Abstract
Based on secondary data from Uncomtrade, the article uses a gravity model to assess intra-industry trade of agricultural products between Vietnam and some WTO member countries. Research results show that in the period 2009-2018 Intra-agricultural trade between Vietnam and WTO member countries tends to increase over time as shown by the infra-agricultural trade index of agricultural products IIT. Productivity between Vietnam and China, Indonesia, Japan, Singapore, and Thailand were higher than other countries and relatively stable in the period 2009-2018. In addition, the results of quantitative analysis model show economic scale factors, per capita income, geographical distance, extent of economic openness, population size, and agricultural land area have a positive impact on intra-agricultural trade of Vietnam and some WTO member countries.
Highlights
Vietnam is a country with developed agriculture and has achieved rapid and stable growth over the past four decades
The structure has shifted towards more efficiency, especially since Vietnam actively integrates into the world economy with the participation of large economic organizations like the WTO
The results show that factors such as Gross domestic product (GDP), transportation costs, geographical distance, income of the population and exchange rate have a certain impact on Vietnam's internal exports of processed goods with other countries. members of APEC
Summary
Vietnam is a country with developed agriculture and has achieved rapid and stable growth over the past four decades. Despite the impact of the economic recession, agriculture was still the industry with higher export turnover than imports in the 2011-2018 period. In the current context of globalization and international integration, there are new manifestations of the role of international trade. This process has had a huge impact on the world economy and especially facilitated the development of trade in both width and depth. The second approach towards modern trade practice, this topic is conducted to identify the nature and trend of intraindustry trade activities between Vietnam and some typical countries in commercial relations on agricultural products, that is to identify the factors and the extent to which they affect intra-industry trade.
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