VN speeds up low-emission rice cultivation, mobilizes VND20 trillion
Vietnam has gained the first harvests for the 1 million hectare high-quality low-emission cultivation pilot project and is entering the acceleration period. It is necessary to mobilize VND20 trillion more for the period.
According to the Ministry of Agriculture of Rural Development (MARD), when applying the sustainable cultivation method under the project, Vietnamese farmers can reduce the rice production cost by 20 percent, thus increasing income (added value in rice chain is 30 percent, while the profitability rate for rice farmers is over 40 percent). Also, the new cultivation method has helped reduce 5-6 tons of CO2 equivalent per hectare.
After considering the initial results, MARD and local authorities agreed to expand the rice sustainable low-emission cultivation area to all 12 cities or provinces in the Mekong Delta. The application will be implemented in the 2024 autumn-winter and 2024-2025 winter-spring crops. Under the project, Vietnam will focus on developing 200,000 hectares of high-quality low-emission rice by 2025. In 2026-2030, the cultivation area will increase by 800,000 hectares in the 12 cities/provinces.
Tam An