Agricultural businesses set to increase by 10 percent each year
The agricultural sector is striving to increase the number of businesses operating in the sector by 10 percent annually during the 2017-2020 period, with 20-30 percent of them showing innovation.
Farmers are taking care of flowers. Vietnam aims to raise the number of agricultural enterprises by 10 percent annually betwen 2017 and 2020. (Source: VNA)
Hanoi (VNA) – The agricultural sector is striving to increase the number of businesses operating in the sector by 10 percent annually during the 2017-2020 period, with 20-30 percent of them showing innovation and creativity.
To realise the target, the Ministry of Agriculture and Rural Development (MARD) has issued an action plan for the implementation of the Government’s Resolution 19-2016/NQ-CP on missions and measures to improve the business environment and national competiveness for 2016-2017 with a vision to 2020 and Resolution 35/NQ-CP, which aims to assist enterprises until 2020.
Under the action plan, the MARD will improve the agricultural business environment while developing mechanisms and policies on assisting, attracting investment and improving competiveness for agricultural businesses.
Solutions include the restructuring of the agricultural sector in terms of production planning and State-owned enterprises as well as drawing social engagement in providing public services.
The ministry will assist enterprises in accessing resources and markets, and protect the domestic market from the adverse impacts of the integration process.
It will also implement policies encouraging small- and medium-sized enterprises to form production and business links while maintaining dialogues with businesses to promptly address their difficulties.
🧸 Administrative reform will be stepped up in all fields, alongside the strengthening of inspection activities and the implementation of anti-corruption measures.-VNA
The Mekong Delta’s rice area in the autumn-winter crop this year needs to be expanded to make up for losses in the recent crops triggered by drought and saltwater intrusion, agriculture officials said
Minister of Agriculture and Rural Development Cao Duc Phat has urged scientists to make more contributions to promoting scientific and technological application in building new - style rural areas.
The Ministry of Agriculture and Rural Development has honoured the Head of Vietnam Office of the UN Industrial Development Organisation ( UNIDO ), Patrick J. Gilabert, for his contributions.
The market recognised a huge demand among Vietnamese customers for food of clear original, and enterprises were quick to jump in the high-potential agriculture sector.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Farmers are taking care of flowers. Vietnam aims to raise the number of agricultural enterprises by 10 percent annually betwen 2017 and 2020. (Source: VNA)
