Rural Community Corp supports Vietnamese agricultural innovation, building 'K-tech value chain'
Translated from Korean, summarized and contextualized by DistantNews.
At a glance
- The Korea Rural Community Corporation (KRC) is launching a project to innovate Vietnam's oilseed industry, focusing on sesame.
- The initiative, involving a 6.7 billion won investment by 2027, aims to establish a "K-tech value chain" from seed to distribution.
- This collaboration seeks to improve local farmers' income, enhance the quality of Vietnamese sesame, and strengthen South Korea's agricultural technology presence in Southeast Asia.
Dong-A Ilbo is pleased to report on a significant international collaboration aimed at bolstering Vietnam's agricultural sector through the infusion of Korean technology and expertise. The Korea Rural Community Corporation (KRC) has initiated a project to revolutionize the oilseed industry, with a particular focus on enhancing the value chain for sesame production in Vietnam.
This ambitious project, set to receive an investment of 6.7 billion won by 2027, targets key sesame-growing regions in Vietnam, namely Nghe An and Dong Thap provinces. While these areas are strategically cultivating sesame, they have faced limitations due to outdated facilities and suboptimal farming techniques. KRC's intervention aims to address these challenges by establishing a comprehensive "K-tech value chain."
The core of this initiative lies in creating a one-stop system that covers everything from seed distribution to drying, processing, and final distribution. The establishment of modern Agricultural Products Processing Centers (APCs) and the transfer of advanced Korean processing techniques are expected to significantly elevate the marketability and value of Vietnamese agricultural products. Furthermore, the project includes dispatching field experts and providing training to local farmers, ensuring the sustainable integration of Korean agricultural know-how.
This partnership is poised to yield substantial benefits, not only by increasing the income of local Vietnamese farmers but also by strengthening the agricultural economic ties between South Korea and Vietnam. As Vietnam's sesame industry undergoes this transformation, it will undoubtedly enhance the competitiveness of Korean agricultural technology within the broader Southeast Asian market, fostering mutual growth and a more stable food supply chain.
Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.