Investment into agriculture encouraged

by VTV420 April 2017 Last updated at 16:54 PM

VTV.vn - Deputy Prime Minister Vương Đình Huệ has said a new government decree should make investment into agriculture easier.

Nearly 17 million USD in government money has been poured into 64 projects nationwide in the last 3 years. Meanwhile, current policies do not have regulations on forming new businesses in rural areas.

Therefore the new decree must support investors in terms of tax exemption and land lease in addition to financial supports. According to the Deputy PM, agriculture is still the foundation of the economy, but investors and farmers face a lot of risks.

The new decree has to be implemented within this year and support many factors including family farms, households, and co-operatives. Plans for land usage also have to be published in the decree.

Tags:

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2017-05-29 05:07 UTC

WEATHER FORECAST

Today - Monday May, 29
Mostly Cloudy
24/32
Tuesday May, 30
Mostly Cloudy
23/32
Wednesday May, 31
Mostly Cloudy
26/35
Thursday Jun, 01
Mostly Cloudy
28/38
Friday Jun, 02
Thunderstorms
29/37
Saturday Jun, 03
Thunderstorms
28/34
Sunday Jun, 04
Thunderstorms
28/33
Monday Jun, 05
Thunderstorms
27/31
Tuesday Jun, 06
Thunderstorms
26/29
Wednesday Jun, 07
Scattered Thunderstorms
25/29