CURRENT STATUS AND PROBLEMS OF VIETNAMESE AGRICULTURAL SECTOR

Abstract

Basing on the secondary data collected from the General Statistics Office of Viet Nam, this article describes the actual situation in Vietnamese agricultural sector through the contribution of agriculture to the economic growth and GDP of Vietnam, the export value of agricultural sector in the total export value of Vietnam, labor productivity of the agricultural sector and investments in the agricultural sector. Beside many achievements, the agricultural sector is currently facing a lot of challenging issues: (a) labor productivity is still low; (b) the use of funds is inefficient although capital investment in agriculture increased rapidly over the years; (c) the growth rate of agricultural sector is still low due to small-scale production; (e) disease issues, sanitary and phytosanitary safety; (f) food safety, (g) environmental pollution from cultivation and livestock farming have not been strictly controlled. Stemming from all these facts, this article proposes some recommendations which can contribute to overcoming the problems and developing the agricultural sector in the future.