Ninh Thuan invests 1.2 billion VND to agricultural industrialisation

In recent times, agricultural land in rural areas has been cut away for the building of industrial parks and complexes. Many young people have left the countryside for big cities in the hope of earning a crust wherever they can. Only a small number of them have been recruited to work abroad under labour contracts while most of them are still jobless. Judging from past experience in some localities, the development of crafts and services through small- and medium-sized enterprises (SMEs) would help generate jobs for people living in the countryside. According to the Ministry of Agriculture and Rural Development, the number of enterprises established in rural areas has kept increasing since the Enterprise Law was enacted in 2000. In 2001, there were 3,600 enterprises operating in agro-fishery-forestry sectors, and the figure has now amounted to 16,000, excluding nearly 8,600 cooperatives. The figure is said to be incomplete as it excludes millions of households involved in non-agricultural production and services and especially large farms. These enterprises are taking on between 25-26 percent of the non-agricultural labour force and the figure is expected to keep rising significantly in the coming years. According to economists, to generate a job, it costs private enterprises VND35 million, limited companies VND45 million and State-owned enterprises (SOE) up to VND87.5 million. Investment capital is utilised in SMEs more effectively than in SOEs. To generate VND1 in revenue, SOEs have to invest VND562 million in their registered capital while private enterprises and limited companies need only VND197…... [read more]

His delegation was briefed on the operation of the 88 ha- high tech industrial park which has contributed to boosting rural and agricultural industrialisation and modernisation as directed by the Party and State. It is considered an advanced model of agricultural manufacturing to develop high tech agricultural production areas in HCM City and its surrounds. During the visit to the Cu Chi Tunnel relic site, Mr Mendez and his entourage were told about the history and development of the Cu Chi Tunnel as well as the great sacrifice of the Vietnamese people for Cu Chi. Mr Mendez said, “After visiting and learning about the lives and sacrifice of the Cu Chi people, I can affirm that no foreign influence can encroach on Vietnam’s sovereignty,” In the afternoon the same day, President Mendez and his entourage left HCM City for home.... [read more]

Efforts for Sharper Competitiveness In order to achieve remarkable progress in socioeconomic development by tapping local potential and advantages, An Giang province has actively carried out many measures to improve the investment and business environment, raise the provincial competitiveness index (PCI) and support business development to gradually become an attractive destination for investors. A land full of potential and advantages With favourable natural conditions and abundant resources, An Giang province has a lot of favourable advantages for agricultural production and processing of agricultural and aquatic products and foods, particularly rice, fish and vegetables. Currently, its rice acreage covers 250,000 hectares with three production seasons. More than 35 rice varieties are being planted in the province, of which 70-80 per cent are high quality. Vegetable crops are also a strength of An Giang province, with an area of 38,000 hectares, harvesting 900,000 tonnes a year. The locality has also set up crop specialised farming areas for planting green beans, soybeans, okra and some other legumes. Also, An Giang catches 300,000 tonnes of aquatic products a year, including catfish, snakehead, perch, tilapia, prawn and eel. Nearly 50 per cent of farming areas meet GlobalGap, ASC and other standards and over 90 per cent of output is used for export processing. The province currently has 17 enterprises with 23 export aquatic processing plants with a combined capacity of 400,000 tonnes a year, of which value-added processing capacity reaches 5,000 tonnes. Beside agriculture, tourism is also defined as a key economic sector of the…... [read more]

Tan Dong Tien JSC Globalising Vietnamese Rice Brand Tan Dong Tien Joint Stock Company, set up in 2003, has attained an important position in rice export sector. The company is the biggest rice exporter in Long An province and the third largest in the country. This solid position is the result of long efforts to utilise its advantages and stick to its quality policy, said Nguyen Thanh Muoi, Director of Tan Dong Tien Joint Stock Company. Reputation To have the present position and great reputation, the company underwent numerous difficulties since its inception and initial business of milling rice for export. Currently, not only selling in the domestic market, the firm has also exported to foreign nations like Malaysia, Indonesia, Hong Kong, the United States, and especially China and employed nearly 400 employees. The company’s export output increased significantly from 100,000 tonnes in 2013 to 180,000 tonnes in 2014 and 100,000 tonnes in the first five months of 2016 (expected to reach 280,000 tonnes in the year, valued US$100 million). Needless to say, these successes are resulted from the company’s competence of making the most of available local advantages in Long An province, which has a total arable area of 331,000 ha, ranked third in the country after Kien Giang and Ca Mau provinces, with a rice production output of 2.8 million tonnes a year. The accelerated agricultural industrialisation and modernisation has also helped the province to increase rice production and consumption. Particularly, the company was supported by the local…... [read more]

Ba Ria Vung Tau calls for investment in four key areas Those four areas are hi-tech industrial projects with high added value, energy saving, environmentally friendly and highly competitive products; seaport logistics for Cai Mep - Thi Vai international transit port; high-quality tourism projects focusing on sea resort tourism, Meetings, Incentives, Conferences, and Events ( MICE ) tourism, high-quality ecotourism and spiritual tourism; hi-tech agricultural projects with processing facilities and agricultural mechanics. The provincial authorities said the province would implement many incentive policies to encourage investment, simplify administrative procedures by implementing a "one stop shop" mechanism, improve infrastructure. Nguyen Van Binh, Head of the Party Central Committee's Economic Commission, urged the province to build breakthrough policies to develop industry, seaports, seaport logistics and tourism and boost linkages with provinces in the southern key economic zone. Meanwhile, Deputy Prime Minister Trinh Dinh Dung said the province needs to further improve business and investment environment, perfect referential mechanisms and policies as well as create favourable conditions for investors. On the occasion, the province signed four memorandums of understanding (MoU) in the fields of seaport infrastructure, transport and tourism with a total of 50 trillion VND (2.24 billion USD). State units divest 2.87 trillion VND in seven months As many as 43 State-owned enterprises (SoEs), including six corporations, were cleared for equitisation in the first seven months of this year, according to the Finance Ministry on August 10. State units divested 2.87 trillion VND (130.4 million USD) in book value and earned 5.632…... [read more]

Ha Nam (VNA) – A delegation from Myanmar led by Aung Naing Oo, Director General of the Directorate of Investment and Company Administration (DICA) under the Ministry of National Planning and Finance made a working visit to the northern province of Ha Nam on August 9. The visit aims to learn from the Vietnamese locality’s experience in investment attraction, socio-economic development, land and tax management, and land clearance. Vice Chairman of the provincial People’s Committee Vu Dai Thang briefed the guests on Ha Nam’s prominent achievements in luring investment and promoting socio-economic development, while sharing experience in achieving them. In 2011-2015 period, the province’s average economic growth reached over 13 percent per year. The per capita income hit over 42 million VND per year in 2015, while the rate of poor households fell to 3.9 percent. In recent years, Ha Nam has always been among the country’s top ten localities in investment attraction. The locality is now home to 580 investment projects worth 4.8 billion USD, including 172 foreign-invested projects with a total capital of over 1.4 billion USD. In the first six months of the year, the province lured 41 projects, including 18 FDI ones, According to Thang, to achieve these outcomes, the local authorities have mobilised all resources to invest in developing technical infrastructure and improving the efficiency of industrial parks and clusters. The province has focused on fine-tuning mechanisms and regulations to attract investment in support industry, processing and manufacturing, with priority given to products that use…... [read more]

HA NOI (VNS) — Vietnamese farmers want more co-operation with international partners in applying modern technology and expanding the market, said the chairman of the Viet Nam Farmers' Union (VNFU), Nguyen Quoc Cuong. The official made the appeal at a union conference to review the effectiveness of previous co-operation between farmers and international partners this week in Ha Noi. Cuong offered analysis on VNFU's current capacity to handle external relations and international co-operation. He said that the union had established relations with nearly 50 farmers' organisations, international partners and non-government organisations and sent hundreds of Vietnamese farmer delegates abroad for research, workshops and training. The Union helped mobilise more than US$17 million for the implementation of agricultural development projects, he said. However, Cuong pointed out that while the union's handling of external relations was developing at central authority levels, it proved ineffective and stagnant at lower levels. He also said the development had focused mainly on building friendly relations and not securing or promoting direct partnerships or donations. Thus, the official said, the VNFU would make turning international partnerships into committed co-operation one of its core tasks. Speaking on the importance of international relations to the country's agriculture sector, Vu Thi Anh Phuong from the Party Central Committee's Commission for External Relations urged the VNUF to focus on improving staff capabilities. She said qualified staff would be needed to meet the demands of the TPP and the ASEAN Community. She promised to urge the Government to give more support to…... [read more]

Hanoi, October 15 (VNA) – National Assembly Chairman Nguyen Sinh Hung has urged farmers nationwide to make more efforts to grasp and exploit all development opportunities brought about by the integration process to promote the national agricultural sector. Addressing a programme to honour outstanding farmers in 2015 held in Hanoi on October 14, the NA Chairman highlighted the significant contributions of farmers to the national revolutionary cause. He stressed the important role played by farmers in agricultural successes, affirming that agriculture is one of the leading fields in the country’s reform process. Farmers are also major contributors to Vietnam’s poverty reduction and new-style rural area building initiatives, the NA leader added. He called on farmers to enhance the application of advanced science and technologies, step up agricultural industrialisation and innovate production processes in order to create highly-competitive products and promo te the development of the national agricultural sector, ultimately contributing the country’s international integration. The NA Chairman also asked all-level authorities to direct and work closely with farmers towards realising the country’s development targets, especially in agriculture. The third event of its kind, the annual programme was co-organised by the Central Committee of the Vietnam Farmer’s Association, the Party Central Committee’s Commission for Communication and Education and the Ministry of Agriculture and Rural Development. As many as 63 farmers who made outstanding achievements in production and business, new-style rural area building, national security and defence safeguarding, and inventions in agricultural production were recognised. The first programme honoured 62 excellent individuals…... [read more]

To have a complete and comprehensive overview of Vietnam’s rural picture, the Central Institute for Economic Management (CIEM), the Institute of Labour Science and Social Affairs (ILSSA) and the Institute of Policy and Strategy for Agricultural and Rural Development (IPSARD) jointly organised a workshop to present a report on economic characteristics of Vietnam countryside: Survey of rural households in 12 provinces in 2014. Mr Luu Duc Khai, Director of Agriculture and Rural Development Policy Department (CIEM), said the survey on access to rural resources in Vietnam was initiated in 2002 and carried out every two years between 2006 and 2014. In the 2014, the survey collected data from 3,648 rural households in 12 provinces, including Lao Cai, Lai Chau, Dak Lak, Dak Nong, former Ha Tay, Phu Tho, Nghe An, Quang Nam, Khanh Hoa, Lam Dong and Long An. The survey repeatedly interviewed households every year, helping Vietnamese researchers and policymakers know the process of economic development over the course of time. The main content of the report was to provide social and economic indicators and analyse changes over time with information collected in 2014 in comparison with information gathered from previous surveys. More active farmers Mr Khai said initial results showed that the average annual income of a farmer household reached VND87 million, with the lowest being the Northwest with VND50 million, in Dien Bien and Lai Chau, and the highest being economically dynamic provinces with over VND130 million, comprising of Long An and former Ha Tay. Poverty fell…... [read more]

"It's inadvisable to pool all investment in industrialised agricultural production, considering the environmental, economic and social consequences this method of production might cause. Meanwhile, investment in eco-agriculture in Vietnam will bring efficiency and sustainability," affirmed Ms Nguyen Thi Le Hoa, Chief Representative of Oxfam Vietnam on the occasion of releasing the Oxfam global report of "Building a new future for agriculture". Harmful to the ecosystem Facing numerous consequences of agricultural industrialisation in terms of environment as well as income inequality to poor farmers, Oxfam has called on governments to invest in a more sustainable model of agriculture, which has little impact on the ecosystem. The eco-agriculture model, according to the report, would bring lasting social, economic and environmental benefits. This model was perfectly feasible if implemented with the right policies and efficient investment, and could be expanded to help small rural communities ensure food security. Oxfam also warned about the dangers and consequences of developing large farms and agricultural production on industrial scale, which could lead to depletion of soil nutrients. The use of synthetic chemical fertilizers could help increase productivity, but misuse of that product was also considered the cause of degraded soil and water pollution. In addition, industrialised agricultural production was also a factor behind climate change. Many activities caused increase in the greenhouse effect such as the use of fuel oil and fertilizer in large-scale production, it also led to loss of organic matter in soil; affecting biodiversity and posing harm to human health. In particular, the…... [read more]