Forum to enhance cooperative relations between overseas Vietnamese and local businesses

By Tuan Minh

Feb 11, 2015 / 12:26 PM

The Ministry of Agriculture and Rural Development (MARD) held a forum in HCM City on February 9 to connect businesses run by overseas Vietnamese to local businesses and strengthen cooperative relations in the agricultural field.

The event, which has also served as a bridge to link state management agencies with OVs entrepreneurs, attracted the participation of OVs business people from Denmark, Israel, Sweden, Russia, Bulgaria and France.

Addressing the forum, MARD Minister Cao Duc Phat said last year the agricultural sector obtained a growth rate of 3.31% and a total export turnover of US$30.86 billion. However, the sector also encountered difficulties in finding outlets for their farm produce and as a result, farmers’ income remains low and unstable.

Meanwhile, the participating OVs entrepreneurs also highlighted problems in connecting local businesses which relate to business credibility, product quality and transport. They also emphasised the need to establish a management agency to accelerate the connectivity between businesses.

MARD Minister Phat also highlighted the role of OVs entrepreneurs, saying that they are the most effective channel to introduce Vietnam’s farm produce to the world. Currently, MARD is encouraging the businesses to invest in agricultural and processing industries.

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