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Update news agriculture
Digital technology is indeed being used in agriculture but is insufficiently widespread.
Nguyen Ngoc Huong of HCM City’s Cu Chi District and her collaborators have jointly set up a start-up to produce freeze-dried powders from vegetables and leaves.
In spite of huge demand, the inefficient legal framework is making the process of land grouping difficult for all parties involved.
The total value of Vietnamese fruit market is estimated at $20 to $30 billion. However, this thriving market seems to be neglected by agro firms, while there have been more and more imported fruits showing up in Vietnamese people’s fridges.
Nuclear and isotope techniques are being used in water sources treatment, pollutant tracing, and environmental treatment.
Prime Minister, the Government and enterprises want ministries and agencies to carry out practical reforms, particularly those removing unnecessary administrative procedures, to create a better business climate in agriculture,
VietNamNet Bridge - Large corporations in many business fields are continuing to pour more money into agriculture projects, targeting foreign markets.
VietNamNet Bridge - The blockchain market in 2019 is predicted to mature and gradually enter a growth period that will bring real benefits.
VietNamNet Bridge - Statistics show satisfactory results for agricultural production in 2018. However, there were ‘dark corners’ that need to be cleared, experts say.
Many large corporations have incurred losses after investing in agriculture projects, but money continues flowing into the agriculture sector, while investors are preparing to ‘play big’.
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VietNamNet Bridge - Loss, inability to access bank loans, unreasonable policies and investors’ indifference all are putting pressure on the CEO of agriculture startups.
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Blockchain technology is an important solution to trace the responsibilities of involved parties in the farm produce supply chain. However, the feasibility of the technology application in the immediate time is questionable.
VietNamNet Bridge - Vietnam has a solid ICT platform thanks to the presence of foreign technology groups and the strong rise of Vietnamese technology startups in the last 10 years.
Small earthworms hide giant benefits that have not been fully exploited in Vietnam’s agriculture.
After 30 years of conducting research on tea plants, Nguyen Thi Minh Phuong has created five new varieties of tea, including one which gives 60-70 percent yield higher than the old one.
VietNamNet Bridge - Expanding the scale of their business and jumping into new business fields is the path being followed by conglomerates with powerful financial capability.
VietNamNet Bridge - More and more investors have injected money into agriculture, even though the sector is believed to have many latent risks.
VietNamNet Bridge - Injecting money into agricultural production has become popular among large conglomerates with powerful financial capability. Most of them are targeting organic agriculture projects.