Indonesia strives to achieve food independence within 3 years: minister

By Vietnam News Agency
Mon, July 29, 2024 | 7:42 pm GMT+7

Indonesia will be able to realize food independence in less than three years, said its Agriculture Minister Andi Amran Sulaiman on Sunday when he attended the National Food Agency's (Bapanas) Nusantara Food Festival.

Farmers harvest rice in Tambak Baya village, Lebak, Banten, March 2024. Photo courtesy of antaranews.com.

Farmers harvest rice in Tambak Baya village, Lebak, Banten, March 2024. Photo courtesy of antaranews.com.

The Government of Indonesia is implemeting measures to develop agriculture and increase food production capacity.

According to Sulaiman, Indonesia is also striving to boost national productivity through the allocation of 9.5 million tonnes of subsidized fertilisers.

The government is also distributing seeds, agricultural machines and tools, and the installation of pumps to irrigate the rice fields by channeling water from rivers that never dry up.

Sulaiman said that the pumping programme includes the use of 20,559 units of pumps daily, which have helped irrigate around 582,528 ha of rice fields in West Java, Central Java, East Java, and other regions outside Java Island.

The Statistics Indonesia (BPS) and the Bapanas projected that Indonesia will have a surplus of 700,000 tonnes in the next two months.

It is expected that domestic food production can replace dependence on imports.

Sulaiman affirmed that not only the Agriculture Ministry, but the State Logistics Agency (Bulog), Bapanas and agencies are coordinating to ensure domestic food supply.

Comments (0)
  • Read More
Prime Minister disciplines Deputy Finance Minister Vo Thanh Hung, two former deputy ministers

Prime Minister disciplines Deputy Finance Minister Vo Thanh Hung, two former deputy ministers

Prime Minister Pham Minh Chinh on Wednesday reprimanded Deputy Minister of Finance Vo Thanh Hung and issued warnings to former deputy finance ministers Huynh Quang Hai and Do Hoang Anh Tuan.

Politics - Wed, September 18, 2024 | 11:50 pm GMT+7

Pre-funding requirement removed for foreign investors on Vietnam stock market from Nov

Pre-funding requirement removed for foreign investors on Vietnam stock market from Nov

Foreign investors will no longer be required to make 100% pre-funding before purchasing Vietnamese stocks starting from November 2, a move that marks a significant milestone in the country's efforts to have its market status upgraded.

Finance - Wed, September 18, 2024 | 10:53 pm GMT+7

Asia Commercial Bank reports 5 new shareholders holding at least 1% stake

Asia Commercial Bank reports 5 new shareholders holding at least 1% stake

Vietnam’s private lender Asia Commercial Bank (ACB) has announced an updated list of shareholders owning 1% or more of its charter capital, with five additional names.

Banking - Wed, September 18, 2024 | 9:43 pm GMT+7

Thailand continues core policies to develop digital economy

Thailand continues core policies to develop digital economy

Thailand’s Digital Economy and Society (DES) Ministry will continue its eight core policies with a focus on curbing online fraud and creating a sustainable digital economy.

Southeast Asia - Wed, September 18, 2024 | 8:53 pm GMT+7

Malaysia freezes almost 100 bank accounts in child abuse case

Malaysia freezes almost 100 bank accounts in child abuse case

Malaysian authorities have frozen close to 100 bank accounts belonging to a charity group accused of running care homes where hundreds of children were allegedly abused.

Southeast Asia - Wed, September 18, 2024 | 8:34 pm GMT+7

Indonesia aims to optimize geothermal potential

Indonesia aims to optimize geothermal potential

Indonesian President Joko Widodo has said that the country should strive to optimize its geothermal resources which can generate about 24,000 megawatts of electricity.

Southeast Asia - Wed, September 18, 2024 | 8:34 pm GMT+7

Expand work permit validity, apply law consistently to maintain foreign investment success: VBF exec

Expand work permit validity, apply law consistently to maintain foreign investment success: VBF exec

Expanding the geographical validity of work permits and ensuring consistent application of the law across provinces are essential for Vietnam’s continued success as a global investment destination, says Colin Blackwell, head of the human resources sub-group at Vietnam Business Forum (VBF).

Economy - Wed, September 18, 2024 | 5:10 pm GMT+7

Thailand’s Krungsri, VietinBank to help Thai firms enter Vietnam

Thailand’s Krungsri, VietinBank to help Thai firms enter Vietnam

Thailand's leading bank Krungsri and VietinBank, a “Big-four” bank in Vietnam, will collaborate to help Thai companies expand their business to Vietnam.

Banking - Wed, September 18, 2024 | 4:54 pm GMT+7

‘Investors’ golden heart’ charity golf tournament to tee off on October 5

‘Investors’ golden heart’ charity golf tournament to tee off on October 5

About 150 golfers are expected to participate in the third edition of the “Investors' golden heart” tournament jointly organized by The Investor and carmaker Hyundai TC Motor on October 5.

Society - Wed, September 18, 2024 | 4:10 pm GMT+7

Bamboo Airways CEO faces temporary exit ban as carrier fails to fulfil tax obligations

Bamboo Airways CEO faces temporary exit ban as carrier fails to fulfil tax obligations

Luong Hoai Nam, CEO and legal representative of Bamboo Airways, has been temporarily banned from exiting the country as the private carrier failed to fulfil tax obligations, according to Binh Dinh province's Tax Department.

Companies - Wed, September 18, 2024 | 3:36 pm GMT+7

Singaporean businesses evince investment interest in Binh Dinh province: official

Singaporean businesses evince investment interest in Binh Dinh province: official

There has been a trend of Singaporean companies visiting and exploring investment opportunities in Binh Dinh recently, Chairman of the south-central Vietnam province Pham Anh Tuan said Tuesday.

Investing - Wed, September 18, 2024 | 2:57 pm GMT+7

$5.4 bln southern Vietnam petrochemicals complex to begin commercial operations next month

$5.4 bln southern Vietnam petrochemicals complex to begin commercial operations next month

Thailand’s Siam Cement Group (SCG) says “whole complex restart and test runs” are being conducted at the $5.4 billion Long Son Petrochemicals Complex (LSP) in Ba Ria-Vung Tau province towards beginning commercial operations next month.

Industries - Wed, September 18, 2024 | 1:52 pm GMT+7

Northern Vietnam province Nam Dinh seeks automotive, mechanical industry cooperation with Germany

Northern Vietnam province Nam Dinh seeks automotive, mechanical industry cooperation with Germany

Nam Dinh authorities have presented the northern province’s potentials and expressed their desire to collaborate with Germany in developing automotive and mechanical industries at a working session with the Berlin-Brandenburg Automotive Association (aBB).

Industries - Wed, September 18, 2024 | 1:43 pm GMT+7

Vinamilk, Masan, Heineken top 'reputable' food-beverage firms in Vietnam: report

Vinamilk, Masan, Heineken top 'reputable' food-beverage firms in Vietnam: report

Dairy giant Vinamilk, consumer goods corporation Masan and beer maker Heineken are among the most "reputable" food and beverage firms in Vietnam in 2024, according to research firm Vietnam Report JSC.

Companies - Wed, September 18, 2024 | 12:07 pm GMT+7

ASEAN discusses strategies to boost supply chain connectivity

ASEAN discusses strategies to boost supply chain connectivity

A high-level forum on ASEAN Supply Chain Connectivity: "Key Issues and Challenges" was held in Vientiane, Laos on Mondat, with participants discussing the critical need to enhance integration amid evolving global challenges.

Southeast Asia - Wed, September 18, 2024 | 10:53 am GMT+7

Fitch affirms ratings of EVN units at BB+ with stable outlook, expects retail tariff up 2% yearly

Fitch affirms ratings of EVN units at BB+ with stable outlook, expects retail tariff up 2% yearly

Fitch Ratings on Tuesday affirmed the long-term foreign-currency issuer default rating (IDR) of five power distribution units under state utility Vietnam Electricity (EVN) at “BB+” with a stable outlook.

Companies - Wed, September 18, 2024 | 10:40 am GMT+7