Agricultural sector targets attracting 25 billion USD in FDI by 2030
The agricultural sector targets attracting 25 billion USD in foreign direct investment (FDI) by 2030, along with 5 billion USD in loans and 1 billion USD in grants.
Hanoi (VNA)꧑ – The agricultural sector targets attracting 25 billion USD in foreign direct investment (FDI) by 2030, along with 5 billion USD in loans and 1 billion USD in grants.
By the end of 2022, the Ministry of Agriculture andRural Development approved projects with a total investment of 840 million USD.
The ministry is cooperating with enterprises to propose14 projects with a total capital of 3.2 billion USD.
💮 In 2023, the sector will focus on greenand circular agriculture.
To improve international cooperation and integration in the coming time, the ministry asked agencies to continue toincrease the quality of institutional work, especially thoserelating to foreign trade to ensure Vietnamese laws and regulations' compliance with its international commitments and practices.
Under the country’s international agricultural cooperation strategy, the sector aims to raise the export turnover of agro-forestry-fisheries products to 70 billion USD by 2030.
Free trade agreements with tax incentives help Vietnamese agriculture exporters have a competitive advantage in prices in the global market.(Photo: nongnghiep.vn)
Vietnam has joined 15 free trade agreements (FTAs) and continues to negotiate new deals with Israel and Canada.
ꦫ It has signed FTAs with all of its key agro-forestry-fishery export markets, which helps Vietnamese exporters have a competitive advantage in prices in the global market thanks to tax incentives.
In addition, the ministry will continuestrengthening activities in market forecasting, policies, and solutions inrelations with international partners. It will also further coordinate with agriculturalassociations and industries to nominate candidates to join trade associations inVietnam’s major import markets./.
Vietnam is paying attention to mobilising resources to invest in developing green agriculture with an aim to raising the market share of its agricultural exports to the European Union.
The European Commission (EC) has acknowledged Vietnam's recent efforts in enhancing the fight against illegal, unreported and unregulated (IUU) fishing, as well as its openness to the EC's recommendations, the Ministry of Agriculture and Rural Development said on February 3.
Minister of Agriculture and Rural Development Le Minh Hoan has suggested the south-central coastal region combine agriculture with tourism development.
Vietnam’s rice exports are predicted to reach just 6 million tonnes this year, lower than last year's figure due to limited supply and inventories, said businesses.
Orders for fruits and vegetables have outnumbered those for other agricultural products so far this year, signalling a bright outlook in the time to come.
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.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.