Agricultural sector flexibly adapts to COVID-19 to grow further
The Ministry of Agriculture and Rural Development (MARD) will conduct agricultural restructuring in tandem with growth model reform and new-style rural area building under an action plan in 2022 recently approved.
Hanoi (VNA) – The Ministry of Agricultureand Rural Development (MARD) will conduct agricultural restructuring in tandem withgrowth model reform and new-style rural area building under an action plan in 2022 recently approved.
The action plan is to implement the Government’sResolution No. 01/NQ-CP on tasks and solutions to materialise thesocio-economic development plan and State budget estimate in 2022.
The goals set by the ministry in the plan are higher than the targets set bythe Government, with the sector’s GDP expected to grow about 2.8-3 percent and 73percent of communes to be recognised as new rural areas.
Besides, agro-forestry-fishery export revenue isprojected at over 50 billion USD, and 6,500 products will meet the “OneCommune-One Product” (OCOP) standards.
To fulfil the targets, the ministry will focus on safelyand flexibly adapting to and effectively controlling the COVID-19 pandemic to recover and develop the agricultural sector.
The ministry will promote modernity-oriented large-scale production and green and smart agriculture that is adaptive to climate change,boost agro-forestry-fishery export, speed up the disbursement of publicinvestments, and mobilise investment in the form of public-private partnership for infrastructure development.
Science-technology and innovations would be utilisedto raise productivity, quality and competitiveness of the sector, thus creatinga foundation for the development of digital agriculture.
The action plan also emphasised infrastructuredevelopment for agriculture and rural areas, especially irrigation facilities,fishing ports, shelters for vessels, along with projects on infrastructure forclimate change response, and warehouses at border gates.
Last year, the sector’s GDP expanded 2.9 percent, andrevenue from agro-forestry-fishery export was 48.6 billion USD.
Up to 68.2 percent of communes and 231 district-levellocalities have completed new-style rural area building./.
There is one month to go before year-end but 11-month agro-forestry-fishery exports have almost hit the annual target for 2021, reaching nearly 43.5 billion USD, an all-time high that far exceeds 2020.
Vietnam and Cambodia agreed to boost cooperation in the agro-forestry-fishery sector during a working session between the Vietnamese Ministry of Agriculture and Rural Development and the Cambodian Ministry of Agriculture, Forestry and Fisheries in Phnom Penh on December 21.
Vietnamese businesses had 320 codes of agricultural and food products licensed to be exported to China as of 11am on December 24, according to the Vietnam Sanitary and Phytosanitary Notification Authority and Enquiry Point (SPS Vietnam).
Despite difficulties due to weather, natural disasters and epidemics, agro-forestry-fishery exports set new record of 48.6 billion USD in 2021, according to the Ministry of Agriculture and Rural Development.
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.
Illustrative image (Source: VNA) 
