Promoting opportunities for Vietnam’s agricultural investment in UK

A delegation from the Ministry of Agriculture and Rural Development led by Deputy Minister Diep Kinh Tan visited the UK from July 2-6 to seek opportunities for Vietnam’s agricultural investment promotion.

At the July 5 meeting with more than 20 representatives from UK trade and investment organizations and businesses, the delegation introduced Vietnam’s agricultural potential and discussed investment opportunities in this field.

Last year’s agricultural export earnings reached US$19.5 billion, accounting for 27 percent of the country’s total export value. However, the value added proportion of Vietnamese export products is still low.

To boost agricultural exports, Vietnam needs advanced technologies from the UK as well as other European nations to apply them in the farm produce processing sector, Mr Tan said.

On the occasion, the Vietnam Rubber Group discussed with the UK-based COBA International Ltd about the early signing of a rubber contract.

C. Pollard, a representative from MRAG, a London-based consulting firm involved in promoting sustainable utilization of natural resources, said his company wants to expand its business operations in Vietnam and is seeking partners in Can Tho city and Mekong Delta provinces.

The UK considers Vietnam as one of the 17 potential markets likely to achieve high growth rates in the future. – VOV

Tags: Vietnam agriculture