(Chinhphu.vn) – Today (May 8), the Vietnam General Association of Agriculture and Rural Development organized the Business Forum accompanying farmers and sustainable development in 2025 with the theme “Developing agriculture in a green, sustainable direction and actions of 5 parties: State, Bank, Business, Scientist and Farmer”.
The high-tech marine farming model in Quang Ninh is a typical example of the combination of “5 houses” for sustainable green development – Photo: VGP/Do Huong
Mr. Ho Xuan Hung, Chairman of the Vietnam General Association of Agriculture and Rural Development, emphasized the core role of the agricultural sector in the national economy, as a solid pillar in the country’s difficult times. However, the sector is facing many major challenges such as climate change, land and water resource depletion, along with increasing demands for agricultural product quality and fierce competition in the international market.
In this context, developing green and sustainable agriculture is not only an inevitable trend but also an urgent requirement to ensure farmers’ livelihoods, protect the environment and maintain resources for future generations. The forum is organized based on important strategic directions such as Resolution 19-NQ/TW (dated June 16, 2022) on Agriculture, Farmers, and Rural Areas to 2030, vision 2045; Resolution 57-NQ/TW (dated December 22, 2024) on science, technology and digital transformation; and Decision 150/QD-TTg (dated January 28, 2022) on the Strategy for Sustainable Agricultural and Rural Development to 2050.
The companionship of “5 houses”
The forum focuses on connecting and promoting cooperation between five key actors, including the State, Banks, Businesses, Scientists and Farmers. Each “player” plays an indispensable role in the journey to build a green agriculture.
Dr. Phung Ha, Chairman of the Vietnam Fertilizer Association, pointed out that agriculture is both an industry affected by climate change and the second largest source of greenhouse gas emissions after energy. Data shows that without fertilizers, global agricultural output could be reduced by 50%, but about 2.5%-10% of total greenhouse gas emissions are related to fertilizers, depending on the country.
To address this problem, some fertilizer companies have adopted “greener” production methods, such as using renewable energy for the Haber-Bosch process or researching alternative ammonia synthesis. In Vietnam, enterprises such as PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo) and PetroVietnam Ca Mau Fertilizer Company (PVCFC) have recovered 40,000 tons of CO2 per year from emissions, demonstrating efforts to reduce emissions in production.
In addition, Dr. Phung Ha emphasized the role of using fertilizers appropriately according to the “4 Right” initiative (right type, right ratio, right time, right way) and developing high-efficiency fertilizers (EEF) such as slow-release nitrogen fertilizers, stable nitrogen fertilizers, or ultra-deep fertilizers (UDP) to reduce nitrogen loss and N2O gas. He also proposed researching new generation fertilizers that both meet the needs of green agricultural production and increase productivity, agricultural product quality and protect the environment.
Mr. Dao Duy Nam, Deputy Director of the Northern Region of Nam A Bank, affirmed that the support of financial institutions is a vital factor in developing a green agricultural ecosystem. Nam A Bank has identified three strategic directions: developing comprehensive finance and green credit, digital transformation for farmers, and creating value chains. Specifically, the bank has implemented preferential interest rate credit packages for high-quality rice cultivation models in the Mekong Delta, while bringing financial products to digital platforms, from payment accounts to loans and insurance. Furthermore, Nam A Bank is promoting value chains in the aquaculture, rubber, and tea industries, and prioritizing green credit and financing energy transition in agriculture, in line with the ESG (environment, society, and corporate governance) orientation.
Dr. Mai Quang Vinh, Director of the Green Technology Institute and Director of the Center for Development and Integration (CDI), emphasized the role of science, technology, and institutions in green transformation and digitalization of the agriculture and forestry sector. He proposed that the General Association of Agriculture should raise awareness and practice green transformation for cooperatives, and at the same time request ministries and branches to establish sanctions to promote technology application, achieve Net Zero standards, certify carbon credits, and attach Vietnam eco-labels. The application of digital technology to production management, traceability, and market connection is a key factor, especially in the context of Vietnam’s commitment to Net Zero at COP26 and international integration from 2028.
The forum is not only a place for networking but also an opportunity to propose practical solutions. The State needs to improve support policies, Banks provide preferential capital and financial technology, Enterprises invest in technology and markets, Scientists research high-tech solutions, and Farmers apply new knowledge. This synchronization will help Vietnamese agriculture adapt to climate change, improve the quality of agricultural products and compete in the international market. Cooperatives are encouraged to improve their management capacity, access technology, and expand markets, thereby promoting sustainable production.