$15m centre for seed and farm produce processing inaugurated

Dec 17th at 07:54
17-12-2019 07:54:38+07:00

$15m centre for seed and farm produce processing inaugurated

An industrial centre for seed and agricultural product processing opened its doors in the Mekong Delta province of Dong Thap late last week.

 

Financed by the Viet Nam National Seed Corporation (Vinaseed), the centre will cost nearly VND350 billion (US$15.03 million) in the first phase and will use Japanese technology.

Chairman and General Director of Vinaseed Tran Kim Lien said the centre will process 100,000 tonnes of rice and 50,000 tonnes of seeds per year.

The centre will strive to research and produce varieties of seedling for large-scale rice production in the Mekong Delta, focusing on products with good resistance to climate change and pests.

The firm hopes the centre will meet up to 75 per cent of farmers' demand for rice varieties and raise their income by 30 per cent.

In addition, the centre aims to change agricultural production management toward 4.0 technologies to reduce losses in rice production while facilitating small and medium enterprises, co-operatives and farmer households to participate in Vinaseed’s value chain to bring about stable incomes for farmers.

In his speech, Deputy Minister of Agriculture and Rural Development Le Quoc Doanh said the centre will contribute to improving the rice value chain from seed to production, harvest, processing and consumption for the Mekong Delta region, the nation's largest rice production hub.

bizhub



NEWS SAME CATEGORY

Nestlé creating blueprint for quality coffee development

Given its long-term commitment to Vietnam’s coffee industry, Nestlé Vietnam is continuously driving initiatives to bring a positive impact on the lives of...

Outsourcing farming model contributes to change livestock appearance

Developing large-scale outsourcing farms is ideal to promote the sustainable development of the livestock sector because it ensures safe and stable supply in the...

US partners with PV Gas on raising Viet Nam’s LNG standards

The application of international LNG (Liquefied Natural Gas) standards would ensure safety in the design, construction and implementation of infrastructure projects...

Viet Nam’s fruit and vegetable export value falls in 11 months

Viet Nam's fruit and vegetable exports dropped 0.6 per cent year-on-year to US$3.5 billion in the first 11 months this year, according to the Ministry of...

Phu Tho prioritises investment projects using modern technology

The northern province of Phu Tho will prioritise investment projects using advanced technology and high-quality labour to improve production value, Phan Trong Tan...

Import-export turnover forecast to surpass $500b by end of year

The Ministry of Industry and Trade (MoIT)on Thursday confirmed that import-export turnover would surpass US$500 billion by end of this year.

Deputy PM asks for stronger efforts to combat IUU fishing

Deputy Prime Minister Trinh Dinh Dung has ordered relevant ministries, sectors and authorities of 28 coastal localities to implement comprehensive measures to stop...

Agri-trade to blossom through EVFTA

Agricultural businesses are amplifying investment to make use of opportunities provided by the EU-Vietnam Free Trade Agreement, which promises to increase Vietnam’s...

Coating, printing ink firms need to develop more green products: seminar

With consumers paying increasing attention to the effects of paint and printing ink products on human health and the environment, producers need to develop more...

Nghi Son Refinery occupies third of domestic petroleum market

Vietnam’s second oil refinery produced 4.6 million tons of petroleum in its first year running, or about 33 percent of domestic consumption.


MOST READ


Back To Top