One Commune One Product program ratified
14:29 | 08/05/2018

VGP – Authorized by the PM, Deputy PM Vuong Dinh Hue, head of the Steering Committee for National Target Program on New Rural Establishment has signed Decision No. 490/QĐ-TTg approving the One Commune One Product (OCOP) program in the 2018-2020 phase. 

Illustration photo

Accordingly, the OCOP program looks to develop the rural economy by promoting internal development and added value. It is considered as one of the measures and tasks of the national target program on new rural establishment. 

The program focuses on promoting advantaged agricultural, non-agricultural and service products at each locality, which will be realized by private economic sectors including businesses and production households and collective economy. 

Commodities defined in the Decision consists of fresh and processed agricultural products, beverage (alcohol and non-alcohol drinks), herbal (products containing medicinal plants; fabrics and apparel, cotton; souvenir- furniture-decoration, products from wood, fiber, rattan, metal, ceramics and textiles). 

The program is aimed at developing all economic sectors that produce and manufacture (giving priority to co-operatives, small and medium-sized enterprises) of traditional products, services meeting international standards, contributing to modernization and industrialization of rural areas, protecting the environment and preserving Viet Nam’s rural values. 

By 2020, the program will standardize at least 50% of existing products (equal to 2,400 products), build from eight to 10 tourist and cultural village models, consolidate 100% of businesses and co-operatives joining the OCOP program and strive to create 500 new small and medium-sized enterprises and co-operatives participating in the OCOP program. 

The total expenditure for the program is estimated at VND45,000 billion, mainly from socialization resources including capital from businesses, co-operatives, loans from credit organizations, investment funds and international aids. 

The nation now has 4,700 advantageous agricultural products in five groups including food (2,500 ones), beverage (1,000 ones), herbal (230 ones) and rural tourism  (600 ones) registering for OCOP standards. 

By Thuy Dung

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