Enduring the negative impacts of the fourth Covid-19 pandemic outbreak, the agriculture sector in Ho Chi Minh City is implementing high technologies for its recovery.
It is forecast that higher-quality FDI will pour into Vietnam in the near future, mostly in clean energy, hi-tech agriculture, and mechanical engineering.
Mekong Delta farmers have been adopting many advanced models in agricultural production, such as growing melons in net houses and hi-tech shrimp farming. Accordingly, pesticide spraying drones, seed sowing machines, and rice transplanters have appeared in some places. Digital transformation is an inevitable trend in the modernization of the agricultural sector because technology helps to enhance productivity and value through effective scaling farming and management systems.
Thanks to the national targeted program ‘New Rural Development’, in the last 5 years, the living standards of residents in suburban areas of Ho Chi Minh City (HCMC) have witnessed great improvement. In such a mega city where agriculture only accounts for a small proportion in the city's economic structure, the continuous rise in performance and gross output over one hectare of agricultural land is truly impressive.
Prime Minister Nguyen Xuan Phuc advised the Central Highlands province of Dak Lak to focus resources on developing green and hi-tech agriculture while holding a working session with provincial leaders as part of his visit to the locality on December 8.
More investment in high-tech agriculture is needed to produce high-quality exports with greater added value that can compete globally, speakers said at a conference held on October 19 in HCM City.
A representative from the State Bank of Vietnam (SBV) yesterday reported difficulties in implementing a loaning program to develop hi-tech agriculture at a conference in the Central Highlands province of Lam Dong.
Better credit policies and higher consumption of farming products are necessary to ensure efficient use of funds borrowed for high-tech agricultural projects, experts said at a seminar in Hanoi yesterday.
Eight banks have attended a credit package of VND100 trillion in the hi-tech agriculture field with the total registered capital of VND120 trillion (US$5.29 billion).