Publication:
Taking Stock, December 2016: An Update on Vietnam's Recent Economic Developments

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dc.contributor.authorWorld Bank
dc.date.accessioned2016-12-14T22:54:11Z
dc.date.available2016-12-14T22:54:11Z
dc.date.issued2016-12
dc.description.abstractOver recent decades, Vietnam’s agricultural sector has made enormous progress, realizing major gains in productivity and output and contributing to national goals related to food security, poverty reduction, social stability, and trade. Nevertheless, there are growing concerns related to the quality and sustainability of Vietnam’s agricultural growth and related patterns of development. A comparatively low quality of growth is manifested by low smallholder farmer profitability, considerable under-employment among agricultural workers, mixed or uncertain product quality and food safety, low value addition, and limited technological or institutionalinnovation. Some agricultural growth has come at the expense of the environment in the forms of deforestation, biodiversity loss, land degradation, water pollution, and greenhouse gas emissions. In most locations, agricultural growth has involved an increase in cropping areas or intensities and ever higher uses of inputs and natural resources. Hence, more output has come from more and more inputs and increasing environmental costs. Vietnamese agriculture now sits at a turning point. The sector now faces growing domestic competition—from cities, industry, and services—for labor, land and water. Rising labor costs are beginning to inhibit the sector’s ability to compete internationally as a low cost producer of bulk undifferentiated commodities. The country’s ruralyouth have rising aspirations for living standards. Vietnam’s expanding consumer class and trade partners are expecting higher standards, both for products and production practices. Going forward, Vietnam’s agriculture will need to generate ‘more from less’. That is, it will need to generate more economic value—and farmer and consumer welfare—using less natural and human resources and without degrading the environment. It will need to rebrand itself and increasingly compete on the bases of innovation, reliable supply, predictable quality, and assured food safety and environmental protection.en
dc.identifierhttp://documents.worldbank.org/curated/en/608961480599012554/Taking-stock-an-update-on-Vietnams-recent-economic-developments-Special-focus-transforming-Vietnamese-agriculture-gaining-more-from-less
dc.identifier.doi10.1596/25748
dc.identifier.urihttps://hdl.handle.net/10986/25748
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Hanoi
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjecteconomic growth
dc.subjecteconomic outlook
dc.subjectfiscal trends
dc.subjectfiscal risks
dc.subjectagricultural policy
dc.subjectland use
dc.subjectirrigation
dc.subjectclimate change
dc.subjectvalue chains
dc.subjectcompetitiveness
dc.subjectfood safety
dc.titleTaking Stock, December 2016en
dc.title.alternativeĐiểm lại : Cập nhật tình hình Phát triển Kinh tế Việt Nam - Chuyên đề : Chuyển đổi nông nghiệp của Việt Nam - Tăng giá trị giảm đầu vàoen
dc.title.subtitleAn Update on Vietnam's Recent Economic Developmentsen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleTaking Stock, December 2016
okr.date.disclosure2016-12-01
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/608961480599012554/Taking-stock-an-update-on-Vietnams-recent-economic-developments-Special-focus-transforming-Vietnamese-agriculture-gaining-more-from-less
okr.guid608961480599012554
okr.guid676661480599107823
okr.identifier.doi10.1596/25748
okr.identifier.doihttps://doi.org/10.1596/25748
okr.identifier.externaldocumentum090224b084765a5c_1_0
okr.identifier.internaldocumentum26987839
okr.identifier.report110676
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/608961480599012554/pdf/110676-WP-PUBLIC.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryViet Nam
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Fiscal & Monetary Policy
okr.topicAgriculture::Agricultural Irrigation and Drainage
okr.topicAgriculture::Agricultural Sector Economics
okr.topicAgriculture::Climate Change and Agriculture
okr.unitMacro & Fiscal Mgmt - GP (GMFDR)
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