Log in
Business

Vietnam targets to stay among the world’s top 10 farm produce processing hubs

The Government would push for greater mechanization in agricultural production.

Vietnam targets to develop a modern and sustainable farm produce processing system, meeting growing demands from the local and foreign markets, effectively making the country one of the world’s top 10 agricultural processing hubs by 2030.

 Harvesting rice crops at Ung Hoa District, Hanoi. File photo

The goal was stated in the Government’s decision No.858 signed off by Deputy Prime Minister Le Van Thanh on the country’s strategy for agricultural mechanization and development of agro-forestry-fishery processing until 2030.

Under the plan, Vietnam's mechanization rate in the farm-based plantation would be over 70% by 2030; 60% in animal husbandry; and 95% in aquaculture.

Furthermore, the growth rate of value-added creation in the agricultural processing industry would reach an average of 8% per year by 2025 and 10% by 2030; more than 70% of major agricultural processing centers adopt medium to high-level technologies, and 60% of Vietnam's agricultural export staples are processed products.

The Government eyes the establishment of major agricultural corporations with financial capabilities and corporate governance comparable to the international level; farm production industrial clusters are linked with mass concentrated supply zones and distribution networks.

Promoting agricultural land consolidation

To ensure the realization of the strategy, the Government would continue to refine regulations on land management, including favorable policies for land parceling and cooperation mechanisms among provinces/cities and Government agencies in mass agricultural production.

It is also expected that technological advancements will be adopted in the farm production process, along with incentives to help train a high-quality workforce to aid the mechanization of the farming industry.

The banking sector is responsible for providing preferential loans for agricultural development, especially for projects of forming large-scale farm produce processing, storing, and distributing centers.

The Ministry of Agricultural and Rural Development would restructure concentrated agricultural production zones into three groups of leading commodities, including national-, provincial, and city-level key products, based on the advantages of each region.

The Ministry is tasked with promoting conditions for mechanization application and development of farm produce processing; strengthening cooperation and linkage in agricultural production and distribution, with businesses being key in the value chains.

Reactions:
Share:
Trending
Most Viewed
Related news
Vietnam to tighten biometric authentication for new bank cards next year

Vietnam to tighten biometric authentication for new bank cards next year

Bank card issuers must conduct a face-to-face meeting and match the biometric data of individual customers or the legal representative of organizational customers with their identity documents.

Make in Vietnam forum spotlights breakthroughs shaping digital future in the country

Make in Vietnam forum spotlights breakthroughs shaping digital future in the country

Vietnam will host the seventh National Forum on Vietnamese Digital Technology Enterprises on December 25 in Hanoi, highlighting policy directions, strategic technologies and progress under the “Make in Vietnam” initiative as the country pushes toward a stronger digital economy.

Hanoi and Moscow seek new economic momentum as partnership marks 75 years

Hanoi and Moscow seek new economic momentum as partnership marks 75 years

At the Moscow–Hanoi Business Forum, leaders from both capitals said 75 years of Vietnam–Russia ties provide a strong foundation to deepen economic and investment cooperation, especially in technology, trade and urban development.

Vietnam manufacturing maintains strong momentum despite storms disrupting supply chains

Vietnam manufacturing maintains strong momentum despite storms disrupting supply chains

Vietnam’s manufacturing sector continued to expand in November, marking the fifth straight month of improvement, even as severe storms caused supply-chain delays and slowed production, according to S&P Global.

Techfest 2025 returns to Hanoi, spotlighting Vietnam’s vibrant startup community

Techfest 2025 returns to Hanoi, spotlighting Vietnam’s vibrant startup community

Hanoi’s Hoan Kiem pedestrian street will host Techfest Vietnam 2025 from December 12 to December 14, welcoming entrepreneurs, investors and the public to explore emerging technologies and celebrate the country’s growing culture of innovation.

Vietnam expands major entrepreneurship program to unlock opportunities for women nationwide

Vietnam expands major entrepreneurship program to unlock opportunities for women nationwide

The Vietnam Women’s Entrepreneurship Support Program has surpassed nearly every target set for 2017–2025, empowering more than 118,000 women to launch new ventures and laying the groundwork for a stronger, more inclusive entrepreneurial ecosystem in the next decade.

HHTIP accompanies businesses in efficient energy use for sustainability

HHTIP accompanies businesses in efficient energy use for sustainability

As green transition becomes a decisive factor shaping future growth, Hanoi is intensifying efforts to push energy efficiency across its industrial zones. The city’s management board is building a development model centered on clean energy, responsible production and sustainable operations.

Vietnam launches Semiconductor Alliance to build skilled workforce, strengthen global industry ties

Vietnam launches Semiconductor Alliance to build skilled workforce, strengthen global industry ties

The newly launched Semiconductor Alliance in Vietnam seeks to develop skilled professionals, foster collaboration between universities and businesses while preparing the country to play a more active role in the global semiconductor industry.