The issuance of Resolution 68-NQ/TW by the Central Committee of the Communist Party of Vietnam, focused on further renewing, developing, and improving the efficiency of the collective economy in the new era, has not only raised expectations for domestic institutional reforms but also laid the groundwork for Vietnamese agricultural enterprises to expand their global footprint.
A resolution with hopes
Many entrepreneurs, experts, and investors believe this is a pivotal moment to strengthen the position of the private agricultural sector, a dynamic component in Vietnam’s process of global economic integration.
According to Mr. Truong Sy Ba, Chairman of Tan Long Group, Resolution 68 is a beacon of hope for private enterprises in agriculture. It marks the first time that the role of private businesses is clearly recognized in a Central Committee-level resolution.
“To bring Vietnamese rice to demanding markets like Japan, Europe, or the U.S., we can no longer rely on fragmented production methods. We need a strong institutional foundation to support investment in technology, deep processing, and cross-border logistics,” Mr. Ba emphasized. Tan Long Group is currently exporting AAn-branded rice to Japan, aiming to increase volume to 30,000 tons this year. However, challenges related to capital costs and administrative procedures remain significant barriers.
He also pointed out that antitrust regulations, if not updated to reflect current realities, could hinder large enterprises from scaling up and competing with multinational corporations.
From another perspective, Mr. Lu Nguyen Xuan Vu, CEO of Xuan Nguyen Group, hopes the policies outlined in Resolution 68 will soon be translated into preferential credit packages and support for science and technology.
“For our products, from cordyceps to functional foods, to go international, we must ensure consistent quality, professional packaging, and full international certification. That’s where policy and market need to meet,” he said.
Resolution 68-NQ/TW opens up expectations to help Vietnamese agricultural enterprises reach further in the international arena. Illustrative photo.Toward cross-border value chains
Resolution 68 also brings hope to small and medium-sized enterprises (SMEs), which are a key force in exporting processed agricultural products. Mr. Nguyen Van Hien, Chairman of the Board at Chanh Viet Group, shared that businesses are grappling with price volatility and weakened consumer demand in core markets. “If policy can help us expand export channels and promote trade methodically in potential markets like the Middle East, South Korea, and India, it would be a major boost,” he said.
Mr. Hien also praised the role of free trade agreements (FTAs) Vietnam has signed but stressed the need for support teams to help businesses effectively leverage tariff preferences, origin certification, traceability, and standardization. “We need a truly supportive ecosystem to build cross-border value chains, not just shipping goods and receiving payments,” he affirmed.
Still, experts note that to achieve the ambitious goals set out in Resolution 68, a coordinated effort from the entire political system is necessary, along with market-oriented and flexible policymaking. Administrative reform, streamlined licensing procedures, transparency, and digitalization of the supply chain are all essential elements.
In a press interview, Mr. Nguyen Do Anh Tuan, Director General of the International Cooperation Department (MAE), said that businesses should be seen as the central and key drivers in delivering on green development, inclusive growth, and fair trade commitments. The state plays a supportive, facilitative, and catalytic role, helping businesses and farmers work together. The government’s role is to spark community spirit and cooperation among farmers.
As global agricultural supply chains are being restructured toward sustainability and digitalization, Resolution 68 offers a critical foundation for Vietnamese agribusinesses to break through in a new development cycle. What remains is determined implementation, transparent governance, and meaningful support from authorities at every level to accompany enterprises on their integration journey.