Vietnam enjoyed the largest trade surplus ever, about US$4 billion, in the first four months of this year, 3.2 times higher than the previous year, according to the Ministry of Agriculture and Rural Development (MARD).
Technology utilization and market development are the keys to development of Vietnam’s agriculture.
Vietnamese corporations have made great strides in the agricultural sector. Many deals have been successful and there are also ongoing deals that promise to create new "empires" in the region.
Growing tomatoes via smartphones and sitting on the top of mountain selling vegetables to the US from a distance are what some Vietnamese farmers are doing today.
Minister of Agriculture and Rural Development Nguyen Xuan Cuong talks about measures to promote modern agricultural development.
The Party and State define agriculture, farmers and rural areas as a significant part of the national industrialisation, modernisation, Prime Minister Nguyen Xuan Phuc has stated.
Though Vietnam’s agricultural sector will receive attention from the forthcoming EU-Vietnam Free Trade Agreement, it needs to overcome some challenges to enjoy optimum preferential treatment.
A number of high-tech agricultural projects have been proposed in Hanoi, a trend encouraged by the recent Hanoi investment promotion conference.
The EU-Vietnam Free Trade Agreement (EVFTA) will not only help to raise export turnover but also increase the competitiveness of Vietnamese fruit and vegetables and fisheries products in the European market.
Vietnam will strive to be among the world’s top 15 most developed countries in agriculture by 2030 with agricultural processing to rank in the world’s top 10.
Foreign-invested projects in agriculture, forestry, and fisheries, and in rural development have been fairly diversified, focusing on fields such as planting, animal husbandry, seafood, forestry processing items, forestation and paper production
Minister of Agriculture and Rural Development Nguyen Xuan Cuong wants countrywide improvements in developing plans to respond to natural disasters.
Vietnamese agricultural enterprises are promoting the application of high technologies in production and processing to contribute to restructuring the agricultural sector.
More farmers in the Mekong Delta have restructured their crop cultivation to adapt to the effects of climate change.
Tran Ba Duong, a member of top 10 stock billionaire, president of Thaco, an automobile manufacturer, has joined hands with the ‘King of Catfish’ Duong Ngoc Minh, president of Hung Vuong Group (HVG).
Vietnam is pursuing an ambitious plan to become a global agricultural powerhouse by 2030, according to Government Resolution 53/NQ-CP.