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Leverage for Vietnam agricultural products to take off
March 16, 2021 | 09:00 am GMT+7
International integration offers Vietnam agri-products opportunities to scale the value chain, though with strict requirements.
Vietnam typically exports eight types of agricultural, forestry, and aquatic products with an annual turnover of over $1 billion, many of which have achieved high positions in the global market.
However, experts say Vietnam s agricultural sector has yet to develop modern production methods due to its small scale and lack of technological applications. As a result, agricultural production has low productivity, competitiveness, and added value.
To optimize the stages of the agri-product value chain, one solution is to remove bottlenecks in production and preservation. Also, food loss needs to be reduced, transportation costs optimized, and stable output markets found for agri-products.