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Structure of Agricultural, Forestry and Fishery Sector in the Vietnam Economy: An Input – Output Analysis

Author

Listed:
  • Trung Hieu Le
  • Thai Nguyen Quang
  • Trinh Bui
  • Hau Nguyen Thi

Abstract

Every country has agriculture, but only some Asian countries, including Vietnam have a predominant culture of agriculture. In recent decades, it seems that economic and agricultural development is trying to change the purity of Vietnamese people with the "industrialization and modernization" movement, trying to force the Vietnamese people to adopt modern practices instead of reaping the benefits of cultivation, thus breeding become workers. When Vietnamese people's strengths are not used and promoted, they are forced to use their weaknesses. Thus, failure is almost inevitable. In Vietnam, the importance of an industry, or group of industries, is usually measured by the share of the value added of the industry (or group of industries) of GDP. This can lead to misunderstandings regarding the importance of that sector. This study examines the change in the interactions between agriculture, forestry, and fisheries with other sectors of the economy based on the structure of the 2012 and 2016 Input/Output (I/O) tables of Vietnam.

Suggested Citation

  • Trung Hieu Le & Thai Nguyen Quang & Trinh Bui & Hau Nguyen Thi, 2022. "Structure of Agricultural, Forestry and Fishery Sector in the Vietnam Economy: An Input – Output Analysis," Journal of Accounting, Business and Finance Research, Scientific Publishing Institute, vol. 14(1), pages 8-18.
    • Handle: RePEc:spi:joabfr:v:14:y:2022:i:1:p:8-18:id:496
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