At the meeting (Photo: VNA)
Hanoi (VNA) – Businesses recommended the Ministry of Agriculture and Rural Development improve the investment mechanism in order to attract more investment in agriculture, during a meeting in Hanoi on February 19.

General Director and President of Intimex Import Export JSC Do Ha Nam said the processing industry requires large investment, which discourage domestic companies. When some companies do make investment and reap some success, foreign partners are willing to pay high price to acquire their business.

Nam proposed that the ministry should encourage and facilitate investment in specific products to increase their values.

Director of the Nafoods Group – a leading brand in the field of production, packaging and distribution of vegetables in Vietnam, Nguyen Manh Hung, said proper planning and strategy will help orient businesses and localities.

Minister of Agriculture and Rural Development Cao Duc Phat took note of the aforesaid proposals and asked relevant departments to improve the investment mechanism.-VNA