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.
From a property-market perspective, Do Thi Thu Giang, National Director of Valuation and Advisory at Savills Vietnam, said the orientations under Resolution No. 21-NQ/TW could make the market more transparent and efficient, with property values increasingly tied to actual development and use potential.
Chinese carmakers are putting new pressure on prices and technology while testing Vietnam’s ability to retain more value.
Science and technology, innovation, digital transformation and AI must be translated into higher productivity rather than pursued as ends in themselves. At the same time, people should be placed at the centre of development, not merely viewed as a resource but as the ultimate objective of development policies.
US retail giant Target is seeking Vietnamese suppliers of household goods, home textiles, children’s products, personal care and beauty products, with a focus on companies capable of manufacturing and developing products that meet requirements on quality, design and supply chain management.
The annual event, which will be held on August 18-19, 2026, at the ICE International Exhibition Centre, 91 Tran Hung Dao Street, Hanoi, is expected to attract around 324 delegates and feature 21 booths representing credit institutions, payment intermediary service providers, and technology companies.
Vietnam should give priority to areas where it has potential to build strengths, particularly manufacturing and packaging.
Vietnam has built a solid semiconductor and electronics industry before joining ITSI, attracting major US semiconductor companies. Intel Products Vietnam is one of Intel's largest assembly and testing facilities worldwide, while chip design companies such as Synopsys, Cadence, Marvell and Qualcomm have established engineering and research centres in the Southeast Asian country.
According to the Ministry of Construction, Vietnam has around 2,500 old apartment blocks and collective housing complexes built before 1994, covering about 3 million square metres of floor space, mainly in Hanoi and Ho Chi Minh City. Of these, around 196 have been classified as severely deteriorated and unsafe.
Durian exports reached nearly 1.1 billion USD in the first six months of 2026, up 32% year-on-year. The industry's strongest export season, however, is still ahead.
The country's agro-forestry-aquatic product exports reached nearly 42.8 billion USD in the January–July period, up 7.5% year-on-year and equivalent to almost 60% of the annual target of 74 billion USD.
During the first seven months of 2026, Vietnam attracted more than 38 billion USD in registered FDI, up nearly 58% year-on-year. More importantly, the increase was driven by large-scale, high-tech projects rather than a surge in the number of new investments, signalling a significant improvement in the quality of capital inflows.
Manufacturing and engineering posted the strongest recruitment growth, with hiring demand surging 70% year-on-year, driven by production expansion, supply chain restructuring and sustained investment inflows in high-tech manufacturing.
Vietnam's total import-export turnover reached 659.58 billion USD in the first seven months of 2026, up 28.1% year-on-year.
The projects in Phu Quoc have been implemented under tight deadlines. Since May 2025, the Prime Minister has directed preparations for APEC 2027, including accelerated infrastructure development on the special zone. An Giang province and investors have subsequently launched a number of major projects involving complex technical requirements and demanding construction schedules.
The NSO also reported that realised FDI reached an estimated 15.2 billion USD during the January-July period, an increase of 11.8% from a year earlier and the highest seven-month disbursement recorded over the past five years.
Household deposits at banks reached a new high of 10.8 quadrillion VND (414 billion USD) at the end of May, up more than 108 trillion VND from April and increasing by 4.76% from the beginning of the year, equivalent to nearly 492 trillion VND.
The plan seeks to develop a balanced and modern financial market that is closely integrated with regional and global markets, strengthens the mobilisation and allocation of domestic and foreign capital, and enhances the market’s role as a key provider of medium- and long-term capital for the economy and as a major driver of sustained high economic growth.
Under the province's master plan for 2021–2030 with a vision to 2050, An Giang will prioritise investment in five strategic sectors: strategic infrastructure; processing industries and clean energy; trade, services, logistics and border-gate economy; high-quality tourism; and high-tech agriculture, ecological development and the circular economy.
According to the VCCI, these measures are not only necessary for managing potential risks arising from US trade actions but also crucial to enhancing competitiveness and meeting growing international expectations on compliance, product origin, quality and transparency.
Businesses say the biggest obstacle to reducing emissions and transforming production models remains the lack of financial resources needed to upgrade technologies, modernise production lines and build governance systems that comply with global sustainability standards.