Vietnam was in urgent need of policies to develop a transparent and sustainable agricultural land market to attract more investment in the farming sector, according to the Vietnam Real Estate Association.
Fruit and vegetable exports, which have been growing at around 15 per cent annually for the past five years, are a highly attractive business activity for enterprises, which are increasingly investing in large and modern processing plants.
Lavifood Joint Stock Company officially put into operation its Tanifood vegetable and fruit processing plant in the southwestern province of Tay Ninh on January 6, hoping to make international-standard products for export to the US, the European Union, the Republic of Korea, Japan and Australia.
Due to the poor competitiveness of Vietnamese agricultural and livestock products, agriculture will be significantly impacted by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). However, it will also be a driving force for the institutional reform of Vietnamese agriculture.
Contrary to all predictions, Vietnamese enterprises are willing to spend big money to use robots and advanced technologies in their production lines.
VOV.VN - When the Chau Thanh Longan Cooperative shipped its first 100 metric tons of longan to the US last year, it offered a ray of hope for the otherwise dismal export scenario for the fruit and vegetable segments of the economy.