Public-private partnership needed for sustainable rice farming

Attracting investment and public-private partnership (PPP) plays an important role in implementing the project of sustainable development of 1 million ha of low-emission high-quality rice production in the Mekong Delta to 2030, said insiders.

Public-private partnership needed for sustainable rice farming hinh anh 1

Harvesting the Winter-Spring rice crop in Hau Giang province (Photo: VNA)

Attracting investment and public-private partnership (PPP) plays an important role in implementing the project of sustainable development of 1 million ha of low-emission high-quality rice production in the Mekong Delta to 2030, said insiders.

The project will promote added value throughout the entire rice production chain, raising farmers' incomes, ensuring sustainable development amid worsening climate change, and contributing to green growth.

According to Deputy Minister of Agriculture and Rural Development Tran Thanh Nam, the project will focus on measures to reduce production costs for farmers and expand carbon-certified rice production.

Public-private partnership needed for sustainable rice farming hinh anh 2

Harvesting the Summer-Autumn rice crop in Can Tho city (Photo: VNA)


Le Thanh Tung, Deputy Director of the Crop Production Department under the Ministry of Agriculture and Rural Development (MARD), said mobilising components in the value chain through public-private partnership programmes is a top priority in implementing the project.

Promoting the application of technical advances in farming will help solve difficulties for farmers, on the pathway to developing a sustainable rice production chain, he added.

The establishment of the PPP task force on rice aims to boost linkages in sustainable rice production and leverage agricultural technology to support the activities of the rice industry.

Le Quoc Thanh, Director of the National Agricultural Extension Centre, said the project will offer an opportunity to re-position Vietnam’s rice sector. He called for joint engagement of private areas, businesses, and producers in the project.

Head of Sustainable Value Chains of Grow Asia Misha Rabat said Grow Asia wants to connect public and private sector partners and mobilise resources from funds in order to support food system innovation, thus improving the rice industry's adaptation to climate change and increasing incomes for rice farmers.

Many Vietnamese businesses have also expressed their interest and willingness to join in this project.

According to Chairman of Loc Troi Group Huynh Van Thon, the firm has organised chain and cooperative model-based production and applied technologies in production activities.

Vietnam's rice sector has so far ensured food security and created jobs and income for 9.3 million households in rural areas, making it a decisive factor in hunger eradication and poverty reduction.

The nation currently ships rice products to more than 150 countries and territories, accounting for more than 15% of the world’s total rice exports./.
Source: VNS
en.vietnamplus.vn

Related News

Latest News

The Tax industry has comprehensive digital transformation

The Tax industry has comprehensive digital transformation

VCN - The application of information technology (IT) over the past 30 years has contributed to building a modern Tax industry that operates effectively, efficiently and successfully implements programs and plans to reform administrative procedures, recognized and highly appreciated by organizations, businesses, individuals and the entire society.
Minister of Finance requests to strengthen inspection and supervision of public service activities

Minister of Finance requests to strengthen inspection and supervision of public service activities

VCN - Minister of Finance Ho Duc Phoc signed and promulgated Directive 03/CT-BTC requiring heads of affiliated and subordinate units to thoroughly implement well the Prime Minister's direction on rectifying and strengthening the inspection, examination and supervision of public service activities.
Assessing one-year implementation of "Strengthening Public Financial Management in Viet Nam” project

Assessing one-year implementation of "Strengthening Public Financial Management in Viet Nam” project

VCN - The Project Steering Committee of the Strengthening Public Financial Management Program, Subprogram 1 with a medium-term vision (Project) under the Strengthening Public Financial Management in Viet Nam program held its third meeting on the afternoon of November 23 to evaluate the performance of one-year implementation of the project and direct an implementation plan in 2024
New circular aims to improve stock market transparency

New circular aims to improve stock market transparency

The Ministry of Finance has issued a new circular which aims to improve stock market transparency in Vietnam. ​

More News

Accelerate tax refunds

Accelerate tax refunds

VCN - Implementing the direction of the Prime Minister and the Minister of Finance in tax refunds, the General Department of Taxation has directed tax authorities at all levels to speed up the progress of tax refund settlement, and at the same time, strongly control implementation to ensure strict tax refund and compliance with the law.
Intensified Deployment of Electronic Invoice Issuance for Each Petroleum Retail Sale

Intensified Deployment of Electronic Invoice Issuance for Each Petroleum Retail Sale

VCN - The Ministry of Finance states that the issuance of electronic invoices for each petroleum retail sale is fully supported by legal grounds. Alongside this, the Tax Department is escalating efforts in advocacy, leadership, directives, and the implementation of electronic invoice usage to enhance understanding among citizens and businesses about the benefits, responsibilities, and effectiveness of electronic invoice utilization. This initiative aims to improve taxpayer compliance with tax law obligations.
Transactions worth from 400 million VND to be reported to state bank

Transactions worth from 400 million VND to be reported to state bank

Transactions with a value of 400 million VND ($16,520)or more must be reported to the State Bank of Vietnam (SBV) from December 1, 2023, according to a new regulation.
Finance sector: Many solutions to promote anti-corruption

Finance sector: Many solutions to promote anti-corruption

VCN - According to the Ministry of Finance, through 10 months of 2023, the Ministry of Finance Inspectorate and units with specialized inspection functions under the Ministry have carried out more than 60,880 inspections and examinations, and discovered many violations in managing, using state capital and assets.
VAT reduction requires a combination of long-term solutions to support growth

VAT reduction requires a combination of long-term solutions to support growth

VCN - Responding to the opinions of National Assembly delegates on reducing value added tax (VAT), Minister of Finance Ho Duc Phoc said that this is only one of solutions and is effective in the short term, so it still needs long-term solutions for economic growth.
Reducing VAT along with tax and fee supports helps stimulate demand, reduce costs, and increase profits

Reducing VAT along with tax and fee supports helps stimulate demand, reduce costs, and increase profits

VCN - According to the program of the 6th Session, Minister of Finance Ho Duc Phoc, authorized by the Prime Minister, presented a Proposal on reducing value added tax (VAT), with a proposal to continue implementing this policy in the first half of 2024.
Frozen IPO market makes it difficult to attract foreign capital

Frozen IPO market makes it difficult to attract foreign capital

The lack of initial public offerings (IPOs) from new market entrants makes it difficult for the securities market of Vietnam, which is dominated by banking stocks, to attract foreign capital.
Enhancing and streamlining of regular expenditure payment processes at the state treasury

Enhancing and streamlining of regular expenditure payment processes at the state treasury

VCN - Following over six months of trial operations and five months of extensive implementation, the automation of payments for electricity, water, and telecommunications expenses has yielded significant practical benefits and outcomes.
Strengthen supervision to boost the insurance market

Strengthen supervision to boost the insurance market

VCN - Given by stricter regulations for insurance business activities, Mr. Ngo Viet Trung, Director of the Department of Insurance Management and Supervision (Ministry of Finance), said that this will help the insurance market develop sustainably.
Read More

Your care

Latest Most read
The Tax industry has comprehensive digital transformation

The Tax industry has comprehensive digital transformation

VCN - The application of information technology (IT) over the past 30 years has contributed to building a modern Tax industry that operates effectively, efficiently and successfully implements programs and plans to reform administrative procedures, recogn
Minister of Finance requests to strengthen inspection and supervision of public service activities

Minister of Finance requests to strengthen inspection and supervision of public service activities

VCN - Minister of Finance Ho Duc Phoc signed and promulgated Directive 03/CT-BTC requiring heads of affiliated and subordinate units to thoroughly implement well the Prime Minister's direction on rectifying and strengthening the inspection, examination an
Assessing one-year implementation of "Strengthening Public Financial Management in Viet Nam” project

Assessing one-year implementation of "Strengthening Public Financial Management in Viet Nam” project

VCN - The Project Steering Committee of the Strengthening Public Financial Management Program, Subprogram 1 with a medium-term vision (Project) under the Strengthening Public Financial Management in Viet Nam program held its third meeting on the afternoon
New circular aims to improve stock market transparency

New circular aims to improve stock market transparency

The Ministry of Finance has issued a new circular which aims to improve stock market transparency in Vietnam. ​
Accelerate tax refunds

Accelerate tax refunds

VCN - Implementing the direction of the Prime Minister and the Minister of Finance in tax refunds, the General Department of Taxation has directed tax authorities at all levels to speed up the progress of tax refund settlement, and at the same time, stron
Mobile Version