Agricultural Restructure Policy in Vietnam and Practical Application for Sustainable Development in Agriculture

Abstract

Recently, effective agricultural policies necessitate sustainable development in the agricultural sector, which necessitates frequent research and the attention of policymakers. Consequently, this study investigates the effect of agricultural restructuring policies on agricultural import, agricultural export, agricultural employment, agricultural irrigation land, and agricultural land on the sustainable development of agriculture in Vietnam. From 1991 to 2021, the researchers extracted secondary data from secondary sources such as World Development Indicators (WDI). The researchers also used the non-linear autoregressive distributed lag (NARDL) method to examine the relationships between the variables. The results revealed that agricultural restructuring policies regarding agricultural import, agricultural exports, agricultural employment, agricultural irrigation land, and agricultural land have a positive correlation with Vietnam's agriculture's sustainable development. The research assists policymakers in formulating regulations for achieving sustainable agricultural development by implementing effective agricultural restructuring policies.