MARD proposes stimulating market demand

The Ministry of Agriculture and Rural Development (MARD) will work out five major solutions to boost agricultural production, with a focus on stimulating market demand.

Under a master plan being drafted, MARD will pour more investment into products of market advantages such as rice. It will provide necessary capital and seeds to farmers if they cultivate the third crop in the Mekong River Delta and the winter-spring crop in the north.

It will downsize the acreage of farm products that are struggling to find outlets, such as coffee, rubber, pepper, cashew nuts and seafood.

MARD proposed that the Government provide farmers with capital to purchase machinery and materials to increase the quality of products and reduce post-harvest losses. It also asked the government to double its investment capital, estimated to cost VND4,000 billion, to upgrade the rural infrastructure, making markets more accessible. 

The plan will be submitted to the Prime Minister for consideration.

VietNamNet/VOV

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