Vietnam: Application of e-commerce to consumption of agricultural products in 2021-2025 period

Vietnam: Application of e-commerce to consumption of agricultural products in 2021-2025 period
Lê Hải

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 reorganize agricultural production on a large scale in accordance with planning and market requirements, on the basis of scientific and technological application and agricultural product traceability; associated with it are domestic and foreign trade organizations oriented toward modernity.
  • 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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