Opening agricultural markets between Vietnam and Nebraska
14/07/23 09:51AM
MARD Minister Le Minh Hoan proposed working together with the state of Nebraska, USA to establish markets for the complementary agricultural products of both nations.


Minister Le Minh Hoan worked with Mr. Jim Pillen, Governor of the state of Nebraska,

USA on the afternoon of July 13. Photo: Linh Linh.

Minister Le Minh Hoan met with Mr. Jim Pillen, Governor of Nebraska State, United States, on July 13 to promote cooperation in agricultural science and technology and trade.

According to Minister Le Minh Hoan, trade relations between Vietnam and Nebraska began ten years ago. In 2020, eight Vietnamese businesses signed trade agreements with American businesses to import unprocessed beef, wheat, distiller's dried grains with solubles (DDGS) soybean meal, maize, and wood.

Nebraska has a robust agricultural sector. According to World Bank statistics, Nebraska is the leading supplier in the United States of all types of animal feed ingredients to Vietnam.

In addition, the state's total export turnover to Vietnam will reach 86.3 million USD in 2022, with soybeans (reaching 45 million USD in 2022) and cattle (reaching 16.1 million USD in 2022) being the state's most valuable exports.

Minister Le Minh Hoan said that the demand for cooperation and investment in developing the livestock, slaughtering and feed production industries is huge. Photo: Linh Linh.

In the Strategy for Sustainable Agriculture and Rural Development for the period 2021 - 2030, with a vision to 2050, the agroproduction industry aims to renew the crop structure and implement management of agricultural land use purposes more flexibly in order to capitalize on the strategic manufacturing industry to meet domestic demand and serve export; prioritize the development of commodities with comparative advantages and substantial demand (industrial crops, tropical fruit trees, premium rice, etc.); promote the development of new promising commodities such as medicinal plants, ornamental plants, and edible mushrooms by taking the necessary measures.

The strategy for the livestock industry is to assure the domestic market's basic food requirements; develop potential products such as poultry meat, eggs, and milk; and maintain the breeding of hogs and large cattle. Develop livestock, poultry, indigenous livestock, and high-value specialties, ensuring food safety, environmental sustainability, biosecurity, and disease.

"We have set a goal to maintain 29-30 million pigs, 500-550 million poultry, and over 14 million cattle (cow, dairy cow, buffalo, goat, and sheep) on a regular basis by 2030. "Therefore, the demand for cooperation in investment and development of the livestock, slaughter, and feed production industries is very high; this is a potential area for US businesses to learn from and collaborate with Vietnamese businesses, bringing benefits to both sides," the minister stated.

Vietnam expected Nebraska enterprises to increase investment and technology transfer in the sectors of irrigation, livestock irrigation, cultivation, and processing of agricultural products, according to the minister of agriculture and rural development.

The Department also wishes to expand the program of cooperation in science and technology, and capacity building training with Nebraska's research institutions and universities.