The agricultural sector plans to raise the added value of its products by at least 20 percent in the next decade.
Thetarget is set as the volume and value of exports of Vietnamese farmproduce increase constantly in the recent years, but farmers’ income didnot increase in correlation.
Additionally, 90 percent of thecountry’s exports are raw farm produce, including low quality stapleswith prices 5-10 percent lower than those of similar produce of othercountries.
According to Bui Chi Buu, Director of the SouthernAgricultural Science and Technology Institute, processed products earnvalues some 10-fold higher than raw products. For example, one kilo ofpacked processed tra or basa (pangasius) fillets is sold for over 10USD, while the same raw fish quantity is valued at only 1 USD.
Theexport of pepper is another example, with turnover registering bigsurge while the volume remained almost unchanged thanks to a three-timeincrease in the amount of processed pepper for export.
He addedthat the country could earn an additional 100 million USD from coffeeexports if its products were of better quality. In fact, Vietnamships abroad between 900,000-1 million tonnes of coffee a year, earningabout 1.8 billion-2 billion USD.
The sector has focusedinvestment on its processing industry and improving production methodsto raise the quality of farm produce, considering those as urgent tasksin the future.
The project to raise the added value ofagricultural products includes a series of measures to improvetechnology, including increasing mechanisation in the Mekong Delta, themajor region for key farm produce, to 60 percent and building the systemof post harvest and warehouse to reduce losses of rice to 5-6 percent.
In2011, the sector plans to complete the planning of safe tea, vegetableand fruit areas in cities and provinces nationwide with a half ofproduction establishments in these areas and 30 percent of theirproducts meeting the Certification for Vietnam Good AgriculturalPractice (VietGAP).
Joining those efforts, the Ministry ofIndustry and Trade approved a plan to develop an industry to manufactureagricultural, forestry and fisheries equipment with a total investmentcapital of over 20 trillion VND./.
Thetarget is set as the volume and value of exports of Vietnamese farmproduce increase constantly in the recent years, but farmers’ income didnot increase in correlation.
Additionally, 90 percent of thecountry’s exports are raw farm produce, including low quality stapleswith prices 5-10 percent lower than those of similar produce of othercountries.
According to Bui Chi Buu, Director of the SouthernAgricultural Science and Technology Institute, processed products earnvalues some 10-fold higher than raw products. For example, one kilo ofpacked processed tra or basa (pangasius) fillets is sold for over 10USD, while the same raw fish quantity is valued at only 1 USD.
Theexport of pepper is another example, with turnover registering bigsurge while the volume remained almost unchanged thanks to a three-timeincrease in the amount of processed pepper for export.
He addedthat the country could earn an additional 100 million USD from coffeeexports if its products were of better quality. In fact, Vietnamships abroad between 900,000-1 million tonnes of coffee a year, earningabout 1.8 billion-2 billion USD.
The sector has focusedinvestment on its processing industry and improving production methodsto raise the quality of farm produce, considering those as urgent tasksin the future.
The project to raise the added value ofagricultural products includes a series of measures to improvetechnology, including increasing mechanisation in the Mekong Delta, themajor region for key farm produce, to 60 percent and building the systemof post harvest and warehouse to reduce losses of rice to 5-6 percent.
In2011, the sector plans to complete the planning of safe tea, vegetableand fruit areas in cities and provinces nationwide with a half ofproduction establishments in these areas and 30 percent of theirproducts meeting the Certification for Vietnam Good AgriculturalPractice (VietGAP).
Joining those efforts, the Ministry ofIndustry and Trade approved a plan to develop an industry to manufactureagricultural, forestry and fisheries equipment with a total investmentcapital of over 20 trillion VND./.
