A report released Monday by the Asian Development Bank forecasts Vietnam’s GDP growth to continue its ascent on improvements in manufacturing, construction, wholesale and retail trade and tourism sectors, reports Saigon Giai Phong Daily.
Despite expectations of depressed global and regional trade flows, record inflows of foreign direct investment will help lift export earnings.
The country’s agricultural sector, however, continues to lag behind that of other regional economies, and requires reforms to increase productivity.
Vietnamese agricultural output per worker is less than one-third of Indonesia’s and less than half that of the Philippines and Thailand, according to the report.
You ever try farming on land rife with American cluster bombs left over from the war? Vietnamese farmers are very hanrdworking but no one likes to have their legs blown off or farm on fertile land contaminated with agent orange!
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