Vietnam targets over 70% mechanisation rate for crop production by 2030: Minister
Vietnam aims to reach a minimum rate of 70% of mechanisation in crop production by 2030 and income of a farmer will be around 120 million VND (5,140 USD) per year by 2030, Minister of Agriculture and Rural Development Le Minh Hoan said on August 25.
Drones used to spray pesticides and fertilise are introduced at the event. (Photo: VNA)
Can Tho (VNA) – Vietnam aims to reach a minimum rate of 70% of mechanisationin crop production by 2030 and income of a farmer will be around 120 million VND(5,140 USD) per year by 2030, Minister of Agriculture and Rural Development LeMinh Hoan said on August 25.
Hoan made the statement at the opening of Agritechnica Asia Live 2022 which washeld in the Mekong Delta city of Can Tho.
By 2030, more than 70% of major agricultural processing centres will apply technological advances while the post-harvest loss will be reduced by0.5-1% a year, Hoan said.
The Vietnamese Government has paid attention to and issued many policies to support thedevelopment of agricultural mechanisation, the minister said.
There have been a great development step in mechanisation in agriculture and farm produceprocessing as the number and types of machinery and equipment for agriculturalproduction are increasing rapidly in the country. Specifically, between 2011-2021, the number of tractors of all kinds increased by 48%, combineharvesters 79%, and machines for drying agricultural products 29%.
At the opening ceremony. (Photo: VNA)
The country now has about 7,800 mechanical enterprises, including nearly 100facilities that engage in agricultural machinery and equipment.
However, the income of a labourer in the agricultural sector is only about 43 millionVND per year on average, which is equal to 63% of that of non-agriculturalworkers.
The minister said that it is necessary to boost mechanisation in agriculturalproduction, apply smart and environment-friendly technologies towards digitalisationand automation to increase labour productivity, saying it is an inevitablesolution for efficient agricultural production and sustainable development.
The 2022 Agritechnica Asia Live aims to foster sustainable mechanisation bydemonstrating the use of up-to-date technologies in the local cropping systems.It is expected to offer an opportunity for experts and scientists to initiate a roadmap for the application of agricultural sustainable development technology whichis relevant for each country.
🉐 Other activities includeseminars on mechanisation in the fruit and fishery sectors. A machinery exhibition will be held within the framework of the event./.
Vietnam aims to develop a modern and sustainable farm produce processing system, making the country one of the world’s top ten agricultural processing hubs by 2030.
A total of 80 domestic and foreign firms have registered to take part in the upcoming 2022 Agritechnica Asia Live, scheduled to take place in the Mekong Delta city of Can Tho on August 24-26.
Mechanisation in agricultural production will help Vietnam become one of the top ten leading agricultural processing hubs in the world by 2050, Deputy Minister of Agriculture and Rural Development Tran Thanh Nam said on August 24.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.