The government will improve the incentive policies and create favorable conditions for investment in hi-tech agricultural areas in all localities nationwide.
This is the content of the Notice of the Prime Minister Nguyen Xuan Phuc's conclusion at the Conference on Construction of Vietnam's Agricultural Industry.
Also in this announcement, the Prime Minister praised the Hi-Tech Agricultural Enterprise Club for its efforts and achieved initial positive results in developing models of applied agricultural production. High technology, contributing to improving the quality of Vietnam's agricultural products, ensuring food safety.

The Prime Minister highly appreciated the model of high-tech agricultural complex proposed by the Hi-tech Agriculture Club. Approve and encourage the businesses of the Hi-Tech Agricultural Club to invest in high-tech agricultural complexes. The government will improve the incentive policies and create the most favorable conditions for investment in hi-tech agricultural areas in all localities nationwide, not necessarily complying with the master plan of hi-tech agricultural zones and regions up to 2020 with orientation to 2030 which have been approved by the Prime Minister in Decision No.575/QD-TTg dated May 4, 2015.
Prime Minister agreed to expand the area of shrimp farming of high quality. The Ministry of Agriculture and Rural Development (MARD) is in charge of the preparation of the Government Conference on the development of high quality shrimp (scheduled for early January 2017).

Focus on developing quality and  advantageous products

The Prime Minister assigned the ministries and branches according to their assigned functions and tasks to expeditiously review and perfect the institutions and policies and handle obstacles and difficulties for hi-tech agriculture.
Specifically, the Ministry of Agriculture and Rural Development urgently review, improve and supplement the planning of high-tech agricultural areas in the direction of improving efficiency, sustainable development, including high-tech agricultural complex.
In addition, the Ministry of Planning and Investment, the Ministry of Finance, the Ministry of Science and Technology and other relevant ministries will review and submit to the Government incentive and support policies for implementation for the Hi-tech Agricultural Complex; To coordinate with the Ministry of Science and Technology and the State Bank of Vietnam in reviewing and formulating criteria for determining hi-tech agricultural programs and projects as well as the list of hi-tech agricultural sciences to apply incentive policies, incentives.
At the same time, preside and organize the evaluation and learn by experience in investing and developing hi-tech agriculture in Lam Dong province for early deployment and replication in other localities.
To continue reorganizing agricultural production towards sustainable development, based on the potential and comparative advantages, applying high technologies, focusing on the development of quality and advantageous products ; To strongly develop enterprises in the field of agriculture, continue raising the quality and efficiency of agricultural cooperatives and overcoming the situation of small and scattered production; Strengthening links between farmers - entrepreneurs – scientists in which the key is the link between farmers - entrepreneurs; Continue to build linkages in the production, preservation, processing and distribution of agricultural products, effective participation in production networks, global agricultural value chains.

Help businesses accumulate land to expand production

The Prime Minister has assigned the Ministry of Natural Resources and Environment to submit measures to help businesses quickly acquire land and accumulate land to expand production and large-scale production with the application of high technologies, including solution on the establishment of land bank, the formation of market land use rights, capital contribution with the value of land use rights.
The Ministry of Industry and Trade promotes trade promotion activities, expands international markets for Vietnamese agricultural products, promotes exports and encourages domestic consumption, and develops e-commerce for high-tech agricultural products; Coordinate with the Ministry of Agriculture and Rural Development in urgently reviewing and perfecting technical barriers and implementing trade remedies for many agricultural products in accordance with the law.
In addition, to review and perfect policies and mechanisms to encourage the development of domestic production of industrial products to serve hi-tech agricultural production such as machines, tools, greenhouses, organic fertilizer, micro-insecticide ...

Supplying a credit package of 50-60 trillion VND

The Ministry of Finance and the State Bank of Vietnam continue to study and finalize and submit to the Government for promulgation incentive mechanisms in the development of hi-tech agriculture, especially research and transfer technologies of production, preservation, processing agricultural products, import hi-tech equipment and machinery which can not be produced domestically.

Specifically, the Prime Minister asked the Ministry of Finance to lead the study and submit to the Prime Minister proposals on the Fund for High-tech Agricultural Development, Agricultural Insurance.

The State Bank of Vietnam directs the commercial banks to allocate a credit package of about VND50-60 trillion by mobilizing capital from to provide loans to support high-tech agricultural production projects and enterprises, clean agricultural products with more preferential conditions and there are many commercial banks involved (in which the Bank for Agriculture and Rural Development is the main beneficiary. ); Studying the mortgage of property loans by the equipment and machinery which have been invested and assets formed on the land of hi-tech agricultural projects. The Ministry of Science and Technology continues to improve policies on the promotion of research, innovation, incubation, transfer, technology development, technology application to agricultural production, with emphasis on policies to promote scientific and technological potential of the contingent of scientists to assist enterprises in developing hi-tech agriculture. To well perform the task of scientific and technological information. To prioritize the allocation of budget resources for scientific and technological research and application of biotechnology.
The People's Committees of the provinces and centrally-run cities shall create favorable conditions, first of all on administrative procedures, and adopt policies to support and encourage high-tech agricultural enterprises.

An Nguyen