This is the sanguine assessment made by the general investigating report on rural areas, agriculture and fisheries done by the General Statistics Office of Vietnam during 2016.
Agriculture, forestry and fisheries will be restructured based on a model of expanding production scale and reducing small businesses, according to the report. Besides, thanks to the utilization of VietGAP, science technology application and value-chain connections will increase, resulting in efficient manufacturing and quality output.
Noticeably, only half of the businesses make profits, which proves the inefficiency of the production models and fields. According to experts, large-scale agriculture needs to be based on pooling land, improving labor quality and science technology investment match with manufacturing in value chains.
