Economy

Vice Chairman of Long An Province People's Committee - Pham Van Canh chaired over a dialogue conference with local businesses, cooperatives, cooperative groups and farmers in high-tech dragon fruit area on December 24.

Vietnam has been making efforts to foster organic farming, including a decree issued last August which should be implemented as soon as possible, experts told a forum in HCM City on December 25.

The third Vietnam Rice Festival 2018 wrapped up on December 24 after seven days with plentiful activities in the Mekong Delta province of Long An, attracting over 100,000 visitors.

With certain advantages, Vietnam has been the destination for many multinational businesses to seek processors, and processing in turn have become a major growth engine of the economy.

National Assembly Chairwoman Nguyen Thi Kim Ngan has urged the Vietnam Young Entrepreneurs Association to gather and unite members to help them develop.

The recently unveiled green Vietnamese rice logo brings the message that Vietnam’s agricultural production develops with clean, safe and environmentally friendly products.

Vietnamese products can only be worthy of the ‘national brand’ honour when they secure “a standing” in the global value chain, Prime Minister Nguyen Xuan Phuc said.

The 3rd Rice Festival themed "Agriculture, farmers, sustainable rural development; the Vietnamese prioritize consumption of Vietnamese products” is a political, economic, cultural, social and tourist event.

Vietnam had the world’s second highest score in the consumer confidence index in the third quarter of 2018.

Prime Minister Nguyen Xuan Phuc has underlined the role of domestic private enterprises as one of the key measures to bolster Vietnam’s supporting industries.

Over the past few years, the MARD has coordinated with ministries, central agencies, and advisory units to support localities in building plans to realise the OCOP programme.

The Comprehensive Progressive Trans Pacific Partnership promises great benefits for Vietnamese firms, but many regulations on technical barriers and social responsibility will have to be met.