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Viet Nam’s Agriculture and Rural Restructuring

Dr. Dang Kim Son from the Ministry of Agriculture and Rural Development (MARD) talked about the structure and restructuring of the agricultural sector in Vietnam. In his presentation, Dr. Son emphasized ten critical issues facing the agriculture, including the role of the banking and financial system, public investment, restructuring state-owned enterprises, crop, livestock, aquaculture, forestry structure, salt production, and processing industries. He pointed out that the current system in place is no longer suited to sustaining a high growth rate while maintaining the environment and the competitiveness of locally produced products. A new, modernized system is required to satisfy the following criteria including a new demand, a higher requirement in science and technology, fast industrialization and urbanization, globalization and integration, and compatibility with climate change in the future.