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Public-private partnership highlighted in high-quality rice production project

Effective public-private partnership and support from partners are key to the success of the project on developing 1 million hectares of high-quality, low-emission rice linked with green growth in the Mekong Delta region by 2030, Minister of Agriculture and Rural Development Le Minh Hoan said at a talk on January 30.
Public-private partnership highlighted in high-quality rice production project ảnh 1Illustrative photo (Photo: VNA)

Hanoi (VNA) – Effective public-privatepartnership and support from partners are key to the success of the project ondeveloping 1 million ha of high-quality, low-emission rice linked withgreen growth in the Mekong Delta region by 2030, Minister of Agriculture andRural Development Le Minh Hoan said at a talk on January 30.

Speaking at the on-line talk on the role of public-privatepartnership and innovation in implementing the major rice production project inthe Mekong Delta, Hoan said to implement the project, Vietnam needs to mobilise resources andtechnical advances. One of the important tools is the "Food Innovation HubVietnam” (FIHV) which was established under an initiative of the WorldEconomic Forum to link domestic innovation networks and international ones, andpromote the use of digital technology to develop smart agricultural valuechains.

He said the FIHV will help expand the scale and acceleratethe transformation process of Vietnam's agricultural sector in particular andthe economy in general to become a green, sustainable, and low-emissionagricultural powerhouse. 

The minister also said that, in addition to efforts fromstate agencies in developing policies and creating favourable conditions todevelop green and sustainable agriculture, the engagementof the private sector, support of international partners, organisations,non-governmental organisations, research agencies, and domestic andinternational experts are important.

“Effective public-private cooperation and support from partnerswill be the key to the project's success,” he said.

Paavo Eliste, Practice Manager from World Bank said that likemany other countries which are affected seriously by climate change, Vietnamhas been proactive in implementing new policies to promote the transformationprocess in the direction of low emissions and green development. At the same time, Vietnam alsotakes action to increase competitiveness in the international market.

Paavo Eliste said that the implementation of the project opens up great potential for promoting activities in innovation, mobilising carbon financial resources, applying digital technology, and engaging theprivate sector in unprecedented ways to expand access tomarkets./.

VNA
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