Vietnam has become an increasingly attractive place for businesses of all types, given the country’s growing consumer class and dynamic workforce, according to the newswire Vietnam Briefing.
The agriculture sector became the economy's bright spot in the first seven months of this year, posting a trade surplus of 3.9 billion USD in the period.
The agriculture sector is set to earn 41 billion USD from export in 2021, according to Vu Ba Phu, head of the Vietnam Trade Promotion Agency under the Ministry of Industry and Trade (MoIT).
Vietnam exported 10.61 billion USD worth of agricultural, forestry and fishery products in the first quarter of 2021, up 19.7 percent compared to the same period last year.
Chairman of the Vietnam Farmers’ Union (VFU) Central Committee Thao Xuan Sung has underlined the leadership of the Communist Party of Vietnam (CPV) in building policies for agricultural development, as well as the decisive contributions by the agriculture sector to Vietnam’s GDP growth in 2020.
Since the Democratic Republic of Vietnam was established on September 2, 1945, the country has risen from a zero-budget nation, which had to call for contributions from citizens, to a middle-income country with a dynamic economy.
Party General Secretary and State President Nguyen Phu Trong, who is also Chairman of the Subcommittee on Party documents of the 13th National Party Congress, has written an article emphasizing the need to well prepare and organise the 13th National Party Congress in order to bring the country to a new development period.