Việt Nam 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 Việt Nam Real Estate Association.
Up to 84.2 per cent of the communes in the capital city of Hà Nội have met the standards for new-style rural areas as of April this year.
Việt Nam wants to attract 100,000 businesses to invest in agriculture. It hopes between 3,000-4,000 businesses will be large scale with the rest medium sized.
Việt Nam should become one of world’s top 15 most developed agricultural nations in the next ten years, said Prime Minister Nguyễn Xuân Phúc.
A support centre for co-operative development was opened in Hà Nội on December 6 to help Vietnamese co-operatives get more involved in agricultural value chains.