(VOVworld)-Vietnam is seeking advanced technologies and more international capital for agricultural and rural development to cope with challenges posed by international integration and climate change.
Comprehensive financial inclusion in supporting sustainable agricultural and rural development was a key topic of the recent APEC Finance and Central Bank Deputies’ Meeting in Nha Trang city. Nguyen Thi Hong, Deputy Governor of the State Bank of Vietnam told the gathering, held as part of the first APEC Senior Officials’ Meeting from February 18 to March 3, that sustainable agricultural and rural development is a major issue of concern not only for Vietnam but also for many other APEC members.
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| Photo: VNA |
“This is why Vietnam proposed that comprehensive financial inclusion for agriculture and rural areas be the theme of the session. The Vietnamese government has asked the State Bank to coordinate Vietnam’s financial inclusion program”, Ms. Hong added.
APEC delegates recommended enhancing technological application in agriculture to reduce costs and improve product and service quality, increasing access to information and financial knowledge for farmers, and protecting consumers. Other measures include developing legal frameworks to promote credits for agriculture and rural areas.