Vietnam’s agriculture to recover in 2017

Vietnam’s GDP is expected to be 6.4%, higher than the previous year, thanks to an agricultural recovery. 

Moreover, Vietnam has managed to diversify its export markets and products so it may avoid external shocks and negative impacts caused by other markets, said Ms. Eugenia Victorino, ANZ Bank economist on Mekong Sub-region and ASEAN.

The year of 2016 witnessed a 1.36% rise in agriculture, a record low since 2011. Experts of ANZ believe that Vietnam’s agriculture will get out of the hard bottom and become the main driving force for Vietnam’s GDP growth.

They also highly value Vietnam’s industrialization process, which saw fine outcomes in 2016, and is likely to attain more achievements in 2017.

They affirm that Vietnam will take the lead in the last wave of industrialization in the Southeast Asian region, thanks to its location on the important transport corridor. Vietnam operates important shipping routes connecting China, India and ASEAN countries. Thanks to its location and industrialization process, Vietnam will become a bridge connecting ASEAN’s peripheral economies to the entire Southeast Asia.

The experts still look on the optimistic side of the Vietnamese ASEAN although the Trans-Pacific Partnership has officially been cancelled by the US.

The cancelation of TPP could only reduce the foreign investment flow in the country to produce exports to the US. However, Vietnam’s export turnover to the US accounts only for 22% of the total revenue. As a result, the diversified export market of Vietnam will not be heavily affected, stated Mr. Khoon Goh, Head of Analysis Division of ANZ.

However, the recovery of the US economy together with the tightened monetary policy will have certain impacts on investment flows in Vietnam. Particularly, FED’s potential plans to increase interest rates may lead to a drop in indirect investment flows into the country. However, Mr. Khoon Goh still believes that indirect investment flows will not be affected.

By Duy Tien

Other News

Data-driven land valuation to curb speculation: Experts

Data-driven land valuation to curb speculation: Experts

From a property-market perspective, Do Thi Thu Giang, National Director of Valuation and Advisory at Savills Vietnam, said the orientations under Resolution No. 21-NQ/TW could make the market more transparent and efficient, with property values increasingly tied to actual development and use potential.

Resolution No. 19-NQ/TW sets new growth drivers for Vietnam

Resolution No. 19-NQ/TW sets new growth drivers for Vietnam

Science and technology, innovation, digital transformation and AI must be translated into higher productivity rather than pursued as ends in themselves. At the same time, people should be placed at the centre of development, not merely viewed as a resource but as the ultimate objective of development policies.

Expo to open door for Vietnamese suppliers to enter US market

Expo to open door for Vietnamese suppliers to enter US market

US retail giant Target is seeking Vietnamese suppliers of household goods, home textiles, children’s products, personal care and beauty products, with a focus on companies capable of manufacturing and developing products that meet requirements on quality, design and supply chain management.

2026 Banking Sector Digital Transformation to open in Hanoi

2026 Banking Sector Digital Transformation to open in Hanoi

The annual event, which will be held on August 18-19, 2026, at the ICE International Exhibition Centre, 91 Tran Hung Dao Street, Hanoi, is expected to attract around 324 delegates and feature 21 booths representing credit institutions, payment intermediary service providers, and technology companies.

Vietnam – one of most attractive destinations for leading US semiconductor companies: expert

Vietnam – one of most attractive destinations for leading US semiconductor companies: expert

Vietnam has built a solid semiconductor and electronics industry before joining ITSI, attracting major US semiconductor companies. Intel Products Vietnam is one of Intel's largest assembly and testing facilities worldwide, while chip design companies such as Synopsys, Cadence, Marvell and Qualcomm have established engineering and research centres in the Southeast Asian country.

Vietnam targets higher-quality FDI under Resolution 10

Vietnam targets higher-quality FDI under Resolution 10

During the first seven months of 2026, Vietnam attracted more than 38 billion USD in registered FDI, up nearly 58% year-on-year. More importantly, the increase was driven by large-scale, high-tech projects rather than a surge in the number of new investments, signalling a significant improvement in the quality of capital inflows.

Manufacturing, engineering drive hiring growth in H1: report

Manufacturing, engineering drive hiring growth in H1: report

Manufacturing and engineering posted the strongest recruitment growth, with hiring demand surging 70% year-on-year, driven by production expansion, supply chain restructuring and sustained investment inflows in high-tech manufacturing.

Government proposes special mechanisms to unblock APEC 2027 projects in Phu Quoc

Government proposes special mechanisms to unblock APEC 2027 projects in Phu Quoc

The projects in Phu Quoc have been implemented under tight deadlines. Since May 2025, the Prime Minister has directed preparations for APEC 2027, including accelerated infrastructure development on the special zone. An Giang province and investors have subsequently launched a number of major projects involving complex technical requirements and demanding construction schedules.

Financial market reform plan targets high, sustained growth through 2045

Financial market reform plan targets high, sustained growth through 2045

The plan seeks to develop a balanced and modern financial market that is closely integrated with regional and global markets, strengthens the mobilisation and allocation of domestic and foreign capital, and enhances the market’s role as a key provider of medium- and long-term capital for the economy and as a major driver of sustained high economic growth.

An Giang aims to become leading maritime economic hub

An Giang aims to become leading maritime economic hub

Under the province's master plan for 2021–2030 with a vision to 2050, An Giang will prioritise investment in five strategic sectors: strategic infrastructure; processing industries and clean energy; trade, services, logistics and border-gate economy; high-quality tourism; and high-tech agriculture, ecological development and the circular economy.