Some business fields to face big challenges in 2017
The severe weather conditions in the first months of 2016 with drought and saline intrusion dealt a strong blow on Vietnam’s agriculture, leading to minus growth rate of the sector in the first half of the year. Agricultural production, which has just recovered from the damage and regained positive growth in the second half, will have to struggle with natural calamities and climate change in 2017. NCIF (the National Center for Socio-economic Information and Forecast) has warned that Vietnam’s rice export would see more difficulties this year because Mekong Delta, Vietnam’s rice granary, is facing severe weather conditions. Regarding the construction and industry sector, to become the leading sector in the economy, it will still need to wait for new policies from the government and for trade agreements to take effect.
