Mindset reform critical to agricultural development: minister

The agricultural sector will have to reform its production mindset so as to turn Vietnam into one of the countries with leading agriculture in the world, according to Minister of Agriculture and Rural Development Le Minh Hoan.
Mindset reform critical to agricultural development: minister ảnh 1A smart farming model named Delco Farm in Nguyet Duc commune of Thuan Thanh district, Bac Ninh province (Photo: VNA)

Hanoi (VNA) – The agricultural sector will have to reform its production mindset so as to turn Vietnam into one of the countries with leading agriculture in the world, according to Minister of Agriculture and Rural Development Le Minh Hoan.

Deputy Prime Minister Le Van Thanh recently approved the strategy for sustainable development of agriculture and rural areas for 2021 - 2030, with a vision to 2050, which continues to affirm that agriculture is the sustainable foundation of the country.

Among the detailed targets for 2030, agriculture - forestry - fisheries are expected to achieve GDP growth of 2.5 - 3 percent, an increase of 5.5 - 6 percent in labour productivity, and exports rise of 5 - 6 percent each year on average.

The strategy looks to turn Vietnam into one of the countries with leading agriculture in the world by 2050, by which time its agricultural processing will have become modern, efficient, and environmentally friendly.

To that end, the agricultural sector will have to reform its production mindset, which is shifting from that of agricultural production to that of agricultural economy that focuses on value and efficiency improvement and inter-sectoral development, Minister Hoan said.

He pointed out the need to work towards green and ecological agriculture by uniformly applying technology, rationally using and saving input materials for farming, and efficiently utilising natural resources so as not to affect the environment and human health.

To ensure stable sale for farm produce, the domestic distribution network will have to be reformed in order to connect processing and retail systems with agricultural product supply chains. A system of wholesale markets will need to be developed in tandem with the logistics chain in key farming zones.

Opportunities generated by free trade agreements will be optimised to retain traditional markets and explore new ones to avoid overdependence on certain markets, the minister noted.

He added that the agricultural sector will need to maximise existing resources to bring about new values by developing a circular economy, which will enable green and ecological agriculture./.

VNA

See more

Participants at a conference on digital assets in Hanoi on December 10. (Photo: VNA)

Finance ministry seeks public feedback on minimal tax on digital assets

Under the draft, the transfer and trading of crypto assets would not be subject to value-added tax. Individual investors, regardless of residency status, would be required to pay personal income tax at a rate of 0.1% on the gross value of each transfer. This approach mirrors the current tax method applied to securities transactions.

Steel products of Hoa Phat Group. (Photo: VNA)

Vietnam aims to meet 80–85% of domestic steel demand by 2030

Vietnam aims to meet 80–85% of domestic steel demand by 2030. Crude steel production is targeted at 25–26 million tonnes per year, with annual growth of 7–8%, while finished steel output is expected to reach 32–33 million tonnes per year, growing by 5.5–6.5% annually. Per capita steel consumption is projected at 270–280 kg per year.

One of the products granted Halal certification in 2026. (Photo: moit.gov.vn)

Spring Fair 2026 boosts momentum for Vietnam’s Halal sector

The fair’s greatest value for Halal products lies less in immediate revenue than in building trust and standardising business practices. In a market where certification determines entry, it highlights that expansion must begin with fundamentals, standards, raw materials, production processes and readiness.

Prime Minister Pham Minh Chinh speaks at the fifth meeting of the Steering Committee for Nuclear Power Plant Construction. (Photo: VNA)

PM calls for more vigorous implementation of nuclear power projects

Describing nuclear power plants as nationally significant, strategic projects with a century-long vision, PM Chinh called for urgent and responsible implementation of tasks within assigned authority, with any outstanding issues promptly reported to higher authorities.

Vehicles transporting import and export goods at Bac Luan II Bridge border gate. (Photo: VNA)

Building smart border gates to enhance competitiveness, drive growth

With plans to build the Mong Cai–Ha Long–Hai Phong railway alongside the smart border gate and economic cooperation zone, Quang Ninh is positioning itself as a new growth pole in northern Vietnam and a key gateway for economic cooperation between Vietnam, ASEAN and China.

Noi Bai International Airport is expected to receive a record number of passengers (Photo: VNA)

Noi Bai, Tan Son Nhat airports expect record passenger volumes during Tet

Information from Noi Bai International Airport showed that during the peak Tet period, passenger traffic is forecast to reach a record high, posting double-digit growth year on year. Specifically, in the seven days before Tet (February 10–16), Noi Bai is expected to serve more than 725,000 passengers, up 16% from the same period in 2025, with 4,467 flights, an increase of 12.5%.

The booth of Lang Son province brings about distinctive local products to the fair, and also implemented various promotional programmes to stimulate consumer demand (Photo: VNA)

Spring Fair 2026 spreads cultural values, boost trade

From handwoven brocade textiles to traditional ethnic costumes, the fair presents vivid cultural colours and highlights how local producers are introducing heritage products to the modern market, expanding consumer reach, building brands, and strengthening trade links.

Hanoi markets come alive as Tet 2026 approaching (Photo: nhandan.vn)

Hanoi markets come alive as Tet 2026 approaching

A recent survey shows flower prices have seen only slight fluctuations this year thanks to favourable weather conditions. Peach blossoms are priced from 200,000 VND to several million VND, depending on size and shape.

Ho Chi Minh City’s public spending rose in 2025 but fell short of the amount it had targeted (Photo: dangcongsan.vn)

Ho Chi Minh City to tackle public spending bottlenecks

By the end of 2025, the city had disbursed 74% of the amount targeted by the Government – 89.07 trillion VND (3.7 billion USD) out of 120.32 trillion VND – well below the near-100 % rate typically required to maximise economic impact.

A view of Hanoi. The capital city will boost trade promotion and advertise the ‘Hanoi - A Green Destination’ programme to attract investment and international markets (Photo chinhphu.vn)

Hanoi aims to attract 4.5 billion USD in FDI in 2026

The plan was under Decision No. 53/KH-UBND on international economic integration in 2026, aiming to create momentum for rapid and sustainable growth, while simultaneously enhancing the competitiveness and position of the capital city in the context of deep integration.

People buy gold at a shop in Hanoi (Photo: VNA)

Ministry of Finance clarifies new gold bar tax amid market concerns

Under the new Personal Income Tax Law No. 109/2025, adopted by the National Assembly, a 0.1% tax will be levied on each transfer of gold bars. The Government will set value thresholds to exempt individuals purchasing gold for savings rather than speculative purposes.