14:09 | 16/08/2016 Cooperation
(VEN) - The Vietnam Farmer’s Union and the Japanese Institute of East Asia Studies signed an agreement on cooperation in agriculture, forestry and fisheries and rural development in Hanoi on July 22, 2016 with the goal of helping Vietnam become an agricultural power.
According to the agreement, Japan will transfer manufacturing and processing technologies, while supporting advanced sale and distribution system in agriculture, forestry and fisheries to Vietnam; develop new technology projects and economic models applying safe production and sustainable cultivation techniques; and enhance consumption of agricultural products in Vietnam.
The two sides will study the business and administration system as well as advanced technologies in agriculture, forestry and fisheries. In addition, pilot production models of Japan in these fields in Vietnam will contribute to spurring the restructuring of the agricultural sector, promoting the country’s socioeconomic development and enhancing cultural exchanges and mutual understanding between the two sides.
Vietnam Farmer’s Union Chairman Lai Xuan Mon said that Vietnam has many advantages in soil, climate and human resources to persify agricultural products such as rice, fruits and vegetables, seafood and forestry products. However the country’s agriculture remains weak in manufacturing and processing technologies. Meanwhile, Japan has applied modern technologies in agricultural production for a long time, but its agriculture only meets 45 percent of domestic demand. Therefore, the agreement will offer new cooperation opportunities and bring the relationship between the two countries to new heights.
Agricultural cooperation between Japan and Vietnam has been strongly implemented, Japanese Institute of East Asia Studies Chairman Tsutomu Takebe said. The agreement will help Vietnam become an agricultural power in the world and make Vietnam’s agricultural products more popular at the Japanese market.
Japan currently is Vietnam’s largest official development assistance provider, second largest investors and fourth largest trade partner. Promoting cooperation with Japan has brought positive contributions to Vietnam’s socioeconomic development. Agricultural cooperation between the two countries remains potential as Japan can support Vietnam in response to climate change, especially in restricting negative affects from drought, saltwater intrusion and environmental pollution. In addition, Japanese investment in the Vietnamese agricultural sector tends to increase.
Japan had 82 investment projects in Vietnam’s agriculture, forestry and fisheries in 2015, including two large cultivation projects in Da Lat City, Lam Dong Province.