Agriculture sector needs to build value chains

May 8th at 09:13
08-05-2019 09:13:45+07:00

Agriculture sector needs to build value chains

Building agro-forestry-fishery high value chains is crucial for the sustainable development of the agriculture sector in the context of international integration, experts have said.

 

Agriculture remains the major source of food despite the sector’s falling contributions to GDP – from nearly 40 per cent in the 1990s to less than 15 per cent by the end of 2018.

According to deputy head of the Party Central Committee’s Economic Commission, Cao Duc Phat, it is important to strengthen connectivity to develop value chains for strong farm produce in Viet Nam, and promote investment in agriculture and rural areas amid international integration.

He noted that among 500,000 operating enterprises, only 6,000 work in agriculture. Viet Nam has 10 million farming households with small and micro production scales compared to other countries, he added.

The official stressed the need to boost the role of household production and businesses, especially private firms.

Participants at the event put forward various proposals to improve the links between parties in agricultural production, including developing big firms to motivate the production and the formation of databases for agro-forestry-fishery products.

According to Le Duc Thinh, head of the Department of Cooperatives and Rural Development under the Ministry of Agriculture and Rural Development, only 11-14 per cent of agricultural products have been sold through the connections of parties, and only 3-5 per cent sold through connection chains with safe agricultural practices such as VietGap and GlobalGap.

He underscored the necessity to train farmers on production standards and raise their public awareness of enhancing farm produce quality.

Vice President of the Viet Nam Co-operative Alliance, Nguyen Van Thinh, said that it is crucial to amend the 2012 Law on Cooperatives and the Land Law to deal with problems in land accumulation for production development, while building models for cooperatives associated with key products of each locality. Cooperatives themselves should reform and improve their capacity to meet integration and linkage requirements.

Nguyen Ngoc Dan, chairman of smart online monitoring company United, proposed the training of agricultural workers by opening courses for farmers to master the cultivation of particular plants with the support of the local government.

It is necessary to set specific requirements for connection chains with detailed mechanisms and benefits of each member, he stressed.

Deputy General Director of the Agriculture and Rural Development Bank, Le Xuan Trung, stressed the need to strengthen the role of the provincial People’s Committees in chain development, while monitoring and supporting local firms to join the chains, and providing risk and price insurance for members of the chains to reduce their losses.

Thai Huong, founder of TH Group said in reality, in times of crisis, agriculture is the lifesaver of the economy.

Therefore, she proposed to consider the building of high value chains in the agriculture sector, meeting requirements of key markets as one of the targets by 2025 to create a breakthrough.

She proposed to implement some pilot projects under the value chain while having leading firms group in the sector to develop policies.

bizhub



NEWS SAME CATEGORY

EU refuses 17 batches of Vietnamese seafood, almond kernels

The European Union has returned or put under surveillance 17 batches of seafood and almond kernels imported from Vietnam as they failed to meet the bloc’s food...

Over 400 managers of hotels, resorts to discuss tourism growth

More than 400 managers, general managers and directors of hotels and resorts will gather at GM Meeting on May 9 and 10 in Nha Trang City to seek cooperation...

Long An switches to investment in renewable energy projects

The Mekong Delta province of Long An has shifted its focus to attracting investment in solar power projects, while withdrawing a previous plan to develop coal-fired...

Belgian fries exporters penetrate deeper into Vietnam

Belgian fries exporters plan to increase their share in Vietnam’s growing market for processed potato products, and heighten awareness of Belgian fries in Vietnam...

Buffett-owned Brooks Running moves China footwear production to Viet Nam in 2019

The chief executive of Brooks Running, part of Warren Buffett’s Berkshire Hathaway Inc, said his company will shed much of its presence in China by moving running...

New Peugeot manufacturing plant debuts in Quang Nam

The Truong Hai Automobile Corporation (Thaco) in co-operation with French car manufacturer Peugeot Group (PSA) officially inaugurated a new manufacturing plant and...

Thaco opens luxury car plant in Quang Nam

Truong Hai Auto Corporation (Thaco) on May 5 put into operation the Thaco luxury car plant and launched a Peugeot Traveller model at the Chu Lai Open Economic Zone...

Manufacturing, employment growth sends Vietnam’s PMI to four-month high

New orders have seen Vietnam’s manufacturing sector generate jobs and maintain growth, an international study finds.

Government to inspect power price hike

Government inspectors will investigate the latest power price increase by 8.36 per cent to VND1,864 (8.03 US cents) per kWh from March 20 following concerns among...

Capital city strives for 900 firms in supporting industries by 2020

The capital city has set a goal of having about 900 firms in supporting industries by late 2020, according to the municipal Department of Industry and Trade.


MOST READ


Back To Top