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Update news vietnam agriculture
In a bid to fuel agricultural investment which remains negligible in Vietnam, the government is expected to devise new incentives and boost reform of administrative procedures in favour of foreign investors.
The Ministry of Agriculture and Rural Development has said it is submitting a proposal to the Prime Minister for a decree on policies to encourage farm economic development.
Prime Minister Pham Minh Chinh on May 29 chaired the fourth dialogue between the Government leader and farmers held in the northern mountainous province of Son La.
Organic JAS, the Organic Japanese Agricultural Standard, will act as a passport for Vietnamese farm produce to enter the Japanese and global markets.
Millions of farming households in Vietnam will face a crisis when the cost of fertilizers makes up 40-60% of the total input costs in agricultural production.
When Vietnam sells its products to the world, it only has a large output. It forgets to tell the story about the culture, history, and the farming process of the land where the products are born.
The Government has agreed to the proposal sent by the Ministry of Planning and Investment on the development criteria to attract Foreign Direct Investments (FDI) into the country.
After many failures, Nguyen Van Tuan of Nga Son district in Thanh Hoa province has successfully raised cordycep in a hot sandy area.
Loan acquisition and the availability of government-sponsored incentives remain the biggest barriers in attracting capital inflows into high-tech agriculture as many companies already struggle with tedious applications.
The Russia-Ukraine crisis and economic sanctions by some countries against Russia will have a profound impact on the global economy, including Vietnam, especially on the import and export of agricultural, forestry, and aquatic products.
New records in export turnover were set by key export items for January, making the annual target of $50 billion worth of farm exports feasible.
Agricultural by-products are called the "gold mine" of the Vietnam agricultural industry with up to 156 million tons per year. But these lucrative sources have been neglected for many years.
Over the past few years, the export of farm produce to China has constantly been running into trouble, especially with the congestion of trucks at the northern border gates in December 2021.
Local agriculture officials are calling for higher contributions from overseas Vietnamese to the domestic economy.
Deputy Prime Minister Le Van Thanh has signed a strategy for sustainable development of agriculture and rural areas for 2021 - 2030, with a vision to 2050.
Many businesses don’t want to invest in farm produce processing because it requires huge capital and brings low profits. Meanwhile, farmers face high risks and take losses during bountiful crops as they are not organized in a coordinated way.
The year 2021 witnessed millions of farmer households selling on e-commerce platforms. At this new market, farmers sold tons of farm produce and closed millions of orders.
It’s necessary to be daring and set a high goal of exporting $50 billion worth of farm produce in 2022 as agriculture is a pillar of the economy, said Prime Minister Pham Minh Chinh at a conference on December 29.
In recent years, thanks to the introduction of digital technology into agricultural production, Vietnamese farmers have earned millions of US dollars or even tens of millions of dollars.
With a passion for floriculture and dream of getting rich from agriculture, Le Quang Khanh has developed a giant lotus pond which yields 1 million flowers each season.