Japanese firms suggested pouring investments into agriculture

12:33 | 17/10/2015 Investment

Ministry of Agriculture and Rural Development official Nguyen Do Anh Tuan has suggested that Japanese enterprises should prioritise investments in seed production and breeding, support industries for farming, biological technology and produce maintenance in Vietnam.

Japanese firms suggested pouring investments into agriculture

Tien Giang Fruit and Vegetables Co workers process pineapples for export. (Photo: VNA)

He also suggested that they develop farms, fish ports and irrigation works, adding that the country had been accelerating administrative reforms and support policies to attract investors into these areas.

Tuan noted that, although advantages related to nature and farmers facilitates Vietnam's agricultural development, the country's products still remain cheap with the lack of modern technology application and linkages between production and distribution.

Mori Mutsuya, Chief Representative of the Japan International Cooperation Agency (JICA) in Vietnam, said Vietnam can absolutely become a large agricultural producer in Asia, provided that what it manufactures is based more on market demand.

Mori also suggested that the country should let market members, such as supermarkets, take part in the supervision of food safety and hygiene, for more efficient distribution chains.

He added that Japanese businesses still face difficulties in renting lands in certain areas, such as in the Central Highlands province of Lam Dong, where the construction of hi-tech farming complexes is underway./.

Source: VNA

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