On the morning of March 18, in Hanoi, the Ministry of Agriculture and Rural Development and the Korea International Cooperation Agency (KOICA) organized a workshop "Vision of Vietnam - Korea cooperation in the field of agriculture to year 3”.
According to Minister of Agriculture and Rural Development Le Minh Hoan, Vietnam and Korea both have potential and advantages for agricultural development cooperation. Korea is a country with modern agriculture and rich crop varieties. Vietnam is one of the world's leading exporters of agricultural products with many outstanding products such as rice, vegetables and fruits, seafood, industrial crops...
Vietnam - Korea cooperation in the field of agriculture mainly focuses on technology transfer on developing biofuel crops, high-end vegetable varieties, technology for producing edible mushrooms, medicinal mushrooms, and food production. safe products, developing temperate fruit trees, developing agricultural extension, and applying technology in agriculture; Promote trade in agricultural products with strengths of the two countries.
"Korea has many advantages in applying high technology in the production and processing of agricultural products that Vietnam really wants to cooperate in the near future," said Minister Le Minh Hoan.
Mr. Chang Won Sam, Chairman of the Korea International Cooperation Agency, said that KOICA has identified the agricultural sector as a key area of cooperation between the two countries and continues to provide systematic support according to a common and long-term strategy. term.
According to Mr. Chang Won Sam, in an effort to bring a stable and prosperous life to the people, KOICA is supporting the improvement of production capacity and marketability in agriculture, forestry and fisheries, and sustainable rural development. , building production networks to respond to climate change and conserve natural resources.
KOICA will continue to support Vietnam's agricultural development through many projects such as: improving value chains, promoting market linkages, and strengthening capacity to respond to climate change.
“The keywords for cooperation in the coming time are: digitalization, climate change, innovation, promoting the application of science and technology in agriculture. Thereby, helping to increase income for Vietnamese farmers, ensuring sustainable development," Mr. Chang Won Sam emphasized.
At the conference, Minister Le Minh Hoan also thanked the Korean International Cooperation Agency for its interest and support in "Building a Vision for Vietnam-Korea cooperation in the field of agriculture and rural development in the period 2024-2030”.
According to Minister Le Minh Hoan, the report is very important and practical, thereby identifying potential areas of cooperation to maximize the comparative advantages of the two countries, diversifying types of cooperation and investment. investment to improve efficiency and ensure sustainability.
This activity is expected to contribute to promoting the growth of Vietnam's agricultural sector in a sustainable way; promote investment - trade cooperation between Vietnam - Korea in the field of agriculture and rural development in a sustainable and inclusive direction; Strengthen the cooperation structure between the public and private sectors, said Minister Le Minh Hoan.
Information about Vietnam - Korea agricultural cooperation, Mr. Nguyen Anh Phong, Deputy Director of the Institute of Policy and Strategy for Agricultural and Rural Development said that Korea is an important export market for agricultural products. Vietnam. The export value of Vietnam's agricultural, forestry and fishery products to this market will triple from 3 to 2010. Currently, Korea is the 2023th largest market of Vietnam's agricultural, forestry and fishery products.
Since the Vietnam-Korea Free Trade Agreement (VKFTA) took effect, the export value of Vietnamese agricultural, forestry and fishery products to Korea has increased sharply, averaging over 2 billion USD/year in 2016. -2023.
Meanwhile, Vietnam is also Korea's 4th largest market for exporting agricultural, forestry and fishery products. Since the VKFTA Agreement, Korean agricultural, forestry and fishery products exports to Vietnam have increased by an average of 6,2%/year.
Regarding investment, although Korea ranks first in FDI capital into Vietnam, Korean FDI into Vietnam's agricultural industry only accounts for 0,17% of Korea's total FDI capital into Vietnam. Investments are concentrated mainly in a number of localities with favorable climate conditions, land, infrastructure, human resources, raw material areas and preferential investment policies. By 2022, there are 39 valid projects.
Regarding ODA capital, Korea is the second largest support partner for Vietnam's agricultural sector. Korean ODA capital has contributed to the development of Vietnamese agriculture through improving productivity and product quality of crops, livestock and aquatic products. However, Korea's ODA capital for Vietnamese agriculture only accounts for 3,36% of Korea's total ODA for Vietnam.
According to VNA
