Prof. Vo Tong Xuan, the well-known agriculture scientist in Vietnam, said that the weaknesses of nation agricu...
Prof. Vo Tong Xuan, the well-known agriculture scientist in Vietnam, said that the weaknesses of nation agriculture does not just depend on policy but also the farmer are farming spontaneously.
The short-time benefits make farmer to rush and go after the farming without production and consumption planning. Some enterprises often adjust and apply the supporting policy in time with the sustainable, long-time commitment for farmer. However, every time in the harvest season, these enterprises struggle to hold cane from small mongers or the factories buying with the best price due to the giving up commitment from these farmers.
Cuu Long river delta is the gathering area of many mongers. The factories do not give an initial fund for farmers so that the market price is not controlled easily. Thereby, the unavoidable situation, some seasons the farmer have a bumper crop but the price is low because of supply is higher than the demand, and in some seasons, the opposite situation happened.
The sugar factories of TTC Group apply strategist investment and handle the output for the farmers. They give an initial funds and handle the outputs of product for farmers so that the cane price is stable and the fluctuation is lower than the Cuu Long river delta area.
Source: Vnexpress