Vietnamplus

The Eastern Economic Corridor (EEC) continues to attract more investors. Last year, the EEC generated over 100 billion baht from outside investment.

The Government and the banking sector are paying more attention in enabling those involved in the agricultural sector to obtain loans from the bank, but the number of farmers and agricultural cooperatives to get access to bank loans remains modest, experts said at a seminar held in HCM City on December 27.

The Cambodian Ministry of Agriculture, Forestry, and Fisheries on December 25 launched a five-year strategic plan which focuses on making the agriculture sector more competitive and resilient to climate change.

Developing a farm-based economy with mass production has been defined as a key task by localities in the Red River Delta province of Bac Ninh as they look to become new-style rural areas.

The fourth Vietnam Rice Festival is taking place in the Mekong Delta province of Vinh Long with a wide range of events designed to promote agro-economy and rice trade in domestic and foreign markets.

Forty seven of HCM City’s 56 rural communes have met all 19 criteria set in the national target programme on building new-style rural areas, according to the municipal Party Committee.

The fourth Vietnam Rice Festival will take place in the Mekong Delta province of Vinh Long on December 13-19 with a view to promoting agro-economy and rice trade in domestic and foreign markets.

President of the Vietnam Cooperative Alliance (VCA) Nguyen Ngoc Bao has asked Japan to help Vietnam develop multi-service cooperatives which have proved successful in Japan.

The southernmost province of Ca Mau will promote its key agricultural products, especially collective brand names, to increase their value and competitiveness.

Prime Minister Nguyen Xuan Phuc stressed that developing the collective economy must start from people’s demand, during a teleconference in Hanoi on October 14 reviewing the 15-year implementation of the resolution on renewing, developing and improving the efficiency of the collective economy and cooperatives.

Deputy Prime Minister Vuong Dinh Hue highlighted that the collective economic sector has escaped from the prolonged weakness while addressing a forum in Hanoi on October 14.

Agriculture businesses should embrace connection in order to participate in global value chains, heard a forum held in Hanoi on October 8.

Thailand will prohibit the use of three toxic farm chemicals starting December this year.

Farmers' incomes in the Mekong Delta have risen as a result of membership in agricultural cooperatives, but the effectiveness of the groups is still limited, experts have said.

Deputy Prime Minister Vuong Dinh Hue has applauded contributions of the collective economy in the non-agricultural sector to new-style rural area building and poverty reduction over the past 15 years.

The Finance Ministry of Thailand will need more than 100 billion THB (3.28 billion USD) to sponsor the sustainable development strategy for the rural economic area with around 30 million low-income households nationwide.

The rice price guarantee scheme will begin next month with farmers set to be paid the difference when the price falls below a predetermined benchmark, Deputy Prime Minister and Commerce Minister Jurin Laksanawisit said.

The Thai government will announce economic stimulus packages for poor people in rural areas as part of an effort to bring GDP growth to over 3 percent in 2019, Deputy Prime Minister Somkid Jatusripitak has said.

The Central Highlands province of Lam Dong has set a target of having 250 well-functioning agricultural cooperatives and two cooperative alliances by 2020.

The Ca Mau Province People’s Committee has earmarked 4 billion VND (172,320 USD) worth of subsidies for seven new-style agricultural cooperatives this year.