Agricultural insurance pilot plan hits hurdles

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The Ministry of Agriculture and Rural Development held a workshop in Ha Noi last Friday to discuss the feasibility of agricultural insurance and collect opinions from representatives of localities and insurance companies about a pilot programme on the insurance. The pilot programme is set to be implemented in July. "The fragmented and clustered character of…


Can Tho projects second agricultural hi-tech zone

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The Can Tho Municipal People’s Committee has summoned its subordinate agencies to discuss the plan to build the second agricultural hi-tech zone. Under its master plan on agricultural development, Can Tho will build 3 agricultural hi-tech zones with a total investment of VND 3,100 billion. Earlier, the City has entered into the construction of the…


Agricultural sector urged to boost exports

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Domestic agricultural producers must boost exports to help reduce the country’s trade deficit, said economist Pham Do Chi. Chi said if the sector did not increase production and foreign sales, the country’s trade deficit would reach US$15 billion this year. According to the General Statistics Office, in the first four months of this year, the…


Vietnam, Indonesia boost agricultural cooperation

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The Hanoitmes – On the sidelines of the 2011 World Economic Forum (WEF) o­n East Asia in Indonesia, a delegation from the Vietnamese Ministry of Agriculture and Rural Development (MARD) met with representatives from the Indonesian Ministry of Maritime Affairs and Fisheries (MMAF) and Ministry of Trade (MoT). At the working session between MARD Minister…


Agricultural exports blossom in 2011

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Vietnam’s agricultural sector expects to surpass 2011’s export target of $23 billion since agricultural, forest items and seafood exports exceeded $10 billion in the year’s first five months. According to a Ministry of Agriculture and Rural Development (MARD) report, the agricultural export values leaped 41.5 per cent in the first five months of 2011 against…


Agricultural projects to receive incentives

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Investors in agricultural and rural projects will receive preferential treatment under a recent decision made by the Ministry of Finance. The decision is being made in accordance with the Government’s Decree No. 61/2010/ND-CP on preferential policies to encourage enterprises to invest in agricultural and rural areas. Accordingly, as of August 1, investors in agricultural and…


Agricultural insurance to take root

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Agricultural insurance has triggered a great deal of concern among insurers and the beneficiaries though its trial application now underway in 21 provinces and municipalities. Bao Minh Insurance Joint Stock Corporation’s professional services director Nguyen Van Minh sheds some light on the pilot programme. Agricultural insurance was formerly handled by scores of insurers but all…


Promoting opportunities for Vietnam’s agricultural investment in UK

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A delegation from the Ministry of Agriculture and Rural Development led by Deputy Minister Diep Kinh Tan visited the UK from July 2-6 to seek opportunities for Vietnam’s agricultural investment promotion. At the July 5 meeting with more than 20 representatives from UK trade and investment organizations and businesses, the delegation introduced Vietnam’s agricultural potential…


Cashew nut exporters upbeat about future

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Viet Nam’s cashew exports are likely to rise to US$1.5 billion in 2020 from $1.13 billion last year, the Viet Nam Cashew Association has said. Speaking at an international cashew conference in HCM City last week, Nguyen Thai Hoc, its chairman, said under the industry development strategy, the area under cashew would remain at 350,000…


Peru’s agricultural exports to Vietnam rise 45%

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Peru’s Ministry of Agriculture (MINAG) has announced the country’s agricultural exports to Vietnam rose 44.9% to US$2.66 million in the first four months of 2011, website Agraria.pe reported. The ministry reported 1069.8 metric tons (MT) of agricultural products were shipped to the South East Asian country with grapes as the main product, representing 93,9% of…


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