Photo for illustration

This information was stated by Mr. Dang Vu Tran, Deputy Head of MARD’s Department of Enterprise Management in a recent forum in Hanoi, reported the Vietnam Government Portal. 

In the 2018-2020 period, the Ministry will carry out privatization of three enterprises, including Vietnam National Coffee Corporation (Vinacafe), Vietnam Northern Food Corporation (Vinafood1), and Ha Long Seafood One-member Limited Liability Company.

In addition, MARD will continue to divest and sell state capital at Vietnam Forestry Corporation - JSC (Vinafor), Navetco National Veterinary Joint Stock Company and Vetvaco National Veterinary Joint Stock Company.

Aiming to continue to improve business climate and attract more investment in agriculture, the ministry will focus on continuing to assist enterprises to invest in agriculture, and strictly supervise and speed up the arrangement and renovation of agricultural and forestry companies. 

According to statistics of the Ministry of Planning and Investment, in 2017, 1,995 enterprises were formed in the agricultural field, a 3.8% rise against 2016; raising the total figure to 6,660./.