An ecosystem comprising "6 homes" and three solutions to boost the global position of Vietnamese agricultural goods
- 126
- Socially Responsible Enterprise
- 22:08 23/08/2022
DNHN - Vietnamese agricultural goods are created with astonishing outcomes in a "6 homes" ecology. However, in the setting of a fiercely competitive market, the agricultural industry must apply particular solutions to enhance its position and integrate a new level of Vietnamese agricultural goods into the worldwide market.
MSc. Vu Khanh Thinh, Ministry of Foreign Affairs, stated that Vietnamese agricultural goods are created in an ecosystem of "six homes," which includes the government, banks, farmers, entrepreneurs, scientists, and network operators.
The state, in particular, develops the environment, signs international treaties, perfects institutions and motivates citizens, and assures public services, energy, water, and infrastructure.
Farmers are energetic, aggressive, and inventive in their agricultural product production and trade. Entrepreneurs utilize resources and arrange the agricultural product supply chain. Scientists conduct research and development on novel plant types and seedlings, as well as modern and high-quality agricultural production technology, to give farmers timely and reasonable rates.
Banks offer finance for agricultural product production and commerce, including investment in high-quality variety research and development. The network operator offers information infrastructure services as well as an online trading platform for agricultural products, allowing them to easily enter the global agricultural product market.
According to Mr Thinh, with this ecosystem, the process of improving the position to integrate a new level of Vietnamese agricultural products has achieved significant results by persistently and persistently improving the position, changing each aspect and each item to increase product quality and appearance.
There are agricultural goods that have attained a high level in global agricultural products, affecting the world's opinion and appraisal of Vietnamese agricultural products' status.
However, because the worldwide market is intensely competitive and fickle, agricultural product positioning has not been harmonized and lacks long-term sustainability. The Vietnamese agricultural product development ecosystem is still fairly poor, and the agricultural production mindset has not been shifted to agricultural economics.
According to Mr Thinh, the agriculture sector and allied ministries and branches must adopt three critical solutions to boost the position of Vietnamese agricultural goods across the world.
To achieve the objective of developing each aspect and vertex of the hexagon, it is important to completely promote the synchronous strengths of each player in the established hexagonal ecosystem.
To construct a large-scale product portfolio, the state must continue to enhance agricultural development institutions and align the purpose of enhancing the position of agricultural goods from key and spearhead items to other commodities. Mechanisms for promoting the effective growth of each agricultural product should be followed
"Because the list of agricultural goods is relatively long, the agricultural industry must create it in phases to limit investment dispersion. When investing in the development of various sorts of products, it is vital to stimulate participation from communities, businesses, and the entire community. This necessitates encouraging innovative agricultural start-ups to expand resources, particularly high-quality human resources, to improve and develop the position of each selected agricultural commodity. Farmers must be more fully conscious of the goal in the new time to create high-quality agricultural goods for the global market".
The following solution is to analyze and re-evaluate the position of Vietnamese agricultural products of each type in comparison to the positions of these types in other countries to see more clearly the strengths and limitations of each agricultural product in terms of colour, design, agricultural product, price, level of protection, and commercialization to have an appropriate development strategy for each type.
Create a roadmap to enhance each product type to attain a high level with an appropriate solvent system. Identify resources to improve the status of agricultural goods so that they may be mobilized as needed.
At the same time, the agricultural sector must actively and actively learn from worldwide experiences to improve the position of agricultural goods in this country in comparison to the rest of the world.
Ha Anh
Related news
- Vinpearl, Hoa Sen Group, Bim Group, and Thành Thành Công – Biên Hòa are the most favored employers
- “Imposing high taxes on short-term real estate purchases reduces market liquidity”
- The policies shaping the future of the United States
- Proposal to provide financial support for troubled BOT traffic projects
- Vietnam promotes a strategy to penetrate the Middle Eastern Halal market
- Request to thoroughly resolve real estate issues and avoid "criminalization"
- Increasing taxes on pick-up trucks: The need to hear public opinion
- Why are Vietnamese startups not focusing on the domestic market?
- QuickPack Group (Germany) invests Eur30 million in Dong Tam Group'S Southeast ASIA Long An Industrial Park in Long An (Vietnam)
- "The Vietnam-Korea Investment Cooperation Forum 2024 is a testament to the spirit of innovation and sustainable collaboration."
- KBIZ's 60-year journey in building a solid foundation for South Korea's small and medium enterprise community
- Gold peaks, stocks languish: Experts identify opportunities for investors
- What categories are included in the additional audit subjects?
- General Secretary Tô Lâm sounded the alarm on preventing and combating waste
- The potential of the blockchain and cryptocurrency
- Electricity price hike and the long-term energy dilemma
- Institutional obstacles "tie up" enterprises and challenge economic growth
- Vietnam stands poised to seize opportunities in the semiconductor industry
- Southeast enterprises integrate renewable energy into production
- ‘'Bầu Đức'’ and the banana revolution at Hoang Anh Gia Lai
Đọc thêm Socially Responsible Enterprise
Korean businesses seek to import agricultural and aquatic products from Cà Mau
Korean businesses have expressed a desire to import Vietnam's agricultural and aquatic products while also exploring the development of cosmetics and pharmaceuticals using unique materials from Cà Mau.
How will the economy transform under President Donald Trump's second term?
Donald Trump's official election as President for a second term has a positive impact on the US economy as well as bringing prosperity to the world economy.
Policies that shape America's future
The re-election of Donald Trump as US President will begin a major turning point in trade policy, deeply affecting global trade.
“Imposing high taxes on short-term real estate purchases reduces market liquidity”
Lawyer Nguyen Thanh Ha warns that imposing high taxes on short-term real estate transactions can reduce liquidity and affect sellers who need to make urgent transactions.
Vague legality - barrier to investment in free trade zones
infrastructure development
The Entrepreneurs of Thanh Hoa in Ho Chi Minh City and the South: A new step for the "Future Journey"
The 5th Congress of the Thanh Hoa Entrepreneurs Club in Ho Chi Minh City and the Southern Provinces has become an event marking the spirit of connection, cooperation, and sustainable development within the entrepreneurial community.
Entrepreneurs of the Pink Lotus Land: United in Connection - Shaping the Future
During the past term (2019 - 2024), members of the Đồng Tháp Entrepreneurs Club in Ho Chi Minh City contributed over 7.5 billion VND to the development of their homeland, supporting local residents in stabilizing their lives.
The policies shaping the future of the United States
Donald Trump's re-election as President of the United States will mark the beginning of a major turning point in trade policy, with far-reaching effects on global trade.
Proposal to provide financial support for troubled BOT traffic projects
The government is considering adding regulations on the use of state capital to support financially troubled BOT traffic projects in order to continue executing the contracts.
Hanoi: New land auction policies – what businesses need to know
The Chairman of the Hanoi People's Committee has recently signed two decisions regarding land use rights auctions. These are key updates businesses need to know about Hanoi's new policies.