Shrimp, coffee, ginseng added to national products list
Prime Minister Nguyen Xuan Phuc recently signed a decision to add three more products - brackish water shrimp, high-quality coffee and ginseng - to the list of national products.
A farmer in the southern province of Bac Lieu harvest shrimp. (Photo: nhandan.com.vn)
Hanoi (VNA) - Prime Minister Nguyen Xuan Phuc recently signed adecision to add three more products - brackish water shrimp, high-qualitycoffee and ginseng - to the list of national products.
Now, these three products will receive support under the National ProductDevelopment Programme by 2020. Brackish water shrimp includes tiger prawn andwhite-leg shrimp.
The PM has asked the concerned ministries to join hands with local authoritiesand propose incentive policies for each of these products.
Vietnam aims to earn 10 billion USD from shrimp exports by 2025 and 5-6 billionUSD by 2030 from coffee exports.
Recently, the Government approved a national project worth 9 trillion VND (395million USD) to develop farming and brand for Ngoc Linh ginseng by 2030.
Approved in 2010, the goal of the National Product Development Programme by 2020is to develop specific products under the Made-in-Vietnam brand that have highcompetitiveness and will benefit the country, and to promote technologyupgradation for their production.
In 2012, the PM had approved a list of national products, which included sixofficial products and three reserve products. Products on this list getincentives in term of credit, taxes, land use, trade promotion and marketexpansion.-VNA
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