Vietnam’s agricultural sector at a crossroads

28 November 2019 East Asia Forum

Author: Nguyen Van Giap, University of Economics Ho Chi Minh City

In 2018, Vietnam’s agriculture sector witnessed its highest growth rate in recent years — 3.76 per cent. Export revenue from the sector was US$40 billion, with a trade surplus of US$8.72 billion. Prime Minister Nguyen Xuan Phuc expressed expectations for the sector to fulfil the aspirations of the nation, and suggested that Vietnam should strive to join the group of 15 largest agricultural nations in the world.

A farmer harvests rice by a paddy field outside Hanoi, Vietnam 10 June, 2019 (Photo: Reuters/Kham).

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