Business

Shrimp, coffee, ginseng added to national products list

Prime Minister Nguyen Xuan Phuc recently signed a decision to add three more products - brackish water shrimp, high-quality coffee and ginseng - to the list of national products.
Shrimp, coffee, ginseng added to national products list ảnh 1A farmer in the southern province of Bac Lieu harvest shrimp. (Photo: nhandan.com.vn)

Hanoi (VNA) - Prime Minister Nguyen Xuan Phuc recently signed adecision to add three more products - brackish water shrimp, high-qualitycoffee and ginseng - to the list of national products.

Now, these three products will receive support under the National ProductDevelopment Programme by 2020. Brackish water shrimp includes tiger prawn andwhite-leg shrimp.

The PM has asked the concerned ministries to join hands with local authoritiesand propose incentive policies for each of these products.

Vietnam aims to earn 10 billion USD from shrimp exports by 2025 and 5-6 billionUSD by 2030 from coffee exports.

Recently, the Government approved a national project worth 9 trillion VND (395million USD) to develop farming and brand for Ngoc Linh ginseng by 2030.

Approved in 2010, the goal of the National Product Development Programme by 2020is to develop specific products under the Made-in-Vietnam brand that have highcompetitiveness and will benefit the country, and to promote technologyupgradation for their production.

In 2012, the PM had approved a list of national products, which included sixofficial products and three reserve products. Products on this list getincentives in term of credit, taxes, land use, trade promotion and marketexpansion.-VNA
VNA
#Prime Minister Nguyen Xuan Phuc#decision#brackish water shrimp#high-quality coffee#ginseng#national products#National Product Development Programme#Made-in-Vietnam brand
Follow VietnamPlus

Related News

Bac Lieu sets up hi-tech shrimp farming area

Bac Lieu sets up hi-tech shrimp farming area

Prime Minister Nguyen Xuan Phuc has issued a decision on the establishment and operational regulations of a high technology agriculture area specialised in shrimp development in the Mekong Delta province of Bac Lieu.
More export doors for Vietnamese goods

More export doors for Vietnamese goods

The Ministry of Industry and Trade (MoIT) aims to connect Vietnamese businesses with major European and Asian groups such as Auchan, Casino, Central Group and AEON, so that Vietnamese goods can enter foreign distribution systems.
Aquaculture production picks up in May

Aquaculture production picks up in May

Vietnam’s aquaculture output reached 370,000 tonnes in May, a year-on-year increase of 3.3 percent, according to the Ministry of Agriculture and Rural Development.
Ca Mau looks to develop shrimp sector

Ca Mau looks to develop shrimp sector

The Mekong Delta province of Ca Mau is implementing various measures to realise its goal of 2 billion USD worth of shrimp exports by 2020.

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.