho Chi Minh City, now in its 11th edition, will kick off next week with at least 6,000 business opportunity meetings between...

Macroeconomic situation stable in Jan-Aug, Vietnam eyes 6.7 percent growth in 2016

Vietnam’s socio-economic conditions in the first eight months fared well enough with almost all targets to be likely achieved by the end of this year, according to...

Japan’s AEON to open first Hanoi mall next month

Japanese retail giant AEON Co. Ltd. is scheduled to inaugurate its first-ever shopping mall in Hanoi next month, less than two years after the grand opening of its...

VN to monitor China economy

The National Financial Supervisory Commission (NFSC) has proposed that a close watch be kept on China's moves in its socio-economic policies in order to react in an...

Minimum wage to jump by 12.4 per cent in 2016

The National Wage Council voted yesterday on a 12.4 per cent increase of minimum wage in the year to come.

Free trade to bolster VN-France business

Trade and investment between Viet Nam and France will benefit from the Viet Nam-EU Free Trade Agreement (VEFTA), thanks to the market that will open up and the cuts...

Can Tho's IZs register investment of $1.96 billion

Industrial zones (IZs) in the Mekong Delta city of Can Tho have 220 projects in operation, with total registered investment capital of some US$1.96 billion.


MOST READ


Back To Top