Learning Vietnam's Commie Open FDI Farming Techniques

The common claim of nutjobs like the CPP-NPA legal fronts is FDI ruins agriculture daw. That's a very malaking kasingulanigan because Vietnam has managed to learn to manage things well. There's always some degree of environmental destruction. However, there's also green and friendly technology which will MINIMIZE the effects and there are also rest periods to help nature recuperate. The Communist view would be the following according to the Vietnam Briefing:

Foreign investment in Vietnamese farms

As far as investment goes, plant-based agriculture does not carry any conditions for foreign investors. The establishment and registration of a foreign company wishing to invest in agriculture simply needs to comply with the standard investment, enterprise, and company laws.

That said, the 2013 Land Law, does not permit foreign investors to acquire land to build farms in Vietnam. Therefore, in order to establish a farm in the country, foreign investors can only rent the land. To do this they must establish a foreign invested enterprise, either alone or with a local partner.

Foreign investors and local partners may enter into an investment cooperation agreement in either the form of a joint-stock company or a limited liability company. They can also enter into a Business Cooperation Contract without having to establish a legal entity in Vietnam.

Obviously, a socialist mindset means that the land can only be rented but never fully owned. Those who seek to invest in Vietnam may do so without a ridiculous 60-40 policy. Restrictions in the movement of capital are practiced. Even a non-communist leader like the late Lee Kuan Yew considered himself a socialist to a certain extent. 

The Vietnamese Investment Review gives these views on Vietnam's communist farming with FDI:

In the first five months of 2022, all economic sectors have witnessed quite high growth on-year, of which the most prominent is agricultural exports, which reached $23.2 billion, up 16.8 per cent.

The key agricultural exports have continued to maintain their positions and brands in the international market, such as pepper (first ranked in the world, up 25.7 per cent); coffee (second, up 54 per cent), rice up 10.3 per cent; seafood up 46.3 per cent, wood products up nearly 7 per cent, and more. These are very encouraging results.

In order to further develop the agricultural sector, firstly, the government will direct the renovation of the organisation of production and business in agriculture, from investment in research, selection and breeding to the planning and construction of standard raw material areas, and forming large-scale agricultural production areas. It is also needed to promote the application of science and technology to produce clean and high-quality agricultural products to meet domestic and international consumption demand.

Secondly, the government will direct the expansion of trade promotion and negotiate conditions on technical barriers and trade barriers so that agricultural products that have no market can soon be officially exported to major markets such as Europe, the US, and China. This will contribute to gradually reducing small-scale exports across the northern border while limiting the congestion of goods taking place at border gates.

Next, there will be a stronger mechanism to support credit, exempt and reduce fees and taxes in order to attract businesses into investing in the production of agricultural materials and fertilisers. The government will also direct the review and assessment of the overall demand for raw materials for animal feed processing, from which we can make plans and build production areas to serve the feed industry and gradually ensure our own supplies.

Finally, the government will focus on proposing amendments and supplements to the Law on Land; formulating mechanisms and policies to promote land resources; forming and developing a market for land use rights in agriculture; and creating conditions to support farmers in exploiting and effectively using land.

The use of clean-and-green technology can be provided by kapitalismo firms. Yes, but these capitalist firms will soon realize the superiority of the komunistang sosyal economic system. The Vietnamese would learn to convert capitalist firms to sosyalist firms through learning new things.