Business

Over 1,600 more businesses enter agricultural sector in 2021

A total of 1,640 agri-businesses were newly established and resumed operation in 2021, raising the number of firms in the sector to over 14,400, according to the Ministry of Agriculture and Rural Development.
Over 1,600 more businesses enter agricultural sector in 2021 ảnh 1At a VietGap-standard farm in Binh Thuan province (Photo: VNA)
Hanoi (VNA) – A total of 1,640 agri-businesseswere newly established and resumed operation in 2021, raising the number of firmsin the sector to over 14,400, according to the Ministry of Agriculture andRural Development.

The ministry said agribusinesses are growing strongly inVietnam, becoming the core of the agricultural value chain. There are a numberof major corporations expanding into hi-tech agriculture, such as Nafoods, TH,Dabaco Vietnam, Masan, Lavifood, Doveco, and Bien Dong Trading and InvestmentJSC.

This year, 1,250 new agricultural cooperatives were established.Vietnam now has 19,100 cooperatives, including 1,980 hi-tech agriculturalcooperatives; 78 cooperative unions; over 30,000 cooperative groups; and nearly19,700 farms.

The country also has 12 hi-tech agricultural zones; and 51hi-tech agribusinesses, 23 of which have been recognised by the Ministry of Agriculture andRural Development./.

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#Ministry of Agriculture and Rural Development #Vietnamplus #Vietnam News Agency #agricultural cooperatives #hi-tech agricultural zones #agricultural value chain Vietnam
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