Agricultural sector asked to better meet market demands

The Vietnamese agricultural sector should find out a right way of approach, consider market as the target and market standards as quality measurement to help agricultural products better meet both domestic and international market requirements.
Agricultural sector asked to better meet market demands ảnh 1Consumers buy Vietnam's dragon fruits at a market in Sydney (Source: VNA)

Hanoi (VNA) – The Vietnamese agricultural sector should find out aright way of approach, consider market as the target and market standards asquality measurement to help agricultural products better meet both domestic andinternational market requirements.

The suggestion was made by Minister, Chairman of theGovernment Office Mai Tien Dung at a Vietnam Economic Forum discussingsolutions to develop trading of Vietnamese farm produce in Hanoi on June 5.

Vietnam has high potential to develop itsagriculture sector as the country has exported to 180 markets worldwide,including many choosy markets. Export turnover of agricultural products isexpected to exceed 40 billion USD this year.

Experts to the forum agreed that new technologiesare key to advancing the agriculture sector in Vietnam, as they can boostproducts’ value to make them more competitive on the global market.

The application of technologies in the sector isneeded as the market has shown rising demand for clean products with traceableorigins.

According to Terry Chan, Chairman of Hong KongE-commerce Supply Chain Association (HKeCSC), blockchain technologies should bedeployed as much as possible in agriculture to connect Vietnamese products tothe world market.

As e-commerce is developing rapidly and new tradingplatforms are used across the world, agricultural outputs must meet customers’demands and ensure the quality of the whole production chain, he said.

The Vietnamese agricultural sector is trying tointegrate into the world’s market, but it has encountered some challengesregarding product quality, supply chains and transparency of the product, Chansaid.

The sector should propose the Government allowadvanced technologies to be applied to resolve existing issues and make safe,high-quality, standardised and traceable products, said Vu Truong Ca, chairmanof the management board of Lina Network.

Though the government has been giving strong supportto the agriculture sector and has issued policies to help farmers, the sectorhas yet to meet the market requirements, he said.

Blockchain technology is strong enough to change theworld in the future. It is currently in the early stages, similar to theinternet 25 years ago, so Vietnam is capable of exploiting this technology andapplying it in the agriculture sector, Ca stated.

According to him, Vietnam has big advantages inmathematics and technology, proven by its high rankings in international mathcompetitions. As the whole world has the same starting point in thistechnology, Vietnam could take the lead.

Dao Ngoc Chien, Deputy Director of the HighTechnology Department under the Ministry of Science and Technology, said thatthe ministry will accompany businesses in this issue.

He said his department is drafting a developmentplan and submitting it to the ministry this month. The draft plan contains fourtopics: evaluation of the fourth industrial revolution and its impacts in somekey sectors, and key technological applications for economic industries.

Dairy maker TH Group is a typical example ofsuccessfully using high-tech applications in businesses, said Vo Van Quang, DeputyGeneral Director of the Bac A Joint Stock Commercial Bank.

He said that the bank in 2009 started funding dairymaker TH Group to develop cattle farms. However, TH Group was able to applyIsraeli technologies for cattle raising, from grass development to attachingchips to cows to keep track of cattle’s health and productivity. Thus the dairyproducer’s outputs meet standards in domestic and overseas markets.

To develop farm produce production, Minister MaiTien Dung stressed the need to solve land-related issues.

Farmers should let out their agricultural land tobusinesses in order to facilitate labour restructuring and the application oftechnologies in production in rural areas, he suggested.

According to him, Prime Minister Nguyen Xuan Phucwill chair a national conference on hi-tech agriculture and land accumulationin late June.-VNA
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.