PM approves agricultural restructuring plan in 2017-2020
Prime Minister Nguyen Xuan Phuc has approved a plan to restructure the agriculture sector in 2017-2020, which aims to make the best use of advantages in each region and locality.
The plan encourages the development of clean and organic agriculture (Photo VNA)
Hanoi(VNA) – Prime Minister Nguyen Xuan Phuc has approved a plan to restructure the agriculturesector in 2017-2020, which aims to make the best use of advantages in eachregion and locality.
The plan targets gross domestic product (GDP) growth of 3 percent peryear by 2020. Average labour productivity is expected to expand by 3.5 percentper annum and the proportion of labour in agriculture will fall to below 40percent. About 22 percent of agricultural workers will receive training.
Fifty percent of communes are hoped to become new rural areas while15,000 cooperatives and unions of agricultural cooperatives will operate. Theplan also targets most residents in rural areas having access to hygienicwater.
In cultivation, the country will shift to grow crops adaptive to climatechange and suitable with each region, develop concentrated and large-scaleproduction areas, adopt chain production for national key products, andencourage the development of clean and organic agriculture.
The plan also calls for more applications of science and technology inthe sector to create high-quality varieties, adopting intensive farming,reducing the use of pesticides, replacing ineffective rice cultivation land togrow other crops, and promoting aquatic breeding.
The country will also develop household livestock, organic andecological animal husbandry, and value production chains in addition tobuilding brands, reorganising the slaughtering system to ensure food safety andhygiene and environmental protection, inspecting and controlling diseaseseffectively, and tightening the examination of the use of veterinary drugs andadditives in the field. Thelivestock industry aims for annual production growth of 4.5-5 percent.
Meanwhile,the seafood sector will promote offshore fishing and invest in modernisingprocessing equipment and storage on board to reduce losses, with growth of4.5-5 percent per year expected.-VNA
The Prime Minister, Nguyen Tan Dung, has decided to form a steering committee to help the government guide the national agricultural restructuring period from 2015-2020.
Officials and economists see Vietnam's membership of the Trans-Pacific Partnership bringing more opportunities than challenges for the country's agriculture sector.
Agricultural restructuring should be in line with the Mekong Delta region’s planning, Deputy Prime Minister Vuong Dinh Hue said at a conference on agricultural restructuring, land, irrigation.
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.
The plan encourages the development of clean and organic agriculture (Photo VNA) 
