Việt Nam ranks fourth globally in natural rubber latex production, accounting for about 9 per cent, and third in exports, with about 14 per cent, after Thailand and Ivory Coast.
Viet Nam’s exports were becoming more sophisticated with an impressive diversification of its export basket and increases in the shares of higher-value manufacturing exports, according to a recent World Bank’s report.
The application of high technologies was vital for the development of
agriculture, as it was entering a new stage, stated Minister of
Agriculture and Rural Development Cao Duc Phat.
Authorities in the Cuu Long (Mekong) River Delta are planning to switch
from low-yield rice to higher-value crops like maize, sesame, peanut,
soybean, and others on 112,000ha by 2015, the Crop Production Department
has said.