HCMC – The Ministry of Agriculture and Rural Development has given its approval to a vegetable farming project set to be realized by 2030, with the ambitious goal of achieving a vegetable export value ranging from US$1 billion to US$1.5 billion.
The nationwide vegetable production is anticipated to reach an impressive 23-24 million tons, of which 1-1.3 million tons will be earmarked for processing purposes.
This project is designed to harness the natural, economic, and social advantages of the country, catering to the diverse demands of both domestic and international consumers.
Moreover, it seeks to incentivize economic entities to invest in the growth of the vegetable production and processing sector.
Local authorities will play a crucial role by implementing a range of policies aimed at attracting business investments in agriculture and rural areas.
They will also collaborate with enterprises to establish comprehensive vegetable production chains, spanning from the cultivation phase to processing and eventual product consumption.