Vinh Phuc promotes agricultural processing industry

Besides its strength in industries, in recent years, the northern province of Vinh Phuc has maintained effective agricultural production with diverse farm produce and breeding products, requiring it to promote the agricultural product processing sector to enhance their value.
Vinh Phuc promotes agricultural processing industry ảnh 1Illustrative image (Source: VNA)

Vinh Phuc (VNA) – Besides its strength inindustries, in recent years, the northern province of Vinh Phuc has maintainedeffective agricultural production with diverse farm produce and breedingproducts, requiring it to promote the agricultural product processing sector toenhance their value.

The development of the processing industry is also expectedto bring in opportunities for agricultural product processing firms torestructure their operation in the future.

During a recent national online conference on promoting theagricultural product processing sector and agricultural mechanization, leadersof the Government and central ministries and sectors defined that processingindustry makes important contributions to the effective operation ofenterprises, improving incomes for farmers and increasing State budgetcollection.

In Vinh Phuc, despite its strong industry sector, inprocessing, the province has yet to mark its name in the Vietnam’s processingmap as exempting for an animal feed factory and a number of safe vegetable processingfacilities, Vinh Phuc has had few processed agricultural brand names.

Recognising its unexploited potential and advantages inexpanding the processing sector, in recent years, the province has designedvarious policies and mechanisms to encourage businesses to invest in the area.

Vinh Phuc has asked the agricultural sector to coordinateclosely with localities across the province to remove obstacles facing theagriculture sector, farmers and enterprises investing in agriculture.

Meanwhile, the locality has actively sought and broadenedexportmarkets, while encouraging farmers and companies to stay active in applyinghigh technologies in producing and processing agricultural products, thus providingcustomers with fresh, clean and safe farm produce.

Statistics showed that currently, the province is home tomore than 1,300 agricultural product and food processing facilities, of which,25 are processing enterprises and the rest are small-scaled facilities.

As part of its efforts to associate the agricultural productprocessing sector with trade promotion and market development, since 2013, VinhPhuc has held a number of large-scaled agricultural trade promotion events anddozens of trade fairs and exhibitions, introducing major farm produce of theprovince to the domestic market and creating the connectivity in producing andselling of the products.

However, the economic values produced by the processingsector have remained low and have yet to match the potential and advantages ofthe province. Experts held that the reasons behind the situation include riskfactors threatening the agricultural sector, including natural disasters,extreme weather conditions and pandemics.

Besides, some businesses wishing to invest in agriculturehave faced difficulties in seeking areas to locate their projects as the areasare not included in the province’s planning scheme.

In order to cope with the issues, the province has focusedon adjusting, supplementing and completing a number of policies to createfavourable conditions for the growth of economic sectors, especially farmersand businesses to get easier access to land, capital resources and market, thuseffectively investing in agricultural production.

Vinh Phuc has also designed a number of policies andmechanisms to attract more investment projects in agricultural processing.

Officials from theprovincial Department of Planning and Investment said the provincialauthorities will continue to push forward with administrative reform, focusingon streamlining administrative procedures to reduce time and costs forenterprises. Vinh Phuc will promote the application of informationtechnology (IT) in administrative procedures with the goal of creating the bestpossible environment for production and business, thus enhancing the attractionof FDI and investment from society.

At the same time, attentionwill be paid to removing difficulties and obstacles faced by businesses invarious fields, from business registration to business conditions, customsclearance and taxation.

During the period of socialdistancing to curb the spread of the COVID-19 pandemic, agencies in Vinh Phuc still maintained their connections with investors through many channels,providing them with consultations and latest information. The province has alsointensified online investment promotion activities, so as to attract investorsafter the pandemic is put under control./.
VNA

See more

A view of the second Asia Agri Food International 2026 in Ho Chi Minh City on May 19 (Photo: VNA)

India pushes stronger agri-food cooperation with Vietnam

Experts noted that Vietnam has established itself as one of Southeast Asia’s leading agricultural product exporters, while India remains a major global supplier of agricultural and food products. By combining India’s production capacity and technological strengths with Vietnam’s dynamic processing and export ecosystem, the two countries can build more resilient supply chains in the region.

A panel discussion at the Meet Australia 2026 programme on May 19 (Photo: VNA)

Meet Australia 2026 promotes sustainable partnership opportunities

Meet Australia 2026 is not only a trade and investment promotion event but also a forum connecting trust, vision and action between Vietnam and Australia, as well as between national-level cooperation orientations and development needs of localities and businesses from both countries.

A customer purchases E10 biofuel petrol at a PVOIL station on Thai Thinh street in Hanoi. (Photo: VNA)

Authorities ordered to closely monitor rollout of E10 biofuel from June 1

According to the agency, the move is aimed at ensuring the effective and synchronised implementation of the E10 transition roadmap under Circular No. 50/2025/TT-BCT, issued by the Ministry of Industry and Trade on November 7, 2025. The plan seeks to avoid delays or supply disruptions that could affect the domestic fuel market.

Vietnamese Trade Counsellor in India Bui Trung Thuong speaks at the forum. (Photo: VNA)

Vietnam, India promote digital economy cooperation towards 25 bln USD trade target

With the strengthened Comprehensive Strategic Partnership, the rapid growth of digital economies in both countries and complementary strengths in technology, manufacturing and markets, Vietnam and India are well positioned to build a deeply connected digital trade ecosystem and enhance their participation in global value chains.

“Vietnam Economic Day” in St. Petersburg attracts crowds (Photo: VNA)

Vietnam showcases economic potential, investment opportunities in St. Petersburg

Vietnamese Ambassador to Russia Dang Minh Khoi stressed that economic cooperation between Vietnam and Russia is entering a new phase with promising opportunities for growth. He praised this year’s programme for combining a business roundtable, a youth business forum and traditional cultural and culinary activities, creating both an academic platform for dialogue and an opportunity to deepen mutual understanding between the two countries' people.

Lien Minh Agricultural Cooperative in Thai Nguyen province, provides stable employment for hundreds of its members. (Photo: VNA)

Private economic sector poised for breakthrough growth

More than a year after the Politburo's Resolution No. 68-NQ/TW on private sector development came into effect, expectations now extend beyond increasing the number of enterprises. The goal is to build a stronger business community with greater resilience, larger ambitions and the capacity to compete in global supply chains.

Milk collection at a dairy farm operated by Vinamilk at the Nhon Tan concentrated farming zone in An Nhon Tay commune, Gia Lai province. (Photo: VNA)

Self-reliance in raw materials fuels Vietnam’s dairy growth

The strategy targets annual industry growth of 12-14% by 2030, with processed liquid milk output reaching 4.2 billion litres annually. Domestic fresh milk production is projected to hit 2.6 billion litres per year, meeting 60-65% of processing demand, while milk powder output is expected to reach 245,000 tonnes annually. Per capita milk consumption is targeted at 40 litres per year.

Quang Ninh gives in principle approval to first offshore wind power plant

Quang Ninh gives in principle approval to first offshore wind power plant

Covering an area of 11.95 ha of land and water surface, the project is expected to have a designed capacity of 50 MW and will be implemented in nearshore waters of the Co To special zone. Its key components include wind turbines, a substation, a 110kV transmission line, and related auxiliary facilities.

At Nghi Son 2 thermal power plant in Thanh Hoa province. (Photo: VNA)

Vietnam’s national standards strategy for 2026–2035 approved

The strategy envisions a modern, open standards system welded to international norms, serving as a piece of soft institutional infrastructure, a policy tool and a technical backbone for state governance. It also casts standards as an engine of innovation, digital transformation, green transition and sustainable development.

Shrimp harvesting in Ca Mau province (Photo: VNA)

Vietnamese shrimp sector seeks distinct path in global race

Nguyen Duy Hoa, Deputy Technical Director of Cargill Vietnam, said Vietnam cannot compete with Ecuador on costs nor match India in scale. Instead, the country should focus on value rather than volume or price competition, prioritising quality improvement, technology adoption and value-added products.

Wind turbine No. 3 at the V1-3 site of the Duyen Hai Wind Power Plant in Truong Long Hoa ward, Vinh Long province.(Photo: VNA)

Retail market seen driving double-digit growth

Domestic consumption is being regarded as one of the key drivers for sustaining economic growth. Following the Government’s Resolution No. 88/NQ-CP on promoting the domestic market and stimulating consumption, many retailers have accelerated the expansion of distribution systems, invested in technology and improved supply chains.

Cargo containers are handled at Gemalink International Port, Ho Chi Minh City. (Illustrative photo: VNA)

Government delegation for international economic, trade negotiations established

The delegation is tasked with assisting the Prime Minister in directing ministries, sectors and localities in the negotiation, signing, coordination of ratification and approval, as well as implementation of international treaties and agreements on economic and trade matters involving the Vietnamese State and Government.

Lotte Mart Vietnam is currently distributing around 900 private-label products manufactured in Vietnam under the retailer’s strict quality control. (Photo: VNA)

RoK steps up trade cooperation with Vietnam, Malaysia

The Korean business delegation's trip aims to provide Korean firms with information on import – export trends across the ASEAN region and developments in local markets, while also offering opportunities to explore the latest industry trends and technologies.