Vietnamese Agriculture before and after Opening Economy
2020
The output of paddy has been increased from 16.4
million tons in 1987 to 50.4 million tons in 2015, with average food per capita
doubling from 275 kg/person (1985) to 550 kg/person (2015). Exports of
agricultural, forestry and fishery products
in 2017 reached USD 36.7 billion, an increase of 14.05% over 2016. The main
causes of this strong growth have been the economic transition from only two
main business sectors in agriculture, namely state-owned farms and agricultural
cooperatives to more diversify economic activity; and a shift from the
centralized economy to a market economy. The most impressive leap was after the
10-NQ/TW Politburo Resolution in 1988. Resolution 10 derestricted farmers,
allowing a market economy to emerge.
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