Deputy Prime Minister Vuong Dinh Hue has highlighted the leading role of cooperatives in connecting farmers with businesses, towards promoting strong and effective agricultural production and consumption.
Addressing the 3rd National Farmers Forum in Hanoi on October 14 which was part of activities in the “Proud of Vietnamese farmers” programme, the Deputy PM stressed that it is necessary to fully tap potential of each regions and localities, and enhance links between the domestic and foreign markets.
The Government promises to perfect policies to foster agricultural development, trade and investment promotion, he said.
Hue praised the organisation of the forum and its theme, saying that Vietnam currently has 10 farm products with export turnover of US$1 billion upwards.
Vietnam has also witnessed remarkable events of the agriculture sector, especially as the country held the world rice conference for the first time.
Meanwhile, Chairman of the Vietnam Farmers’ Union Thao Xuan Sung emphasised the great and proud achievements of the agriculture sector over the past 32 years of reform.
The export of farm products has recorded continuous growth, creating impressive breakthroughs, he said.
In the first four months of this year, Vietnam’s export value of vegetables and fruits surpassed those of crude oil. The country’s agro-forestry-aquatic product exports are forecast to reach US$40 billion in 2018.
However, Sung also mentioned challenges facing Vietnam’s agriculture sector such as climate change and internal difficulties of the national economy.
At the forum, participants voiced their concern about how to improve the quality and image of Vietnamese agricultural products, and expand more markets for and reduce production cost and prices of farm produce. They also discussed policies to cope with the protection of agricultural products in importing countries.
Deputy Minister of Agriculture and Rural Development Le Quoc Doanh underlined the need to build brand names for Vietnamese farm produce, saying that it is necessary for Vietnam to improve the quality and ensure food safety of agricultural products if it wants to build sustainable trademarks for those.
He added that the ministry has built a project to develop 15,000 new-style cooperatives, which are hoped to help farmers develop their production and make it easier for them in selling their products.
Director of the Trade Promotion Department under the Ministry of Industry and Trade (MoIT) Vu Ba Phu said through programmes to support farmers and enterprises in building brand names for their farm produce, the MoIT and other relevant ministries will promote Vietnamese trademarks to international markets through Vietnam’s agencies abroad.
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Vietnam has entered the world's top 30 most competitive economies for the first time, ranking 27th out of 70 economies in the 2026 World Competitiveness Ranking published by the International Institute for Management Development (IMD).
The new circular will help credit institutions have more room to provide capital to businesses and investment projects to support high economic growth in the next few years, while increasing flexibility in the SBV’s monetary policy management.
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According to Vice Chairman of the provincial People’s Committee Pham Van Thinh, the province aims to maintain stable and sustainable growth, improve the competitiveness of both the economy and local businesses, and make better use of free trade agreements (FTAs) to expand and diversify export markets.
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The International Finance Corporation (IFC) highlighted the city's dominance in green-certified building floor space in Vietnam, reflecting the rapid expansion of the green building market with 780 completed green buildings encompassing over 18.69 million sq.m by 2025, predominantly certified by EDGE and LEED.
The United Kingdom officially announced two new climate cooperation initiatives to support Vietnam in its energy transition and green growth journey. These programs focus on offshore wind power development and the creation of a sustainable green financial ecosystem.
The GTTCI expert noted that alongside logistics and integrated warehousing, e-commerce is expected to be a particularly high-growth sector in the coming years. He described it as a multi-billion-dollar market with significant untapped opportunities for cooperation between Vietnam and India.
According to the Ministry of Industry and Trade, Vietnam’s exports reached 215.66 billion USD in the first five months of 2026, up 19.5% year-on-year. Twenty-six export items generated more than 1 billion USD in revenue each, including seven with turnover exceeding 10 billion USD.
By combining centuries-old craftsmanship with contemporary design, Hanoi’s traditional craft villages are finding new ways to keep their cultural heritage relevant and competitive in modern life.
A significant number of Swedish enterprises are set to expand their operations in Vietnam, reflecting a deep-seated confidence in the country’s long-term economic prospects.
Since the start of the summer harvest season, China's two major border gates with Vietnam, Youyi Guan in Pingxiang and Beilun 2 Bridge in Dongxing, have entered their peak period for handling imports of fresh agricultural and seafood products from member states of the Association of Southeast Asian Nations (ASEAN).
UOB noted that while Vietnam has maintained relatively strong growth momentum, recent economic indicators suggest a mixed short-term outlook, with positive developments tempered by mounting challenges. In particular, higher energy costs are beginning to weigh on manufacturing activity and macroeconomic stability.
According to the Vietnam Logistics Business Association (VLA), the logistics sector will require around 2.2 million workers by 2030, including 1.6 million employees for logistics service providers and nearly 600,000 personnel supporting logistics operations in manufacturing and trading enterprises.
To date, over 100 fisheries unions, solidarity groups and teams protecting national sovereignty and security at sea in Da Nang have signed commitments not to engage in IUU fishing.
The development strategy for VIFC-HCMC envisions a comprehensive financial ecosystem encompassing green finance, carbon credits, financial technology (fintech), blockchain technology, digital assets, digital banking and other innovative business models. These highly internationalised sectors involve complex cross-border transactions and sophisticated legal structures.