Vietnam

Xuất khẩu nông nghiệp đặt mục tiêu 100 tỷ USD

VN Express | Local Language | News | Dec. 12, 2025 | UndeterminedTrade Issues and Numbers

At the 2025 Dialogue with Farmers Conference in Hanoi, the Prime Minister highlighted agriculture as a key pillar of Vietnam's economy over the past 40 years, contributing to poverty reduction, macroeconomic stability, and international brand recognition. Moving towards developed country status by 2045, Vietnam aims to transform its agricultural sector through science, innovation, and digital transformation. Agricultural exports have shown strong growth, reaching USD 64 billion in the first 11 months of 2025, surpassing the 2024 record by 12.6%. There remains significant growth potential by standardizing production, expanding markets, and upgrading infrastructure, with ministries urged to unify efforts and focus on strategic investments, especially in transportation to lower logistics costs.

The government plans to enhance quality standards and market transparency by developing an agriculture-environment data system, nationwide product traceability, and building a digitally skilled rural workforce. Credit policies, agricultural insurance, and attracting youth to farming will be critical for long-term sector vitality. The rice sector, recently affected by fluctuating policies in key markets like the Philippines, requires immediate attention. Industry leaders called for state and large enterprise involvement in procurement to stabilize prices and advocated expanding consumption markets into West Asia. The Ministry of Agriculture and Environment recognized global rice demand as an opportunity and stressed proactive market development in Africa and Southeast Asia, along with launching a one million hectare high-quality rice program aimed at accessing the Japanese market starting in 2025.

The Prime Minister encouraged businesses to explore cooperative production opportunities in the Middle East, Latin America, and Africa, where countries are willing to allocate land for Vietnam’s food security projects. He also emphasized state responsibility to stabilize rice markets through reserve purchases and tasked major state-owned enterprises to participate actively in procurement. The Ministry of Agriculture and Environment was instructed to review and facilitate the funding and implementation of the high-quality rice project.

For product quality control, the ministry announced a pilot program for durian traceability starting January 2026, extending to all exported agricultural products by the end of that year to ensure food safety and prevent banned substance contamination. To reduce the current heavy dependence on imported livestock feed ingredients, the ministry is collaborating with large companies and local governments to establish raw material zones, aiming to secure supply and reduce costs for livestock producers.

Nghị quyết mới thi hành Luật Đất đai: Mở lối cho dự án và quyền lợi người dân

Bao Dien Tu | Local Language | News | Dec. 12, 2025 | UndeterminedLegal Exposure

On December 11, the National Assembly passed a Resolution aimed at removing obstacles in the implementation of the Land Law, with 428 out of 437 delegates voting in favor. The Resolution, effective from January 1, 2026, includes 3 Chapters and 13 Articles and establishes mechanisms and policies to facilitate land-related projects and protect citizens' rights.

Key provisions include allowing provincial People’s Councils to recover remaining land areas when project agreements cover over 75% of land users and area. Compensation for recovered land must match or exceed previously agreed land prices, with additional support for shortfalls. The Resolution also clarifies the timing for land price determination in BT contracts, setting it at the point the State decides to allocate or lease land. If delays occur, investors are entitled to interest payments based on state-owned bank rates from project completion until land allocation.

Further refinements address land recovery before compensation plans are approved, enable land recovery prior to resettlement completion, and require lump-sum payments for land leased through auctions covering the entire lease term. The Resolution also improves the document’s technical and linguistic quality to ensure clarity and consistency. Provisions for handling difficulties in BT contracts signed before the Resolution’s effective date will be addressed separately.

IMF dự báo Trung Quốc tăng trưởng 5% năm nay

VN Express | Local Language | News | Dec. 12, 2025 | UndeterminedEconomic Growth

The International Monetary Fund (IMF) raised its forecast for China's economic growth in 2025 from 4.8% to 5%. For 2026, the IMF expects China’s growth to reach 4.5%, up from the previous forecast of 4.2%. The IMF highlighted China’s economic resilience despite various shocks in recent years but noted ongoing challenges such as a weakening property sector, high local government debt, and weak domestic demand.

The IMF emphasized the need for China to accelerate structural reforms and transition its economy from reliance on exports and investment toward a consumption-driven growth model. Although China recorded a trade surplus exceeding $1 trillion in the first 11 months of 2025, the IMF cautioned that dependence on exports is unsustainable amid rising global trade tensions.

Recommendations from the IMF include adopting more accommodative macroeconomic policies while reforming to reduce household saving rates, curbing inefficient investments, and eliminating unnecessary industrial support. They also called for strengthening the social safety net and supporting the adjustment process in the property sector. Beijing closely monitors IMF assessments, viewing them as important validation amid ongoing trade disputes.