The lychee garden of a cooperative meeting export standards to Japan (Photo: VNA)
Hanoi (VNA) – The Ministry of Agriculture and Rural Development is planning to establish 1,600 new cooperatives this year, bringing the total to 22,500.
Among a series of measures set to boost the growth of the group in 2023 is forming cooperative units and farms with links to enterprises for production, processing and sale. The ministry will offer assistance for such connections toward the formation of value chains applying high technologies and certificated production processes.
Attention will also be given to the promotion of the role of related associations in policy making, market management, and linking producers to firms; and to the development of concentrated production areas with improved processing and branding works serving exports.
The operation of agricultural cooperatives will be overhauled and policies to encourage their development will be completed in terms of human resources, land, finance, credit, science-technology, market, and infrastructure.
According to the ministry, Vietnam now counts 94 unions of agricultural cooperatives and nearly 21,000 cooperatives of this kind. There are close to 2,300 cooperatives establishing enterprises, 145 directly involved in import-export activities, and 1,200 participating in the production of goods under the One Commune One Product (OCOP) programme. The cooperatives own some 40% of OCOP products nationwide./.
As many as 595 products of Hanoi have met criteria of the One Commune, One Product (OCOP) programme, an economic development programme for rural areas, in 2021.
Prime Minister Pham Minh Chinh on September 23 chaired a forum on collective economy and cooperatives, which focuses on the role of digital transformation in the development of the sector.
Deputy Prime Minister Le Minh Khai on January 3 signed a decision approving a project on supporting cooperatives which are managed by women and create jobs for female labourers.
Booming e-commerce in Vietnam is providing significant opportunities to promote sales while cooperatives are trying to improve the quality of their products to meet consumers' demands better.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
The lychee garden of a cooperative meeting export standards to Japan (Photo: VNA) 
