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Vietnam: 500 hi-tech agricultural cooperatives by 2020

The plan to reach 500 hi-tech agricultural cooperatives by 2020 was revealed by the Ministry of Agriculture and Rural Development, it added that 60 percent of the cooperatives would be located in the country’s major agricultural production hubs such as Cuu Long (Mekong) River Delta, Hong (Red) River Delta, the northern mountainous region and Tay Nguyen (Central Highlands) region. reported that the Ministry intends that each province and city should have at least three hi-tech agricultural cooperatives. Vietnam sees it as very important to develop a production value chain of high-added value farming products and to promote the linkage of cooperatives with enterprises, as well as to encourage technology transfer and provide preferential loans to agricultural cooperatives.

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