31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Economy / Agriculture
Vietnam seeks sustainable partnership with US in agricultural production
Hai Yen 13:17, 2022/05/14
Businesses from the two countries signed four memorandum of understanding (MoU) in facilitating trade and agricultural production.

Vietnam and the US can become credible and sustainable partners in agricultural production, for which the Vietnamese Government is committed to addressing business concerns and creating a favorable environment for international investors, including those from the US.

 Hi-tech farming in Hanoi's rural district. Photo: The Hanoi Times 

Minister of Agricultural and Rural Development Le Minh Hoan gave the remarks during a business matching event between Vietnamese and US farm businesses on May 13 in Washington.

Representatives of businesses, Government agencies, and associations in the agricultural sector from both countries took part in the event, including the US Soybean Export Council (USSEC), National Pork Producers Council and other multinationals.

At the conference, Minister Hoan briefed the delegates on Vietnam’s strategy for agricultural development in the coming time, as well as opportunities and challenges in promoting bilateral trade and investment.

“The Vietnamese Government is committed to ensuring a transparent and favorable business/investment environment for all companies and investors to do long-term business in the country,” Hoan said.

During the meeting, four memorandum of understanding (MoU) were signed between the two sides, including the one on development partners for sustainable agricultural production between Pepsico and Care International for greater food production capacity in Vietnam; the MoU between Bac Giang Province and ERG Group to facilitate the trade of local farm produce; the document signed between furniture producer Moc Thinh Phat and Grasslands Farms on promoting farm exports; and the MoU between Nevist Vietnam and APG on facilitating trade and investment in the agricultural sector.

At the event, businesses from the two companies held meetings to explore business opportunities, as well as chances for US multinationals to take Vietnamese farm produce into the global supply chains.

RELATED NEWS
TAG: vietnam us farm produce vietnam USSEC vietnam pepsico vietnam
Other news
13:25, 2022/25/24
Vietnam envisions low-carbon agricultural sector
The country called for support from the global community in enhancing climate resilience capabilities for the Mekong Delta region, eventually contributing to national and regional food security.
13:17, 2022/17/14
Vietnam seeks sustainable partnership with US in agricultural production
Businesses from the two countries signed four memorandum of understanding (MoU) in facilitating trade and agricultural production.
21:13, 2022/13/05
Vietnam negotiates new markets for local farm produce
During the first four months of 2022, total exports of Vietnam’s farm produce rose by 15.6% year-on-year to nearly US$18 billion.
09:43, 2022/43/11
Int’l agritech helps solve Vietnam pressing challenges in agriculture
The first AgriTech landing pad program provides entrepreneurs 1-on-1 tailored support in a Vietnamese market hungry for transformative solutions.
15:46, 2022/46/29
Vietnam joins Australia's new visa program for agricultural workers
Around 1,000 Vietnamese workers will be allowed to go to Australia to work in the agricultural sector each year.
15:35, 2022/35/23
Digital transformation creates breakthrough for Hanoi farming
The success of digital transformation requires the drastic involvement of departments and levels, especially state management agencies and the media.