Thursday 10 November 2011
Japan
Vietnamese farm investment
Japan would continue to help Viet Nam develop a multi-functional agricultural model as part of the Enhancing Functions of Agricultural Co-operative in Viet Nam-Phase 2, a project inked yesterday in Ha Noi.
The project was signed by representatives of the Japan International Co-operation Agency (JICA) and the Department of Co-operatives and Rural Development under the Ministry of Agriculture and Rural Development.
The project was signed by representatives of the Japan International Co-operation Agency (JICA) and the Department of Co-operatives and Rural Development under the Ministry of Agriculture and Rural Development.
"The co-operatives take responsibility for all service areas, such as the provision of farming tools and credit; they help farmers process and consume products and cover insurance for their activities. This type of advice and oversight is crucial to the development of Vietnamese agriculture at present," said Chief Representative of JICA Viet Nam Tsuno Motonori.

By communicating the achievements of the first phase (2006-10) to other regions and co-operatives, the second phase will build the support system for enhancing the effectiveness of co-operatives and training centres at the national and local levels.
The project would be carried out from 2011-14 in provinces throughout Viet Nam, including Hoa Binh, Thai Binh, Hai Duong, An Giang and Binh Dinh.
The first phase of the project was begun in March 2006: it aimed to assist the Government of Viet Nam in developing new models in accordance with the Co-operative Law of 1996. The government would continue to promote the updating of traditional style co-operatives, which focus mainly on agriculture production, as well as establishing new co-operatives whose activities would include marketing, production, and credit distribution.
Despite demands from co-operative members, little progress has been made due to the lack of experience of the officers. — VNS
Source: newsroom - farmingnewsdaily.co.uk
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