Vietnam seeks to accelerate agricultural restructuring
Updated : Wednesday, February 14, 2018 10:22 AM (GMT+0700)

Acceleratingagricultural restructuring towards large-scale and high-tech production becamecritical for the sector, which involves 70 percent of the country’s populationbut contributes just below 20 percent of the country’s gross domestic product(GDP).

Avocado fruits were packaged for export - Photo: VNA

At a recent working sessionwith the Prime Minister’s economic consulting team, Minister of Agriculture andRural Development Nguyen Xuan Cuong said the agricultural sector was facinggrowing competition and technical barriers.

The minister said therestructuring process helped improve the production capacity significantly withmany products now in surplus.

However, small-scaleproduction and low productivity were still problems that needed a resolution,Cuong said, adding Vietnam has 8.6 million farmer households and 78 millionfields.

The minister asked the PM’steam to study and propose policies to reduce the proportion of labour inagriculture, attract investments in infrastructure, especially in the irrigationsystem, develop markets and improve land policies.

According to director of theCentral Institute for Economic Management Nguyen Dinh Cung, it was important toremove bottlenecks in land policies, especially land limit, to encourageinvestments and promote large-scale production.

Truong Dinh Tuyen, formerMinister of Commerce (now the Ministry of Industry and Trade) said Vietnamshould develop the food and food-processing industry but be selective as manyfresh products could be sold for high prices.

In addition to this,developing standards and promoting their application in production as well asenhancing quality control to improve product quality were critical to boostexports with high-added value.

The agriculture ministry’sstatistics showed that Vietnam earned 3.09 billion USD from exportingagro-forestry-fishery products in January, a rise of 25.9 percent over the samemonth last year.

Agro-forestry-fisheryexports hit 33 billion USD in 2017, representing a rise of 13.8 percent againstthe previous year.


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