Create the best conditions to serve farmers, organizations and localities to develop high-tech agriculture.
14:14 - 19/01/2017
That the talked by Prime Minister Nguyễn Xuân Phúc with the five biggest commercial banks in conference in Ho chi Minh city with attention by leaders of 20 localities strong in agriculture and more than 500 business owners, managers and scientists.

To develop a modern, safe agricultural sector in Việt Nam, He shared the views:  in building a hygienic and safe agriculture in Việt Nam. He hope the enthusiastic participation of farmers and enterprises in high-tech agriculture will open a new chapter for agricultural development in Việt Nam, firstly providing safe food for local residents, and then exports. He  also pointed out that only 4,000 enterprises out of 600,000 companies invest in agriculture. “The mission of the Government in the coming time is to have enterprises in rural areas develop agricultural production,” he added.

In order to support high-tech agriculture, the Ministry of Industry and Trade “must consider technical barriers in order to stop cheap imported food, promote trade promotion and engineering and automation for reducing agricultural machinery; encourage super market to consume hygienic and safe food”. He stressed.

On behalf of the Government he said that the Government will submit a proposal to the National Assembly to consider laws that would allow enterprises to own large tracts of land for high-tech agricultural production. The Government is also considering a new land fund to take back land and support compensation. “The Ministry of Health must also increase food safety inspection,” he said. “The Ministry of Natural Resources and Environment should review all land policies to promote high-tech agriculture. The State Bank of Việt Nam should issue a credit policy for high-tech agricultural investment and establish funds for high-tech agriculture.”

Nowadays, as  known that 70%  of  the  population works as farmers but agricultural production contributes only 20 per cent to GDP. But in developed countries, only 2–4 per cent of the population work as farmers but they contribute up to 40 per cent of GDP. So “If the Government and the National Assembly can consider using large tracts of land, it will be good, because we can’t produce much on small plots of land,” said farmer Võ Quan Huy from the southern province of Long An, who exports millions of dollars of bananas and other agricultural products.

The law only allows individuals or households to own from two to 30 hectares of land each for agricultural production, Farmers and enterprises have complained that they have not been able to mortgage their land at banks, and thus have had difficulties seeking bank loans.

As sharing in the conference, The central bank has said that from mid-November, the Agriculture and Rural Development Bank began preparing VNĐ 50 trillion (US$2.3 billion) to serve individuals, households, collectives and enterprises who produce hygienic, safe food at a preferential interest rate. SBV has actively encouraged high-tech agriculture since 2014 by developing supply chain models.
Thirty-one projects in high-tech agriculture have joined supply chains in 22 provinces and cities with total loans of VNĐ 3 trillion ($130 million). “Under the program, enterprises have already received preferential interest rates and better conditions for loans.

The Government has pledged to offer preferential policies on land, financing and technology to farmers and localities engaged in high-tech agriculture.
According to Dan Viet - By Hoa Mai
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