Change in thinking needed to maximise agriculture potential

Jun 8th at 13:38
08-06-2022 13:38:35+07:00

Change in thinking needed to maximise agriculture potential

Minister of Agriculture and Rural Development Le Minh Hoan said that it is necessary for the nation to shift from agricultural production to an agricultural economy.

 

This is a strategy for the sustainable development of the sector, Hoan said during the question-and-answer session with the legislators, as part of the ongoing third meeting of the National Assembly.

The topics of discussion included agricultural production, trade policies and frameworks, and negotiation and market development for these products.

Acknowledging that the export value of the sector reached a record US$48.6 billion in 2021, he hopes that the entire country could participate in the collective economy and restructure the market and production process, contributing to a shift in thinking and positioning the brand of Viet Nam’s produce on the global stage.

Answering questions about export congestion at the border gate between Viet Nam and China, the minister said the authorities had taken actions to minimise losses for farmers. However, the situation was inevitable due to the differences in pandemic control between the two countries.

Hoan also confirmed that the Chinese market was shifting towards stricter regulations and standards in food safety. The Ministry of Agriculture and Rural Development (MARD) was working with the Ministry of Foreign Affairs to develop a project on obtaining official quotas for this market.

The MARD also took responsibility for its shortcomings in regulating and standardising agricultural produce, said Hoan. The minister was now assigning research institutes to create frameworks for agricultural production to reduce input costs.

“Countries around the world are aiming their agricultural sector towards ‘less for more’, which means optimising expenses and maximising profits through agricultural science, and we too must strive towards this direction,” said Hoan.

In regard to the application of advanced technology in the sector, the minister said that there had been policies and plans in place for hi-tech agricultural zones, businesses and products. However, they had not been as effective as expected due to a shortcoming in resources.

He also added that in a connected economy, in addition to accumulating land for better production areas, it was necessary to have ‘soft’ strategies for agricultural land that fit the local conditions, in which the government and society join hands to invest and develop hi-tech agricultural zones.

The MARD also believes that the sustainable development strategy for fisheries is to reduce exploitation and increase cultivation, as the reserves are no longer as abundant as before.

In response to questions on the low purchase prices for farmers despite the high price tags abroad, Hoan explained that agricultural exports must take into consideration the huge expenses of transportation and logistics.

He added: “If we want to build a brand of our products abroad, then we must build the brand in the domestic market first.

“Confidence in agricultural products in the country will be the basis for export to the world.”

Taking the leaders Bac Giang, Hung Yen, Hai Duong and other provinces as examples of their efforts to promote their local produce, Hoan said that these localities had been able to find a market despite the COVID-19 outbreak last year.

The question-and-answer session will continue with other ministers and the state bank governor until Thursday. 

bizhub



NEWS SAME CATEGORY

Vietnamese enterprises attend Seoul Food 2022 this month

The event is a good opportunity for Vietnamese food and beverage businesses to promote trade activities abroad.

Pacific Rim treaty facilitates Vietnam’s exports to Americas

The first three years of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) have been a challenging period, but Vietnam’s exports to...

Updated edition of Vietnamese seafood company map to be released

The Viet Nam Association of Seafood Exporters and Producers (VASEP) will release an updated edition of the map of Vietnamese seafood companies in July, with some...

Mobilizing Dutch know-how for Vietnam’s transition to electric mobility

Experiences from the Netherlands are significant for the development of e-mobility industry in Vietnam in its going green.

Routes Asia 2022 drives aviation and tourism markets growth

Routes Asia 2022 will bring together decision makers to accelerate the region's recovery.

New Zealand ‘Made with care’ campaign reaches leading Vietnam retailers

A June 3-July 31 campaign promoting high quality F&B products from New Zealand in Vietnam has been launched at five leading retailers.

Five-month exports of agro-forestry-aquatic products up nearly 17 per cent

The total import and export value of agro-forestry-aquatic products in the first five months of 2022 has been estimated at US$41.3 billion, up 8.6 per cent...

Food prices up, but farmers continue to suffer

The prices of meat, poultry and eggs are rising on the back of increasing production costs, but farmers are still suffering losses, local reports say.

Industrial production continues to grow in first five months

The index of industrial production (IIP) in the first five months of 2022 increased by 8.3 per cent over the same period last year, according to the General...

Overseas Vietnamese businesses to help sell country’s goods overseas

The overseas Vietnamese business community plays a vital role in expanding the distribution of Vietnamese goods globally, a recent roundtable has heard.


MOST READ


Back To Top