A cooperation agreement on the implementation of a project on rice value chain improvement in the Hong River Delta was signed between representatives from the Ministry of Agriculture and Rural Development and the Korea Rural Community Corporation (KRC) of in Hanoi on July 12.
Hanoi (VNA) - A cooperation agreement on the implementation of a project on ricevalue chain improvement in the Hong River Delta was signed between representativesfrom the Ministry of Agriculture and Rural Development and the Korea Rural Community Corporation (KRC) of in Hanoi onJuly 12.
The project, which will be carried out in the northern province of Thai Binhfrom 2019-2023, aims to increase income of people through improving the ricevalue chain and raising cultivation capacity in the Hong River Delta; and promoteeconomic efficiency in agricultural production by applying farming technologies.
The project has a total budget of 5 billion won (over 4.5 million USD), sourcedfrom the non-refundable assistance packageprovided the Government of the Republic of Korea.
Under the project, a master plan on agricultural development for theregion will be revised while a pilot cultivation area and an agriculturetraining centre will be built in Thai Binh. Training courses will be organised formanagers and farmers, towards bettering their capacity in the field.
Kim In Sik, Chairman of KRC, said the project is expected to contribute to improvingincome of regional farmers and the quality of Vietnamese rice, expressing hishope that the project will be expanded nationwide.
Speaking at the signing ceremony, Deputy Minister Doanh Le Quoc Doanh saidVietnam wants to enhance collaboration with the RoK and KRC in the field.
He also hailed KRC for its agricultural and rural development projects inVietnam.
Vietnam is promoting agricultural restructuring towards increasing added value,sustainable development and building a new-style rural areas, he said, hopingthat with its experience, the RoK will continue to support Vietnam in the timeto come. - VNA
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Vietnamese farmers harvest rice (Photo: VNA) 
