Agricultural land accumulation for large-scale production has been facing many obstacles, although the Government has pushed up the process by implementing several policies.
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.