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Calling for more investment into agriculture and rural development
The Ministry of Agriculture and Rural Development held a conference in Quang Binh province on December 6 to call for more investment into agriculture and rural development in six north-central provinces from Thanh Hoa to Thua Thien-Hue.
In recent times, businesses felt reluctant to invest in agriculture in the north-central region, because the area is seriously affected by floods, storms and wind from Laos.
However, the Vietnam Rubber Group affirmed it is still safe to grow rubber there as only a few areas of rubber plantation were destroyed by storms in the region over the past 10 years.
At the conference, Minister of Agriculture and Rural Development, Cao Duc Phat said the north-central region has great agricultural potential for aquaculture because the region has 670km of coastal line, as well as 23 river mouths and lagoons. There is also has more than 1.6 million ha of forest land. It also has advantages in road, railway, sea and aviation transport, facilitating transportation of goods and abundant human. The region is frequently hit by natural disasters and floods, but it can be dealt with by applying advanced technologies and growing suitable plants, said Mr. Phat.
In the 2011-2020 period, the six provinces will call on businesses to further invest in rubber plantations, raising cows and developing aquaculture and seafood processing. Investors in these fields will be granted incentives, such as exemption from land tax, financial support of 50-100 percent training fees for workers, 50-70 percent of advertising fees and 50 percent of transportation costs.
At the conference, businesses signed three projects for agriculture in the region. The Vietnam Rubber Group also donated VND500 million to central flood victims.
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