VN farmers urged to shift from rice to corn

Oct 8th at 17:54
08-10-2016 17:54:54+07:00

VN farmers urged to shift from rice to corn

Economists and experts warn that Viet Nam should restructure its farming industry, making it less rice-oriented and focusing more on producing breeding materials in order to reduce its over-dependence to imported animal feed.

 

In an article published this week, the Vietnam Economics News quoted some industry insiders as saying that the shift from rice to corn might help ensure sustainable development of local animal feed production

The head of the Ministry of Agriculture and Rural Development's Plantation Department, Ma Quang Trung, said Viet Nam recorded a rice surplus of approximately seven million tonnes each year, but needed to import a large quantity of corn for animal feed due to its failure to meet domestic demand. Currently, the price of Vietnamese corn is higher than that of imported corn. Thus, the most important tasks involve effectively converting rice farming to corn while reducing the cost of corn, Trung said.

According to the latest ministry statistics, Viet Nam imported roughly US$2.1 billion worth of animal feed and raw materials, including corn and soybean, over the past eight months, down 6.2 per cent from the same period a year ago.

Most of the animal feed and raw materials were imported from Argentina, the US and China, according to the data.

To deal with the issue, the chairman of Viet Nam Animal Feed Association Le Ba Lich has called for State financial assistance to help farmers convert from rice to corn crops, as well as help in technical aspects of cultivation.

He also emphad the importance of developing a sufficient irrigation system to raise domestic corn productivity, which stood at only only 4-5 tonnes per hectare, much lower than 9-10 tonnes in other countries.

The State should also incentivise enterprises investment in animal feed production, he added.

The ministry has set a goal of turning 668,000 hectares of rice-growing land into corn-growing land in northern mountainous provinces within five years.

Earlier this year, the Government decided to provide farmers shifting from rice growing to corn with up to VND3 million per hectare to buy seeds.

bizhub



NEWS SAME CATEGORY

A better life for textile traders

The Ministry of Industry and Trade has submitted a proposal to Prime Minister Nguyen Xuan Phuc suggesting solutions to issues raised by the Viet Nam Textile and...

VN asks Thailand to invest in supply industry

A seminar calling on investment from Thailand in Viet Nam's parts supply industry was held yesterday in Bangkok, Thailand, according to the Trade Office of Viet Nam...

Seminar on technology trend of automobile industry organised

Vietnam Automobile Manufacturers' Association (VAMA) held a seminar on trends related to environmentally-friendly technology application in the automobile industry...

Ministries asked to ease difficulties for coal sector

Deputy Prime Minister Trinh Dinh Dung has asked relevant ministries and agencies to put forth proposals to ease difficulties for Viet Nam National Coal-Mineral...

Four metalworking, supporting industries expos open in HCM City

Four exhibitions opened at a single venue, the Saigon Exhibition and Convention Centre, in HCM City on October 6.

Russia, Vietnam to partner in auto manufacturing

Russia is looking to enhance cooperation with Vietnam in manufacturing trucks, coaches, and cars as part of a plan to increase its presence in the Vietnamese auto...

Sustainable projects struggling in Vietnam’s energy business

While coal-fired power plants are increasing in numbers despite environmental concern, clean energy projects are facing major economic and policy challenges to stay...

RoK commences shoe factory construction in Can Tho

The Republic of Korea (RoK)’s Taekwang Group has started construction of a sport shoes factory in Hung Phu 2B Industrial Zone in Cai Rang District, southern Can Tho...

VN to boost food brands

Building a brand strategy for Viet Nam's food industry will help increase recognition of the country's food products on the world market, thereby boosting the...

VietGap still not very attractive to domestic seafood businesses

Although the Vietnamese Good Agriculture Practice (VietGap) was issued for seafood breeding five years ago, enterprises are not enthusiastic about using this...


MOST READ


Back To Top