The Ministry of Industry and Trade believes that drastic measures needto be implemented to increase the competitiveness of farm produce and tofight against the desperately poor performance of Vietnameseagricultural products in many foreign markets.
According to theministry, agricultural export revenue remains low despite the country’sstanding as the world’s leading farm produce exporter, with key salesincluding rice, cashew, coffee and aquaculture.
Worryingly,product pricing remains a problem. Vietnam’s tea exports rank 5 th interms of global quantity but only 10 th in price received. Similarly,Vietnamese tra fish has 90 percent of the market share but alwaysfetches up to 30 percent less than similar products of competitors.
Thisis caused by rudimentary processing techniques and non-trademarkedproducts, experts believe. In addition, very few contracts are signeddirectly with foreign partners due to limitations in processing andexporting capacity.
Experts attending the recent VietnamInternational Conference on Food Industry said that despite GAP and GMPstandard application in the farm produce process, huge losses stillemerge in the harvesting to processing stages.
To jointhe global value chain, Vietnamese farm produce needs to see greatimprovements in everything from the seeds used to the pesticidesutilised and the reaping process adopted, said Chairwoman of HCM CityFood and Foodstuff Association, Ly Kim Chi.
The Ministry ofAgriculture and Rural Development has issued a decision on raising addedvalue of farm produce and reducing post harvest losses by half.
In addition, Vo Thanh Do, a senior official from the Ministry,suggested that enterprises invest in advanced technology to make use offarm produce residues and byproducts, bringing additional value foragricultural products.
For example, bran rice residue can be usedto produce bran oil and cattle feed while straw can be utilised formushroom cultivation.
Meanwhile, Bui Huy Son, Director of theTrade Promotion Agency under the Ministry of Industry and Trade,highlighted that it is crucial for enterprises to know their targetmarket tastes while create attractive designs for their products.
Freetrade deals with foreign countries as well as the establishment ofASEAN Economic Community by the end of this year are expected to open upopportunities for Vietnamese agricultural exports. Enterprises need tofocus on high-quality products and choose suitable distributing channelsand export products in line with the diversified demands of themarket.-VNA
According to theministry, agricultural export revenue remains low despite the country’sstanding as the world’s leading farm produce exporter, with key salesincluding rice, cashew, coffee and aquaculture.
Worryingly,product pricing remains a problem. Vietnam’s tea exports rank 5 th interms of global quantity but only 10 th in price received. Similarly,Vietnamese tra fish has 90 percent of the market share but alwaysfetches up to 30 percent less than similar products of competitors.
Thisis caused by rudimentary processing techniques and non-trademarkedproducts, experts believe. In addition, very few contracts are signeddirectly with foreign partners due to limitations in processing andexporting capacity.
Experts attending the recent VietnamInternational Conference on Food Industry said that despite GAP and GMPstandard application in the farm produce process, huge losses stillemerge in the harvesting to processing stages.
To jointhe global value chain, Vietnamese farm produce needs to see greatimprovements in everything from the seeds used to the pesticidesutilised and the reaping process adopted, said Chairwoman of HCM CityFood and Foodstuff Association, Ly Kim Chi.
The Ministry ofAgriculture and Rural Development has issued a decision on raising addedvalue of farm produce and reducing post harvest losses by half.
In addition, Vo Thanh Do, a senior official from the Ministry,suggested that enterprises invest in advanced technology to make use offarm produce residues and byproducts, bringing additional value foragricultural products.
For example, bran rice residue can be usedto produce bran oil and cattle feed while straw can be utilised formushroom cultivation.
Meanwhile, Bui Huy Son, Director of theTrade Promotion Agency under the Ministry of Industry and Trade,highlighted that it is crucial for enterprises to know their targetmarket tastes while create attractive designs for their products.
Freetrade deals with foreign countries as well as the establishment ofASEAN Economic Community by the end of this year are expected to open upopportunities for Vietnamese agricultural exports. Enterprises need tofocus on high-quality products and choose suitable distributing channelsand export products in line with the diversified demands of themarket.-VNA
