The ratio of total agro-food export value to agricultural GDP was 70-80% in the early 2010s, much higher than in China or Indonesia and equal to the ratio of total Viet Nam’s exports to total GDP. While Viet Nam has maintained growth rates higher than most other countries in the region, the gradual slowdown in more recent years is noticeable. Most likely, the rates would have declined still further in the last period had there not been the agricultural price boom that elevated many world prices by a factor of two. This might be taken as a warning signal that the earlier sources of the sector’s boom based on institutional reforms and expanding use of cheap resources have begun to be exhausted.