Search results
Results From The WOW.Com Content Network
Development of agricultural output of Vietnam in 2015 US$ since 1961 Agriculture in Vietnam with farmers. Agriculture's share of GDP has declined in recent years, falling from 42% in 1989, to 26% in 1999. [1] In 2023, agriculture and forestry accounted for about 12% of Vietnam's gross domestic product (GDP). [2]
The Ministry of Agriculture and Rural Development (MARD, Vietnamese: Bộ Nông nghiệp và Phát triển Nông thôn) is a government ministry responsible for rural development and the governance, promotion and nurturing of agriculture and the agriculture industry, in Vietnam.
Anhao Paper Factory, 1961. South Vietnam had a small industrial sector and fell far behind other countries in the region in this respect. [1] Output increased 2.5 to 3 times over the 20 years of the country's existence, but the share in total GDP remained at only around 10%, even dropping to 6% in some years, while the economy was dominated by strong agricultural and service sectors. [1]
Due to the shift of agriculture from self-supporting production to highly intensified cropland systems there has been a total investment of the Vietnamese Government of ~125 trillion VND in irrigation infrastructure during the last four decades. The constructions built during that time include approximately 100 large to medium scale hydraulic ...
Until the French colonization in the mid-19th century, Vietnam's economy had been mostly agrarian, subsistence-based and village-oriented. French colonizers, however, deliberately developed the regions differently as the French needed raw materials and a market for French manufactured goods, designating the South for agricultural production as it was better suited for agriculture, and the ...
Limiting state investment in agriculture, however, did not appear to affect total food production, which increased 19.5 percent from 1980 to 1984. [1] The plan also stressed the development of small-scale industry to meet Vietnam's material needs, create goods for export, and lay the foundation for the development of heavy industry. [1]
Further growth acceleration in Vietnam during the 1990s was brought about through institutional restructuring that created incentives to invest and enhance productivity in a market-oriented economy. For example, the effects on agricultural growth of price liberalization and land titling were dramatic. The rural sector has shown resilience and a ...
It also programs and plans economic management mechanisms and policies for the national economy, for specific sectors as well as for domestic and foreign investments. Foreign investment in Vietnam is governed under the Law on Foreign Investment and its related regulations, decrees and circulars. The four main types of foreign investments in ...