Prime Minister Nguyen Xuan Phuc has urged concerted efforts to turn Vietnam into an agriculture powerhouse with a modern and effective farm produce processing industry during a conference between the Government and localities in Hanoi on December 29.
Vietnam sustained an export growth rate of over 5 percent during the last 11 months, helping the trade surplus hit a record that almost doubled the figure in the same period of 2019.
The Ministry of Industry and Trade (MoIT) has introduced a range of measures to boost the growth of support industries in a bid to promote the engagement of local companies in production chains.
Vietnam needs to have a law on the supporting industry to aid its development, according to the chairman of the Vietnam Chamber of Commerce and Industry (VCCI).
The northern coastal province of Quang Ninh has given top priority to develop the manufacturing and processing industry, making it one of the three key pillars in the industry sector.
Agriculture was the only key sector that contributed to Indonesia’s growth in the third quarter of 2020, given the overall economy contracting 3.49 percent on-year, according to Indonesia’s Central Statistics Agency (BPS).
All communes in the northern province of Vinh Phuc have met new-style rural area standards, and two have fulfilled advanced standards for new-style rural areas, according to the provincial People’s Committee.
The 11th Congress of southern Dong Nai province’s Party Organisation for the 2020-2025 tenure will take place on October 14-16 with the participation of 348 delegates.
Prime Minister Nguyen Xuan Phuc on September 28 held a dialogue with more than 300 farmers in the central and Central Highlands regions in Dak Lak province’s Buon Ma Thuot city.
National Assembly Chairwoman Nguyen Thi Kim Ngan on September 24 requested that Can Tho city be well aware of its role and position in the Mekong Delta region, as well as its responsibility for boosting regional connectivity.
The Handicraft and Wood Industry Association (HAWA) of Ho Chi Minh City said it plans several measures to add value to Vietnam’s handicrafts and wood products, help its members further penetrate the global supply chain and enable Vietnam to become a leading producer and exporter of quality, branded and reputed furniture and forestry products.
The northern province of Bac Ninh licensed 119 new foreign direct investment (FDI) projects worth 334.8 million USD in the first eight months of 2020, according to the provincial Statistics Office.
The wood processing industry is to become a spearhead economic sector by 2025, posting export turnover of about 20 billion USD to contribute to socio-economic development and stabilise the livelihoods of people living in forested areas.
Besides its strength in industries, in recent years, the northern province of Vinh Phuc has maintained effective agricultural production with diverse farm produce and breeding products, requiring it to promote the agricultural product processing sector to enhance their value.
Chanh Thu Fruit Import and Export Company Limited in Ben Tre province continues to operate normally despite the resurgence of COVID-19 since it has shifted to new export markets instead of overly depending on traditional ones like China.
The agricultural industry is on track to account for 32 percent of Cambodia’s gross domestic product (GDP) by the end of the year as a large number of the country’s workforce moves into the sector, said a researcher.
Politics
