Vietnam has so far this year imported 4.13 million tonnes of corn worth US$825 million, according to the Ministry of Agriculture and Rural Development.
The figures represented
increases of 9% in volume and 11% in value compared to the same period last
year.
Vietnam spends up to US$1.7 billion a year on average to buy corn from
Argentina, Brazil and Thailand.
Corn import is on the rise due to the country’s limited plantation, which
covers just over 1 million hectares, and difficult cultivation conditions that
have led to low productivity, at 4.6 tonnes per hectare on average. Increasing
demand for animal feed also contributes to the cause.
The agricultural body plans to shift between 700,000 and
800,000 hectaresof low-productivity rice paddies to the cultivation of other plants, with corn
making up the lion’s share.
Source: VOV
In Lac Thuy district, communes have been succeeded in promoting their One Commune-One Product (OCOP) products while others are still struggling to position their typical farming products in market. Some communes in the district still fail to have their products met OCOP programme’s requirements, while others have seen their certifications expired.
The inspectorate agency of Hoa Binh province has issued Official Dispatch No. 1090/TTr-PCTN to provincial departments, agencies, localities, business associations, enterprises, and investors regarding measures to improve informal component indexes of the Provincial Competitiveness Index (PCI).
Hoa Binh is taking concrete steps to improve its investment environment, with a strong focus on supporting businesses, settling obstacles for strategic investors, and creating opportunities for robust development in the coming years.
Under the blazing early summer sun, the construction site of Nhuan Trach Industrial Park (IP) in Luong Son district is abuzz with activities from dawn to dusk, a testament to the determination of the investor to meet their construction targets on schedule.
