(VOV) – In the fiercely competitive rice industry, leading economists at a seminar in Can Tho City on December 11 say Vietnam is right on track to become the world’s largest exporter by 2020, providing the Southeast Asian nation can overcome its shortcomings.
They added that at present, some nations – India, Pakistan and the US – have pursued rather aggressive policies to boost rice production and exports and as a result have become tough competitors for Vietnam.
In recent years, the Mekong River Delta region has spared no efforts to attract investment in the field of rice production. Many international organisations and foreign investors have also been upsizing the production model.
However, to date these have just been pilot programmes and have had no real world impact on rice production in Vietnam.
Although Vietnam currently ranks second in the world in exporting rice, its export value has remained low and the country has yet to develop a solid supply chain with the major international brands in the industry.
Duong Quoc Xuan, deputy head of the Steering Committee for the Southwest region stressed the need to devise a zoning plan for rice production, organise a purchasing and reserve system and focus on building national brand names.
On a more positive note, the Vietnam Southern Food Corporation and Mekong Delta Rice Research Institute signed a cooperative agreement to research rice varieties, which would lay a solid foundation for producing quality rice in vast quantities.
Đăng ký: VietNam News
