Nov 5, 2018
Speaking recently at the Vietnam-India Business Forum, Tran Thanh Nam, deputy minister, Ministry of Agriculture and Rural Development, Vietnam, said that Vietnam is seeking new vision of technology from India so that Vietnam can modernize its food processing and strengthen crop protection base. The Forum was also keen on harnessing India’s potentials; cultivating and developing a mechanism for organic food production in Vietnam.
The Forum has planned for new vision for agriculture, building and strengthening multi-stakeholder partnerships, organized by the Federation of Indian Chambers of Commerce and Industry (FICCI) and the Embassy of Socialist Republic of Vietnam.
Nam emphasized that India holds substantial expertise in bio-treatment of agricultural waste and development of bio-pesticides. This, he added could be of great value to the Vietnamese agriculture sector on the whole.
Pham Sanh Chau, Vietnam’s Ambassador to India, said that agriculture and farming between the two countries (Vietnam and India) were deep-rooted. There is a need to pool resources intensively with exchange of modern technology to lessen the adverse effects of climate change on agriculture.
As projected, India is the fourth largest producer of agro-chemicals with a growth rate of 8.3 per cent and is expected to reach $8.1 billion by (FY) 2025. India is also seeking deeper to pursue greener agrochemicals to reduce adverse environmental impact, with mutual interest that offers opportunity for partnership in Vietnam.
Nguyen Quoc Toan, acting director general, Agro Processing and Marketing Development Authority of Vietnam, gave an indication of the great opportunities for agricultural trade and investment in Vietnam.