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Over 491 million USD invested in processing farm produce in H1

Over 11.4 trillion VND (491.3 million USD) was poured into 11 projects of agricultural product processing in the first half of 2019, according the Ministry of Agriculture and Rural Development. 

Since 2018, over 20 trillion VND was invested in processing agricultural products with 30 projects being operational nationwide. They are hoped to create a breakthrough in processing and exporting farm produce.

processing farm produce, agricultural product processing, Large-scale firms, high-tech application, post-harvest losses

Illustrative image.

In the first half of this year, as many as 1,634 agro-forestry-aquaculture enterprises were established, lifting the total of enterprises operating in the agricultural field to nearly 11,000.

Large-scale firms such as Vinamilk, Nafoods, TH, Dabaco Vietnam, Masan, Lavifood, Ba Huan and Bien Dong have promoted investment into high-tech application in production and business.

Head of the MARD’s Department of Planning Nguyen Van Viet said the ministry is directing the implementation of a project to improve the value of agro-forestry-aquaculture products in processing and reducing post-harvest losses.

Attention has been paid to enhancing deep processing of products with great market advantages and promoting product restructuring to increase added value.

The MARD will continue to support and facilitate the construction and operation of large-scale and modern processing plants of vegetables, fruits and livestock products in 2019, including a hi-tech breeding-dairy cows and milk processing plant worth 3.8 trillion VND (over 163.7 million USD) in the central province of Thanh Hoa.

Link production and consumption of hi-tech farm produce
(BGO) – The Hanoi based VietCoop Joint Stock Company (VietCoop) has recently inked the Business Cooperation Contract with Hiep Hoa Organic Agriculture Cooperative Alliance (Cooperative Alliance) (Hiep Hoa district, Bac Giang province).
 
Over 10 of Vietnamese key farm produce sold abroad
More than 10 key agricultural products of Vietnam are being sold across 160 countries and territories worldwide. They include rice, coffee, rubber, cashew nut, peppercorn, tea, fruit and vegetables, tra fish, shrimp, wood and timber products.
 
Vietnamese farm produce seeks to reach further in global market
Improving quality is an urgent and long-term solution to help Vietnamese farm produce make inroads into global markets, according to Minister of Agriculture and Rural Development Nguyen Xuan Cuong.
 
Prime Minister asks Brazil to open market wider for Vietnam’s farm produce
Prime Minister Nguyen Xuan Phuc asked Brazil to facilitate the entry of Vietnamese farm produce, including shrimp and tra fish, into its market during a reception for Brazilian Minister of Agriculture, Livestock and Food Supply Terresa Cristina Correa in Hanoi on May 17. 
 
Vietnam, China to enhance trade on farm produce
Minister of Industry and Trade Tran Tuan Anh has held a working session with head of China’s General Administration of Customs Ni Yuefeng to seek ways to boost bilateral trade ties in a more balanced and sustainable manner.
 

Source: VNA

processing farm produce, agricultural product processing, Large-scale firms, high-tech application, post-harvest losses
 
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