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Vietnam calls on Swiss investors in agriculture

Deputy Minister of Agriculture and Rural Development Tran Thanh Nam called on Swiss investors to engage in Vietnam’s agricultural sector during a trade and investment promotion forum on agriculture in Zurich, Switzerland, on June 29.

Vietnam is one of the world largest exporters of many agricultural products such as rice, coffee, cashew, rubber, aquatic products, wood and wooden products, he noted.

The officials stressed that Vietnam is restructuring its agriculture towards higher value, high technology, organic and sustainable growth, with priority on processing and raising quality and added value of agricultural products.

Swiss businesses operating in Vietnam’s agriculture sector, including Nestle, Tetra Pak, Buhler, Bucher, Syngenta, have shown their pioneering role in renovating their products, enhancing quality and added value of the products, thus promoting many farm produce of Vietnam in the international market, he said.

Vietnam and the European Free Trade Area (EFTA), in which Switzerland is a member, have been negotiating for a free trade agreement. After being signed and becoming effective, the deal will open up great chances for businesses of both sides to boost their partnership, Nam said.

Meanwhile, Marc Townsend, Chairman of the Vietnam Committee under the Swiss-Asian Chamber of Commerce, said that many Swiss firms has long experience in partnering with Vietnamese farmers, including Nestle that has been operating in the Southeast Asian country since 1912.

Townsend revealed that Swiss enterprises interested in Vietnam have considered the introduction of new Swiss invention into Vietnam, including environmental-friendly technology, and smart cultivation techniques. They have sought opportunities to bring Vietnamese products to the world, he added.

Vietnam is now ranking 13th in the world in terms of farm produce exports, while its agricultural products have been available in 180 countries.