Bright prospects for Vietnam-US agricultural cooperation
VOV.VN - There is huge potential for Vietnam and the US to cooperate in agriculture in the coming time, especially when the Trans-Pacific Partnership is likely to be approved.
Mr Anderson said Vietnam, a member of TPP, was a high growth market. As US businesses are eager to expand export markets to Vietnam, WUSATA decided to make a fact-finding tour of the country to seek cooperation opportunities.
During its stay in Vietnam, the delegation discussed with the Ministry of Agriculture and Rural Development and the Ministry of Industry and Trade measures to boost cooperation among businesses from the two countries.
They also met Vietnam’s major importers and visited wholesale and retail units and ports.
The US businesses pledged to provide technological support to help Vietnam improve the quality of agricultural produce to meet US import requirements.
According to WUSATA, Vietnam has experienced modern trends in marketing and sales. So, high quality agricultural products will find outlets in commercial centres and supermarkets as well as overseas markets.
Jim Barbee, Director of the Nevada Department of Agriculture, and WUSATA President, said Vietnam had a high demand for US high quality agricultural products. This was a good time for businesses from Western States, particularly small-and medium-sized enterprises, to spur exports to Vietnam.
WUSATA reported that agricultural exchanges between Vietnam and the US have grown rapidly year by year. US agricultural exports to Vietnam increased from US$1.5 billion in 2010 to US$2.6 billion in 2015.