【BET88】 Link vào BET88 Đăng Ký & Đăng Nhập

Link BET88 Đăng Ký & Đăng Nhập

Technology crucial to high-value agriculture development in GMS

Science-technology is a breakthrough solution to green and high-value agriculture development, said Minister of Agriculture and Rural Development Nguyen Xuan Cuong.
Technology crucial to high-value agriculture development in GMS ảnh 1Delegates speak at the event (Photo: VNA)

Hanoi (VNA)
– Science-technology isa breakthrough solution to green and high-value agriculture development, saidMinister of Agriculture and Rural Development Nguyen Xuan Cuong.

He made the statement at a session onagriculture business and technology within the framework of the GMS BusinessSummit in Hanoi on March 30.

The Minister highlighted the important role of agriculture in economic growthand sustainable development of GMS nations, particularly Cambodia, Laos,Myanmar, and Vietnam (CLMV). The sector provides livelihoods for the regionalcitizens, particularly the low-income groups.

Cuong underlined the export capability and competitiveness of GMS agriculturalproducts thanks to the region’s favourable geographic location as a gateway tothe Asia – Pacific region and the world.

In the coming time, agriculture will continue being an important sector toensure food security, promote poverty reduction and hunger eradication, andserve as important support for other economic sectors, Cuong affirmed.

The fourth industrial revolution presents an opportunity for the GMSnations to boost hi-tech agriculture, in terms of artificial intellectual toreduce labour force and biotechnology to create high-yield varieties, amongothers, he said.  

Technology application in agriculture produce has helped halved the povertyrate in GMS nations over the past years, thanks to increased productivity andincome for farmers.

He called on the GMS nations to develop a cross-border agriculture value chainwith application of technology while exchanging information andcooperating closely together in building strategies and making planning forregional agriculture development.

Focus should be placed on developing logistics to support agriculture and managingcross-border agricultural products’ quality.

The GMS nations should also strengthentechnology application in managing natural resources, natural disasters, andthe use of Mekong water resources for agriculture.

Participants suggested the regional countries build a policy framework tofacilitate participation of private sector in ensuring food security inparticular and contributing to the regional economic growth in general.

They also attached significance to direct linkage between farmers and tradershelp farmers produce their products in line with the standards while increasingfarmers’ income.

Ngo Minh Hai, Chairman of the TH True Milk, said his group works directly withhouseholds and cooperatives to ensure they grow grasses and cows in line withthe company’s requirement in terms of production procedure and productsquality.

They provide training courses and technical assistance for involved farmers,thus introducing them to technologies applied in their farming, while givingthem sustainable livelihoods and incomes.

Dang Hoang Giang, President of the Vietnam Cashew Association (VINACASS)underlined the factor of technology application in increasing the value ofagricultural products in general and cashew nuts in particular.

He also stressed the need for developing large-scale fields and specialisedcrops to ensure efficient application of technology in production andprocessing.

Ousmane Dione, Country Director of the World Bank in Vietnam, affirmed that theagricultural sector continues to be the key factor for economic growth andsustainable development of the GMS nations.

The regional nations need to ensure the sector will be competitive, adaptive toclimate change, and integrate into the regional and global supply chains.
The first-ever Greater Mekong Subregion (GMS) BusinessSummit forms part of the sixth GMS Summit (GMS-6) and the 10thCambodia-Laos-Vietnam Development Triangle Summit (CLV-10).

As an initiative of host Vietnam, the event aims tostrengthen dialogues between enterprises and governments and connect businessesin the region and the world, while encouraging resources from the privatesector for the GMS Programme.-VNA
VNA

According to Tiffany Hoang, Chapter Lead of the Stellar Vietnam fund, three key factors are drawing the attention of investment funds to Vietnam and Da Nang in particular.

Attracting next-generation high-tech FDI will require Vietnam to move beyond its low-cost advantage and strengthen domestic capabilities, enabling local firms to secure higher-value positions in global value chains.

Rising geopolitical tensions and tightening supply are driving global rubber prices to their highest since 2017, creating opportunities for Vietnam’s industry, though experts urge exporters to diversify markets and meet sustainability standards to fully benefit.

UOB said it plans to build a new headquarters in Ho Chi Minh City, with a ground-breaking ceremony planned for July. The site sits within the designated VIFC-Ho Chi Minh City (VIFC-HCMC) zone.

Vietnamese airlines operating routes to and from Japan have adjusted flight schedules for June 3 due to the impact of Storm Jangmi.

Developing biofuels also stokes demand for agricultural commodities, advances the circular economy, underpins the biofuel industry and lifts domestic value chains, said Permanent Deputy Prime Minister Pham Gia Tuc.

With its strong manufacturing base, abundant raw materials, and rapidly growing digital commerce ecosystem, Vietnam can become a leading e-commerce export hub in Southeast Asia. Through platforms such as Amazon, Vietnamese products can not only increase export turnover but also gradually build globally competitive brands capable of conquering global markets.

HDBank, VietinBank, LPBank, FPT Corporation, MBBank, Vinhomes JSC, VPBank, Vietcombank, Vietjet Air, and SHB topped the 2026 VIX50 ranking of the nation’s most prestigious and effective public companies.

VIFC development still faces challenges amid a complex global environment, with financial centres worldwide competing intensely for capital. As a late entrant, Vietnam must adopt sufficiently strong mechanisms and policies to attract investors while maintaining effective oversight, controlling risks, safeguarding macroeconomic stability and ensuring sustainable growth.

A defining feature of the year was the Politburo's issuance of four major resolutions covering science, technology and innovation, international integration, law-making and law enforcement reform, and private sector development. VCCI said the resolutions signalled a broader shift in governance, with policymaking increasingly focused on enabling growth, fostering innovation and unlocking development resources.

Experts said Vietnam should introduce targeted incentives to attract investment in high-tech industries, renewable energy, green growth and the circular economy, while tightening screening of projects that are resource-intensive, environmentally damaging or generate limited added value.

ccording to the Department for Roads of Vietnam, the Vietnam National Petroleum Group (Petrolimex) is investing in nine rest stops. At the Mai Son–National Highway 45 rest area, 10 charging points have been installed on each side of the expressway. Each point has two charging ports, providing 20 EV charging spaces on each side.

Le Anh Trung, Chairman of the Dak Lak Durian Association, said durian remains a relatively new product for Indian consumers. While the market is highly segmented, India has a large and growing middle- and upper-income population with the purchasing power to support premium fruit imports.

Statistics from the Ministry of Industry and Trade (MoIT) show that the localisation rate of Vietnam’s textile and garment industry accounts for only about half of the value chain, meaning a significant portion of production revenue is spent on imported fabrics and other inputs.

Under the joint statement, accelerating cross-border infrastructure connectivity, particularly in railways, road transport and border gates, was identified as a key area of cooperation.

The ABTC is a travel document issued to eligible businesspersons, enabling visa-free entry into participating APEC member economies. The card is available in both physical and electronic formats, which carry equal legal validity.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,398 VND/USD, and the floor rate 23,884 VND/USD.

By expanding dairy cattle herds, optimising fresh milk output, and increasing technological content in dairy products, the sector aims to meet the domestic demand while gradually enhancing its competitiveness and strengthening its position in the global dairy industry.

Vietnam is emerging as one of Southeast Asia’s most dynamic logistics markets as companies accelerate supply chain diversification and expand their manufacturing and distribution networks across the region.

The S&P Global Vietnam Manufacturing Purchasing Managers' Index™ (PMI®) rose to 52.8 in May, up from 50.5 in April and reaching its highest since February. The solid overall improvement in business conditions was the eleventh in as many months.