Vietnam has been making efforts to foster organic farming, including a decree issued last August which should be implemented as soon as possible, experts told a forum in HCM City on December 25.
Vietnam has been making efforts to foster organic farming. (Photo: VNA)
HCM City (VNA) – Vietnam hasbeen making efforts to foster organic farming, including a decree issued lastAugust which should be implemented as soon as possible, experts told a forum inHCM City on December 25.
According to Le Thanh Hung of the Vietnam Standards and Quality Institute Vietnamis relatively unfamiliar with the organic farming standards of the InternationalFederation of Organic Agriculture Movements and its market for organicagricultural products is underdeveloped.
The government issued Decree 109/2018/NĐ-CP on organic farming regulations,procedures such as certification, traceability and inspections and supportingpolicies.
Besides, the national standards for organic agriculture are being adjusted formore clarity and specific standards for certain products such as rice, tea,shrimp, and milk.
It is crucial national standards match international standards to help farmersand businesses make appropriate adjustments to their production to enableexports. The area under organic agriculture in Vietnamwas 118,000 hectares in 2016, according to the German-based Research Instituteof Organic Agriculture. According to Ha Phuc Minh, Chairman of the VietnamOrganic Agriculture Association, cities and provinces need to execute thedecree and actively develop organic farming.
Meanwhile, farmers need to identify their markets and the standards they haveto comply with, and the Government should encourage farmers to adhere to themand carry out stringent inspections, he said.
"Distributors and consumers also need to carefully examine the goods theybuy," he said.
The forum was organised by the Ministry of Agriculture and Rural Development’s AgroProcessing and Market Development Authority.-VNA
The rapidly growing demand for organic agricultural produce offers huge potential for businesses to invest in production and develop retail networks, experts said at a recent workshop in Ho Chi Minh City.
About 3.5 million hectares of pepper grown in the southern province of Dong Nai recently received a certificate for organic farming standards of the German-based Certification of Environmental Standards (CERES).
Provinces in the Mekong Delta that grow coconut are setting up cooperative teams and finding buyers to help farmers recover from low prices over the last 12 months.
Companies interested in organic agriculture should engage in market research and brand building, and not just simply chase trends without having first identified buyers, experts have said.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
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The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.