Vietnam aims to build regional agribusiness leaders by 2030

THE HANOI TIMES — Vietnam plans to develop a number of robust agricultural enterprises by 2030 that can become regional leaders and integrate into global value chains.

This goal is set out in a recent Politburo conclusion on the continued implementation of the Central Party Committee’s Resolution 19 on agriculture, farmers and rural development through 2030, with a vision extending to 2045.

The rapid advance of science and technology and the growing impact of climate change require agriculture, farmers including fishers and salt producers and rural areas to continue serving as a strategic pillar for macroeconomic stability and sustainable growth.

The Politburo calls for a shift toward large-scale commercial production and restructuring the sector toward green, organic and circular agriculture that protects ecosystems, lowers emissions and promotes high-tech applications and digital transformation.

Agriculture must ensure food security in all scenarios and support macroeconomic balance and inflation control.

The Politburo also asks ministries and agencies to complete the review and legal transformation of Party guidelines into laws and detailed regulations in 2026 with a focus on harmonizing the interests of the State, businesses and farmers.

Breakthrough policies will aim to mobilize investment from both citizens and businesses into green, ecological and circular agriculture and support economic organizations and residents in strategic, remote and border areas.

The government will prioritize investment and pilot special mechanisms for agricultural production models based on advanced technology, innovation, digital transformation and green development that can adapt to climate risks.

Crop and livestock structures will be adjusted to market demand and local advantages. A multi-value agricultural economy will be promoted to integrate processing, services, tourism and low-carbon activities. High quality rice-growing land with stable yields will be protected.

Partnerships among the six key actors farmers, the government, scientists, businesses, banks and the media will be strengthened to support research collaboration and technology transfer. The government will help agricultural enterprises grow in scale and capacity with the aim of forming several region-leading firms with strong national brands by 2030.

Farmers will be encouraged to join cooperatives, partnerships and professional associations so they can produce higher value goods under chain-based models.

A unified data system for land, water, forests, minerals, meteorology and biodiversity will be developed. The offshore fishing fleet will be expanded and offshore aquaculture technologies will continue to grow.

To achieve these goals, public investment in agriculture and rural development for the 2021 to 2030 period will increase at least two times compared to the previous decade.