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PM: Domestic macadamia sector needs strategy

Prime Minister Nguyen Xuan Phuc on September 29 assigned the Ministry of Agriculture and Rural Development to build a development strategy for the macadamia sector, with planning, varieties, markets, and investment capital to all be taken into account.
PM: Domestic macadamia sector needs strategy ảnh 1Prime Minister Nguyen Xuan Phuc speaks at the conference in Dak Lak on September 29. (Photo: VNA)

Dak Lak (VNA) - Prime Minister NguyenXuan Phuc on September 29 assigned the Ministry of Agriculture and RuralDevelopment to build a development strategy for the macadamia sector, withplanning, varieties, markets, and investment capital to all be taken intoaccount.

Very few crops post annual growth of 24 percent likemacadamia nuts do, which contributes to poverty reduction in remote areas aswell as environmental protection and national security, the PM told aconference in the Central Highlands province of Dak Lak.

Therefore, he continued, it is necessary to form aproduction chain for the nuts.

Domestic macadamia output has increased 24.5-fold overthe past three years to reach 6,600 tonnes of raw nuts, he said, and revenue isthree-times higher than for coffee. The figures would be even higher with the applicationof science and technology.

He called for growing areas to be expanded, saying thatthe northwest and Central Highlands regions could serve as stable productionareas.

The PM asked the banking sector, along with businessesand associations, to help farmers with macadamia production, processing, andexport.

It was reported at the conference that macadamia isbeing grown in 23 provinces nationwide, covering more than 16,500 ha, including15,400 ha in nine provinces which are inside the areas designated for macadamiacultivation in the northwest and Central Highlands which .

Vietnam exports more than 2,400 tonnes of dried macadamiaeach year to markets such as Japan, China, the Republic of Korea (RoK),Singapore, the US, and France.

According to Minister of Agriculture and RuralDevelopment Nguyen Xuan Cuong, the sector has generated jobs and raised the incomesof some 10,000 farming households, giving rural areas a much-needed facelift.

Global macadamia supply and demand are expected torise 9 percent and 12 percent, respectively, in the time ahead, which is animportant foundation for Vietnam to participate more deeply in the field, thePM said./.
VNA

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