Agricultural businesses set to increase by 10 percent each year

The agricultural sector is striving to increase the number of businesses operating in the sector by 10 percent annually during the 2017-2020 period, with 20-30 percent of them showing innovation.
Agricultural businesses set to increase by 10 percent each year ảnh 1Farmers are taking care of flowers. Vietnam aims to raise the number of agricultural enterprises by 10 percent annually betwen 2017 and 2020. (Source: VNA)

Hanoi (VNA) – The agricultural sector is striving to increase the number of businesses operating in the sector by 10 percent annually during the 2017-2020 period, with 20-30 percent of them showing innovation and creativity.

To realise the target, the Ministry of Agriculture and Rural Development (MARD) has issued an action plan for the implementation of the Government’s Resolution 19-2016/NQ-CP on missions and measures to improve the business environment and national competiveness for 2016-2017 with a vision to 2020 and Resolution 35/NQ-CP, which aims to assist enterprises until 2020.

Under the action plan, the MARD will improve the agricultural business environment while developing mechanisms and policies on assisting, attracting investment and improving competiveness for agricultural businesses.

Solutions include the restructuring of the agricultural sector in terms of production planning and State-owned enterprises as well as drawing social engagement in providing public services.

The ministry will assist enterprises in accessing resources and markets, and protect the domestic market from the adverse impacts of the integration process.

It will also implement policies encouraging small- and medium-sized enterprises to form production and business links while maintaining dialogues with businesses to promptly address their difficulties.

Administrative reform will be stepped up in all fields, alongside the strengthening of inspection activities and the implementation of anti-corruption measures.-VNA

VNA

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