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International acclaim for Vietnam’s agricultural developmentThe International community has praised Vietnam’s achievements in agricultural development.

The remark was made by Minister of Agriculture and Development Cao Duc Phat after the closing of the 43rd World Economic Forum (WEF) in Davos, Switzerland, which involved globally prestigious political figures, economists and scholars.

Minister Phat told the media that the event provided a good opportunity for the Vietnamese delegation to discuss with world leaders and entrepreneurs on issues of common concern and the results of applying the Public Private Partnership (PPP) model in agriculture.

He said Vietnam is one of the 11 nations applying the PPP model in agriculture and the Ministry of Agriculture and Rural Development (MARD) is carrying out a sustainable agricultural development programme in coordination with 20 leading agricultural groups in the world.

At the Davos forum, the Vietnamese delegation attended a host of rounds of discussions on initiatives such as “A New Vision of Agriculture” and “Green Growth Action Alliance”, food security, agricultural investment and adaptation to ASEAN diversity.

The focus of discussion was on the implementation of the PPP model in agriculture to boost production, stabilize markets for Vietnamese key agricultural products and promote “A New Vision of Agriculture” in Vietnam and the world.

The agricultural PPP model has been effectively implemented in Vietnam and appreciated by the WEF and other countries as a typical model of PPP cooperation in agricultural development.

In the trial run of the agricultural PPP model, the MARD is building a new cooperation mechanism for effective investment in agriculture to ensure sustainable agricultural growth and raise farmers’ incomes.

For the implementation of the “Green Growth Action Alliance” initiative, the WEF is mobilizing financial resources from the private sectors.

Vietnam is strongly committed to integrating green growth initiatives into its action programmes on socio-economic, agricultural and rural development.

The MARD will coordinate closely with “Green Growth Action Alliance” initiative groups in Vietnam to propose projects on green growth in agriculture, Minister Phat added.

(VOV)

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