Business

Topic:

With potential geopolitical clashes, continued volatility in currency markets and prospects of slow economic growth in UK and EU, what are the implications of the Brexit crisis on Vietnam’s financial economy in the short term (next few months), medium term (2-5 years) and long term (5-10 years).

The impact of the "Brexit" to agriculture of Vietnam.

CONTENT

June 23, 2016, 51.9% of British votes separated from the European Union (EU). The decision was referred to the so-called "Brexit". The economy of the nations of the world will be faced with many changes. Vietnam economy in general and Vietnam's agricultural industry in particular will not be the exception.

I. Overview of Vietnam's agricultural sector.

Vietnam is in the process of development. In particular, agriculture is still the most important sector for Vietnam at the present time. We can see this clearly. Currently, 70% of the population live in rural areas, 50% of the national workforce are employed in the agricultural sector. (General Office for Population Family Planning, 2016). Total domestic product (GDP) in 2015 rose 6.68% estimates compared to 2014's 6.68% growth in the overall economy, the agricultural sector despite the increase as low as 2.03%, but provided the largest model in the region (about 75%) should contribute 0.26%. This is explained by us were subject to the influence of natural disasters, droughts, epidemics in 2015. (General Statistics Office Of Vietnam, 2016). Vietnam is a country with a long tradition in agriculture. Vietnam has many natural advantages. However, the climate change is increasingly serious, Vietnamese have exploited the natural resources of excessive. These favorable factors from natural are losing. Besides, scientific and technical qualifications of Vietnam is still very backward compared to other countries in the world. Therefore, Vietnam's agriculture remains underdeveloped such as its true potential. The agriculture of Vietnam is...