Ahead of the World Economic Forum (WEF) on ASEAN to be opened in Hanoi on September 11, Deputy Minister of Agriculture Le Quoc Doanh has noted the outcomes of agricultural ties between Vietnam and the WEF and future cooperation prospects.


Vietnam has been an important partner and worked closely with the WEF in various spheres, including the New Vision for Agriculture, according to Deputy Minister of Agriculture Le Quoc Doanh (Photo: VNA)

Doanh said over the years, Vietnam has been an important partner and worked closely with the WEF in various spheres, including the New Vision for Agriculture (NVA).

joining this initiative in 2010, the country has promoted partnerships between the State and the private sector through public-private partnership (PPP) commodity-based working groups in the Partnership for Sustainable Agriculture in Vietnam (PSAV), aiming to achieve sustainable growth in local agriculture.

So far, the PSAV has successfully implemented seven PPP working groups for coffee, tea, vegetables and fruits, aquatic products, pepper and spices, rice and agricultural chemicals, the official said.

These commodity-based working groups have also piloted farming models and expanded the cultivation of new varieties and the application of environmentally friendly techniques.

Nearly 220,000 farmers have been assisted to take part in demonstration farm models, received training and applied advanced farming measures that meet sustainability standards.

Danh noted these models have satisfied socio-economic and environmental criteria of the 17 Sustainable Development Goals of the United Nations.

The WEF has recognised that PPP commodity-based working groups in Vietnam have generated good outcomes and are one of the most successful models of its NVA in Asia, he added.

The Ministry of Agriculture and Rural Development is pressing on with an agricultural restructuring plan to improve agricultural products’ added values and step up sustainable development.

It is working to develop value chains in three groups: the national key group with 10 commodities with export turnover of more than 1 billion USD each, provincial key products and regional specialties. Promoting these value chains aims to increase the quality and competitiveness of Vietnamese farm produce, ensure inclusive growth and protect the environment.

It is necessary to boost PPP-based production and investment models in agriculture, the Deputy Minister said.

Doanh added the Ministry of Agriculture and Rural Development wants the WEF, through the Grow Asia initiative, to continue assisting Vietnam’s agriculture to restructure.

 

                                         Source: VNA

 

Related Topics


PM attends groundbreaking ceremony for electronic PCB factory in Hoa Binh

Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.

In the first quarter, the total capital of the credit institutions was estimated at 40,128 billion VND

In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.

Lac Son - attractive destination for investors

Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.

Hoa Binh accelerating disbursement of ODA, foreign concessional loans

In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.

The man who promotes Kim Boi district’s fruit brand

Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.

Q1 disbursement of public investment funds reach 15% of yearly plan

The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.