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Businesses build agricultural value through data management | Vietnam Today - Video học tiếng Anh

Businesses build agricultural value through data management | Vietnam Today

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0:00Agriculture stays one of Vietnam's key

0:02export sectors with export value

0:04reaching nearly 36 billion US dollars in

0:06the first half of 2026. But around 25%

0:09of the country's total food production

0:11is lost or wasted each year according to

0:14the World Bank.

0:15>> Right. And that is exactly why

0:18Vietnamese businesses are adopting

0:20datadriven management to optimize

0:21production, reduce losses, improve

0:24efficiency, traceability, and export

0:26competitiveness.

0:31By making every stage of production

0:33verifiable, companies can strengthen

0:35brand credibility, meet the requirements

0:38of higher value markets, and expand

0:40their market reach.

0:45This product contains dual layer

0:48validation. The first one verifies the

0:50origin while the second one detects if

0:53the product is genuine by capturing data

0:56across the entire cycle from cultivation

0:59and processing to the final point of

1:01sale. This system has increased product

1:04value by five to seven times.

1:10They can demonstrate how many growing

1:12areas they have. They can also show

1:14through their electronic production

1:16records which biological products,

1:19fertilizers and cultivation practices

1:21were used to create the distinctive

1:23quality of Vietnamese agriculture

1:25products. These transparency helps build

1:28trust with international partners and

1:30supports the sustainable growth of their

1:32businesses.

1:36Yet data creates value long before

1:39product reaches consumers. By helping

1:41businesses make better decisions

1:43throughout production, it reduces

1:45losses, increases yields, and lowers

1:48operating costs.

1:50Without our data system there, uh you

1:53must manage um an expert, an a proposure

1:56expert and a bunch of workers. Now the

2:00the communication time is cut off. So we

2:04only need one worker. The expert now can

2:07monitor many farms.

2:09>> But creating value at scale will require

2:12more than individual efforts.

2:15Therefore, common data standards and

2:17clear regulations are needed to connect

2:20data across the agricultural value

2:22chain.

2:25The government or the ministry of

2:27agriculture and environment should

2:29introduce policies and standardize data

2:31templates for agricultural production.

2:33Vietnam will be able to build a unified

2:35agricultural data system.

2:39>> The launch of the national agricultural

2:41traceability system on July the 1st

2:44marks another step in that strategy.

2:46shifting agricultural management from

2:48paperbased records to shared digital

2:51data to strengthen the value and

2:53competitiveness of Vietnamese

2:55agricultural products.