Businesses’ investment plays vital role in sustainable agriculture development: Insiders
Attracting businesses and investors to pour capital into sustainable agricultural value chains is seen as a key solution to pave the way for, and create breakthroughs in the sector’s development amid intensive integration and the volatile global economy, according to insiders.
Hanoi (VNA) – Attracting businesses andinvestors to pour capital into sustainable agricultural value chains is seen as a key solution to pave the way for, and create breakthroughs in the sector’sdevelopment amid intensive integration and the volatile globaleconomy, according to insiders.
Agriculture is considered as a highlight in Vietnam’s economic panorama in 2023.The sector set to earn 54 billion USD in export turnover in 2023.
In recent year, big enterprises’ investmentsin agriculture have proven effective, helping Vietnamese farm produce be successfulin conquering the international market.
Outstanding businesses like Loc Troi Group,Vinamilk, TH Group, Trung An, Folra, Vina T&T, Vinh Hoan, and Minh Phu haveexported their agricultural products to many demanding markets.
Experts attributed these results to the guidingrole of businesses in creating high-value agricultural products.
They, however, noted agriculture still faceschallenges and risks that may make investors and businesses reluctant to enter thesector, adding that it remains less attractive compared to other industries.
According to Minister of Agriculture and Rural Development Le Minh Hoan, thenewly-registered foreign investment capital in agriculture surgedto 12.5 million USD per project in 2017, but decreased to 4.2 million USD perproject in 2021.
According to a resolution issued by the 13th-tenure Party Central Committee on the development of agriculture, farmers and rural areas till 2030 with a vision to 2045, Vietnam will accelerate the application of science andtechnology to further promote agriculture development, focusing on improvingthe quality and added value of agricultural products.
The Government has also issued many policies and speed upadministration reform to attract and facilitate businesses’ investment in developingsustainable and safe agriculture models.
The Ministry of Planning and Investment has submitted a draftdecree on support for agricultural projects to the government,which is expected to lure more investment to the sector./.
The Vietnamese Ministry of Agriculture and Rural Development and the Dutch Embassy in Vietnam held a webinar on sustainable agriculture transformation in the Mekong Delta on September 6.
The development of science, technology and innovation is key to laying the foundation for sustainable agriculture and adapting to climate change, Deputy Minister of Agriculture and Rural Development Phung Duc Tien said on November 28.
Promoting public-private partnerships will help improve sustainability in the agricultural sector, according to experts speaking at an event in Hanoi on December 5.
The application of science and technology in agriculture production and sales has helped create positive impacts for the industry, contributing to prompting sustainable agriculture development and improving the life for farmers.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Illustrative image (Photo: baodautu.vn) 
