Development of agriculture is a substantial element of a balanced development of a country, comprising the development of agricultural, forestry and fishery sectors as well as the aggregate of other economic, social, and ecological activities related to the rural environment. The two main types of state aid provided to agriculture and rural development include direct and indirect support. The state aid shall be fully consistent with the basic guidelines of the European Community regarding the support for agriculture. The aim of the research is to discuss the legal regulation in the sphere of state aid allocation and to analyse the dynamics and impact of allocated national subsidies for the development of agriculture and rural development. Currently, the requirements for allocation state aid in the form of subsidies undergo fundamental amendments within the framework of simplification of regulatory enactments of the EU CAP. The amendments relate to both the content and procedures of the requirements. The goal is to speed up the conformation and approval of state aid payments and to simplify the requirements for allocation of subsidies. It is envisaged that the amendments would not affect the targets of subsidies but they would provide more earmarked state support.
Vietnam is an emerging market country in South East Asia. Like many countries in the region Vietnam hasadopted a strategy of export lead growth. Recently Vietnam became a lower middle income country but its goal eventually is to reach high income status. Vietnam is a large food producer and exporter. To reach a higher income level Vietnam needs to increase the value added of its products and export more to high income countries. Is it feasible for producers of advanced food processing solutions, including from Europe, to market their products in Vietnam? This article analyses and assesses the seafood and livestock markets. The conclusions show that there are real opportunities for advanced processing solution providers to sell their products in both fisheries and livestock sectors. Growth potential for these providers in the short run seem to be in fisheries sector, while the medium or long term potential, seems to be in the livestock sector.