Vietnam, Japan promote investment to develop food chains

Vietnam and Japan have achieved many positive outcomes in agriculture cooperation, and the two sides will continue working together to build sustainable food value chains in the near future, according to the Japan International Cooperation Agency (JICA).
Vietnam, Japan promote investment to develop food chains ảnh 1Illustrative image (Photo: VNA)
HCM City (VNA) – Vietnam and Japanhave achieved many positive outcomes in agriculture cooperation, and the twosides will continue working together to build sustainable food value chains inthe near future, according to the Japan International Cooperation Agency(JICA).

Speaking at a workshop in Ho Chi Minh City onJanuary 16, deputy chief representative of JICA office in Vietnam MurookaNaomichi said many Japanese businesses have selected Vietnam as an investmentdestination to purchase material and process farm produce to export to Japan.

Apart from favourable natural conditions foragricultural development, Vietnam has recorded good economic growth in recentyears, he said, adding that the demand for clean and safe agricultural productsand food in the Southeast Asian country has been increasing.

Particularly, Vietnam is integrating extensivelyand intensively into the global economy and it is a free trade partner of key countriesand regions in the world. Therefore, the potential for exporting farm produceand processed products to the global market remains huge, he added.

However, the agriculture sector still encountersa number of challenges such as the impact of climate change, small-scaleproduction, lack of connectivity, and limited processing technology.

In its strategy to build food supply chains,Japan is stepping up support and cooperation projects with Vietnamesebusinesses and farmers as well as boosting private investment in agriculture,and improving production infrastructure and distribution system of agriculturalproducts.

Nguyen Do Anh Tuan, head of the InternationalCooperation Department under the Ministry of Agriculture and Rural Development,said Japan is currently the biggest foreign direct investor of Vietnam in thefield with a lot of high-quality agricultural projects such as growingvegetables and flowers in the Central Highlands province of Lam Dong, andanimal husbandry in the southern province of Dong Nai.

In 2015-2019, Japan implemented a project tosupport the development of food value chains from production, processing,distribution to sale and the increase of the added value for agriculturalproducts and foodstuffs in Nghe An, Lam Dong, Ben Tre, Can Tho and some surroundingareas of Hanoi and Ho Chi Minh City.

Tuan said Vietnam calls on foreign businessesand investors, especially those Japan, to promote investment in improving thequality of agricultural products./.


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.