Japanese firms seek agricultural cooperation opportunities in Vietnam

A delegation of Japanese businesses had a working session with the Vietnam Cooperative Union of Agricultural Consumption (UCA) in Hanoi on January 31 to seek investment cooperation opportunities in the field of high-tech agriculture.

Chairman of the UCA Board of Directors Pham Anh Tuan (standing) speaks at a working session with Japanese business delegation (Photo: VNA)

Miura Mitsuru, head of the delegation, said Japanese firms want to study the reality of agricultural production in Vietnam as well as the country’s potential and advantages to seek partnership opportunities with the UCA in supporting and developing production of cooperatives, and trading Vietnamese safe farm produce.

Le Duc Thinh, Director of the Economic Cooperation and Rural Development Department under the Ministry of Agriculture and Rural Development, said his unit is implementing a plan to develop 15,000 cooperatives through 2020.

The UCA will help cooperatives join value chains from production to sale of farm produce as well as remove bottlenecks in production and seeking markets.
The department will support the UCA in training and building policies for value chain connection, Thinh said.

Chairman of the Board of Directors of the UCA Pham Anh Tuan said its products are closely managed from production to harvesting, processing, packaging, preserving and selling to minimize post-harvest losses and improve the quality and competitiveness of products at home and abroad.

Recognising both opportunities and challenges from the country’s intensive integration into the global economy, the UCA has built a chain of UCAmarts and promote the pilot establishment of a centre linking production and consumption, exporting Vietnamese safe farm produce in the Red River Delta province of Ha Nam, he added.

The union has expanded investment cooperation opportunities with foreign partners, especially those from countries and territories with developed agriculture such as Japan, the Republic of Korea, Taiwan, and Israel to apply high-tech agricultural technologies in producing varieties, preserving, processing, and logistics.

The cooperation with Japanese businesses will help the agricultural sector increase competitiveness and make inroads into the global market, aiming to build a modern agricultural industry with sustainable development, he added.

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