Recently, the Prime Minister of Vietnam issued Decision 194/QD-TTg approving the Scheme on innovation of business methods of consuming agricultural products for the period of 2021-2025 with a vision to 2030.
According to Vietnam's Decision 194/QD-TTg, the Prime Minister of Vietnam set goals for the mode of consumption of agricultural products in this period as follows:
General objective: To form and develop diversified business methods of consuming agricultural products in a sustainable chain with e-commerce application and traceability, suitable to natural conditions, qualifications, and characteristics of agricultural production and market requirements.
Detailed objectives:
To consolidate and develop the commercial and service cooperative model as a necessary intermediary between farmers and growers and production, processing, distribution, and banking enterprises to organize the supply of inputs and output consumption for farmers;
To develop a binding mechanism linking the main actors in the agricultural product consumption channel.
More details can be found in Vietnam's Decision 194/QD-TTg, effective from February 9, 2021.
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