Agricultural restructuring a success

Efficient restructuring of the agricultural sector has brought good results in production and business in the last few months, so the sector expects to gain stronger growth in production and business this year and beyond, said experts.
Agricultural restructuring a success ảnh 1Illustrative image (Photo: bizlive.vn)
Hanoi (VNS/VNA) –Efficient restructuring of the agricultural sector has brought good results inproduction and business in the last few months, so the sector expects to gainstronger growth in production and business this year and beyond, said experts.

Dang Kim Son, former director of the Ministry of Agriculture and RuralDevelopment’s Institute of Policy and Strategy for Agriculture and RuralDevelopment, said the growth in agricultural production in the first ninemonths of this year demonstrated the efficiency of the restructuring process.

Seafood, fruit and forest products contributed significantly to the sector’stotal exports, he said. Meanwhile, the change of rice product structurefocusing on exports of high quality and value was one of the initial successesin the restructuring of agricultural production.

Agricultural restructuring had focused on productivity, accumulation of landand promotion of key export products, Son said, besides targeting growth of thegross domestic product (GDP) and export value of the sector.

The sector would need to focus on the development of science and technology inagricultural production and to formulate policies to create conditions forlarge-scale production. Those activities would help the sustainable developmentof restructuring in agriculture, Son said.

Pham Cong Thieu, deputy director of the Institute of Animal Husbandry, alsoagreed that the growth of the agricultural sector showed the positive impact ofthe restructuring process. The organisation and management of production inagriculture has changed.

Radio the Voice of Vietnam (VOV) quoted Thieu as saying, “The restructuring hasfocused on producing tree and animal seeds. The sector has invested inproduction of products such as vegetables, cashew, rice and wood to increasethe value for export farming products and attracting more investment in the agriculturesector.”

However, according to Thieu, the agriculture sector is facing many challenges,including stricter trade barriers.

The sector also needs new solutions. It needs to restructure the market,improving the competitiveness of State owned enterprises, supplying inputmaterial and processing products after harvest.

The sector should promote public investment and building of infrastructure forirrigation, transportation and post-harvest processing. It should provideknowledge about increases in productivity, environmental protection andcooperation among research units, enterprises and farmers.

It should develop sustainable management for resources, policies on landaccumulation and large production areas. It should create solutions for thenegative effects of climate change, because Vietnam is one of the countriessuffering most from climate change, especially in the agriculture sector.

Vietnam earned about 29.54 billion USD from agro, forestry and fishery exportsbetween January and September, up 9.3 percent from the same period of 2017 andequivalent to 73 percent of this year’s target, according to the ministry.

Deputy Minister of Agriculture and Rural Development Ha Cong Tuan said althoughnatural disasters had greatly influenced agricultural, forestry andaquacultural production, the sector had fulfilled many targets with resultshigher than in the previous years, especially in terms of growth and exportrevenue.

In the reviewed period, agro-forestry-fishery production value grew by 3.81 percent– 3.82 percent year on year. Meanwhile, GDP in the sector is estimated toincrease by 3.5 percent – 3.6 percent.

Major contributors to the expansion are fisheries (up 6.46 percent), forestry(6 percent), cultivation (3 percent) and animal husbandry (2.41 percent). Surgesin value and output were recorded in rice, fruits and vegetables, exportpoultry meat, tra fish, and timber and wood products.

Tuan said the sector would press on with agricultural restructuring. InOctober, it would boost the output, value and export turnover of the productswith rising demand and good markets to help achieve the targets set for 2018.

Thieu said it would be possible to reach the target of exporting 40 billion USDof agricultural products this year.

"The total export value in the first nine months exceeded the plan, whilethe export prospects in the final three months are also good. The US-Chinatrade war will also bring advantages in export for Vietnam’s agriculturalsector,” he said.-VNS/VNA
VNA

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