EU funds shrimp value chain development Tu Giang and Trung Chanh HANOI, CAN THO - The European Union (EU) is financing a project worth 2.5 million euros to promote shrimp production and value chain development in a number of Mekong Delta provinces. The project, which is funded under SWITCH-Asia program, aims to promote sustainable economic prosperity and poverty reduction in Vietnam. Small and medium processing enterprises, shrimp producers and inhabitants in a number of Mekong Delta provinces will benefit from the “sustainable and equitable shrimp production and value chain development” project, which was launched by Oxfam, the International Collaborating Center for Aquaculture and Fisheries Sustainability (ICAFIS) and partners. Nguyen Le Hoa, deputy country director of Oxfam in Vietnam, told a seminar in Can Tho City on May 25 that the project would be implemented in Soc Trang, Bac Lieu and Ca Mau provinces over a period of four years ending in February 2020. … [Read more...] about EU funds shrimp value chain development
The value chain
In recent years, Vietnam's agriculture has gained certain development, making important contributions to the export sector of various agricultural commodities, especially rice and catfish. However, this development remains short of fulfilling the sector’s full potential; one of the reasons is the absence of a successful value chain for agricultural products. One important measure to develop the value chain of agricultural products is to encourage trade enterprises to participate. Currently, there are still many difficulties hindering enterprises when participating in the agricultural value chain relating to activities of trade promotion, production stimulation, ensuring product quality and reasonable price for consumers. The trade companies’ role is under-appreciated. This has made it more difficult for the catfish industry. In addition, the role of rice buyer is also not been recognized properly despise purchasing over 93 percent yield. To solve this problem, recently in … [Read more...] about How to Enhance Role of Trading Companies in Value Chain of Rice and Catfish?
(CPV) - The Emergency Centre for Transboundary Animal Diseases (ECTAD) of the Food and Agriculture Organization (FAO) Viet Nam co-organized a poultry value chain workshop with the Department of Livestock Production (DLP) and the Department of Animal Health (DAH) within the Ministry of Agriculture and Rural Development (MARD). This workshop provided information about Viet Nam poultry value chains and aimed at identifying future steps to make Viet Nam poultry production and trade safer and healthier for people working within these value chains and consumers purchasing the poultry. During the workshop, FAO presented the study results that profiled major live bird market and slaughterhouses in northern Viet Nam and characterized locations along the value chains where poultry diseases including influenza viruses have the greatest chance to mix, amplify and spread. Locations and management interventions that would minimize the public health risk for exposure to zoonotic diseases such as … [Read more...] about Stakeholders gathered to discuss making poultry value chains in northern Viet Nam safer and healthier
The Hanoitimes - The World Bank has advised middle-income countries in the eastern Asia-Pacific region - Vietnam, the Philippines, Indonesia, Malaysia, Thailand - to invest in physical and human capital to move up the value chain in production and exports. In its latest East Asia & Pacific Economic Update released Wednesday, the bank says Vietnam should reform policies governing trade and other sectors to further integrate into the regional economy and sharpen its competitiveness in the global market and should also invest in infrastructure and human resources. The region's developing countries can grow rapidly in the current decade even in a weakened world if they implement structural reforms and cooperate further on regional economic integration and climate change, it says. Recovery in demand abroad, sustained fiscal and monetary stimulus within developing East Asia, and a rapid rebound in consumer spending have prompted the bank to raise its projection for the region's real … [Read more...] about World Bank tells Vietnam to move up value chain
The most serious challenge facing SMEs is how to create new business opportunities for more value-added products and services, especially tradable ones, which are very much in line with the region's commonly-accepted trade and FDI-led development strategy. Obtaining access to profitable export markets is crucial to fostering SME growth and productivity, especially given the increasing globalization and market liberalization. The transformation of regional businesses by the emergence of global value chains signals potentially new and important directions for SME development in Asia and the Pacific. The global and regional value chain (GVC) approach in particular, provides the following four advantages for SME development at the national and regional levels: In recognition of the diversity of developing economies of the region in terms of economic status and condition, and natural endowment, the specific sector value chain-based approach could identify development issues more easily, … [Read more...] about Four advantages of the value chain approach for small and medium-sized enterprises