Rights of the Parties in the Partnership

22:00, 11/07/2024

Agriculture is the spearhead sector of our country's economy; however, the organizational structure of the agricultural sector remains inadequate. To encourage the restructuring of the agricultural sector, the Government of Vietnam has issued Decree 98/2018/ND-CP on policies to promote cooperation and linkage in agricultural production and product consumption.

According to the new regulations, the parties involved in the linkage will have the following rights:

- Linkage in agriculture sectors, occupations, and fields not prohibited by law;- To enjoy policies encouraging linkage between production and consumption of agricultural products and other support and incentive policies of the State as stipulated;- To use investment assets on land and assets formed from borrowed capital as collateral for loans at credit institutions;- To be provided with information about the state's linkage support policies, prices, markets, quality standards, science and technology, and other public utility services serving the linkage;- To choose appropriate methods to resolve disputes arising in the implementation of contracts and linkage projects according to the provisions of law;- To be guaranteed regarding assets and infrastructure investment items involved in the linkage;- Other rights according to the provisions of law.

See more Decree 98/2018/ND-CP effective from August 20, 2018.

- Thanh Lam -

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