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Businesses build agricultural value through data management | Vietnam Today
Businesses build agricultural value through data management | Vietnam Today
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0:00
Agriculture stays one of Vietnam's key
0:02
export sectors with export value
0:04
reaching nearly 36 billion US dollars in
0:06
the first half of 2026. But around 25%
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of the country's total food production
0:11
is lost or wasted each year according to
0:14
the World Bank.
0:15
>> Right. And that is exactly why
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Vietnamese businesses are adopting
0:20
datadriven management to optimize
0:21
production, reduce losses, improve
0:24
efficiency, traceability, and export
0:26
competitiveness.
0:31
By making every stage of production
0:33
verifiable, companies can strengthen
0:35
brand credibility, meet the requirements
0:38
of higher value markets, and expand
0:40
their market reach.
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This product contains dual layer
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validation. The first one verifies the
0:50
origin while the second one detects if
0:53
the product is genuine by capturing data
0:56
across the entire cycle from cultivation
0:59
and processing to the final point of
1:01
sale. This system has increased product
1:04
value by five to seven times.
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They can demonstrate how many growing
1:12
areas they have. They can also show
1:14
through their electronic production
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records which biological products,
1:19
fertilizers and cultivation practices
1:21
were used to create the distinctive
1:23
quality of Vietnamese agriculture
1:25
products. These transparency helps build
1:28
trust with international partners and
1:30
supports the sustainable growth of their
1:32
businesses.
1:36
Yet data creates value long before
1:39
product reaches consumers. By helping
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businesses make better decisions
1:43
throughout production, it reduces
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losses, increases yields, and lowers
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operating costs.
1:50
Without our data system there, uh you
1:53
must manage um an expert, an a proposure
1:56
expert and a bunch of workers. Now the
2:00
the communication time is cut off. So we
2:04
only need one worker. The expert now can
2:07
monitor many farms.
2:09
>> But creating value at scale will require
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more than individual efforts.
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Therefore, common data standards and
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clear regulations are needed to connect
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data across the agricultural value
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chain.
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The government or the ministry of
2:27
agriculture and environment should
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introduce policies and standardize data
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templates for agricultural production.
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Vietnam will be able to build a unified
2:35
agricultural data system.
2:39
>> The launch of the national agricultural
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traceability system on July the 1st
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marks another step in that strategy.
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shifting agricultural management from
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paperbased records to shared digital
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data to strengthen the value and
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competitiveness of Vietnamese
2:55
agricultural products.
