Agriculture businesses forge connection to join global value chains

Agriculture businesses should embrace connection in order to participate in global value chains, heard a forum held in Hanoi on October 8.
Agriculture businesses forge connection to join global value chains ảnh 1Dragon fruits for exports (Photo: VNA)

Hanoi (VNA) –
Agriculture businessesshould embrace connection in order to participate in global value chains, hearda forum held in Hanoi on October 8.

Nguyen Quoc Toan, director of the agriculturalproducts processing and development department under the Ministry ofAgriculture and Rural Development, said as of September 2019, the countrycounted 1,478 value chains of agricultural products across 63 cities andprovinces nationwide.

There are 14,810 agricultural cooperatives andover 7,000 agro-forestry-fishery processing facilities, he said, adding thatmore than 25,500 households have joined production chains with businessescertified with Vietnamese Good Agricultural Practices (VietGAP) while over619,000 households engaged in large-scale field production.

Vietnam is exporting farm produce to 185countries and territories, ranking second in the Southeast Asian region and15th in the world. The country has also joined and signed 16 new-generationfree trade agreements (FTAs), thus creating more opportunities for the exportof agricultural products, Toan said.

In the first nine months of 2019, Vietnamexported 30.2 billion USD worth of farm produce, a year-on-year rise of 2.7percent, he added.

Deputy Minister of Agriculture and RuralDevelopment Ha Cong Tuan said the number of agriculture businesses in Vietnamhas increased rapidly in the past three years.

About 500 enterprises are involved in agriculturalvalue chains from production, harvesting, and processing to trading, headded./.
VNA

See more

A vessel docks at Hai Phong Port ready to be loaded with containers. (Photo: VNA/VNS)

Vietnam's port firms thrive in 2024

According to the Vietnam Maritime Administration, the total cargo volume through the nation's port system reached approximately 864.4 million tonnes, up 14% year-on-year. Container throughput was estimated at 29.9 million TEUs, reflecting a 21% rise.

THACO Chairman Tran Ba Duong (Photo: VNA)

THACO targets sales of over 100,000 vehicles in 2025

In 2025, THACO will continue to expand the scale of investment in all six key production and business sectors including automotive, agriculture, mechanical engineering and supporting industries, investment - construction, trade – services, and logistics.

Nearly 1 million workers of more than 12,600 businesses with trade trade unions in Ho Chi Minh City have returned to work following the nine-day Lunar New Year (Tet) holiday. (Photo: VNA)

HCM City: Nearly 1 million workers back to work after Tet holiday

Nearly 1 million workers of more than 12,600 businesses with trade trade unions in Ho Chi Minh City have returned to work following the nine-day Lunar New Year (Tet) holiday, reaching 85.33% of their total workforce, according to the municipal Labour Federation.

Prime Minister Pham Minh Chinh (centre, first row), and leaders of Binh Duong province handover investment certificates to enterprises. (Photo: daibieunhandan.vn)

Binh Duong lures additional 1 billion USD of investment

Seven foreign-invested projects, with a total registered capital of 1 billion USD in the southern province of Binh Duong have been granted in-principle approval and investment certificates at a recent meeting held by the provincial People's Committee.

Illustrative image (Photo: VNA)

Reference exchange rate up on February 4

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,578 VND/USD and the floor rate 23,142 VND/USD.