The agricultural sector should develop a sustainable value chain towards modernisation to improve its competitiveness during the international integration process, as heard at an innovation forum in Ho Chi Minh City on September 30.
Speaking at the event, held by the Ministry of Planning and Investment (MPI) and the Netherlands Development Organisation (SNV), MPI Deputy Minister Nguyen The Phuong said that besides achievements over the past years, agricultural growth remains unsustainable as it relies on natural resources exploitation and abundant labour force, which are coming to their limits and have weaker competitiveness in the era of scientific and technological development.
As such, it is time to find new orientations for the sector to develop sustainably, Phuong stated.
According to Deputy Minister of Agriculture and Rural Development Tran Thanh Nam, intensifying innovation and technological application in agricultural production will help create competitiveness for agricultural products and meet the increasingly high requirements of both domestic and foreign consumers.
Many Vietnamese enterprises are investing in agriculture, particularly hi-tech agriculture, he said, affirming that the positive results are evidence of the role of science and technology in bringing about economic efficiency and sustainably developing agriculture.
At the forum, participants discussed creative business solutions and technological innovation while sharing successful experience in creative business and investment connectivity in the field.-VNA