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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 water availability in Vietnam is supposed to be 830-840 billion m 3 annually from which approximately 37% is generated on Vietnamese territory. More than 2,000 rivers (with a length >10 km) and more than 100 main rivers belong to Vietnam. 13 of these rivers have a basin area of more than 10,000 km 2 with 10 being
Vietnam also lags behind China in terms of property rights, the efficient regulation of markets, and labor and financial market reforms. State-owned banks that are poorly managed and suffer from non-performing loans still dominate the financial sector. [3] Vietnam had an average growth in GDP of 7.1% per year from 2000 to 2004.
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The economy of the nineteenth-century period of the Nguyễn dynasty was primarily agricultural. Ninety-five percent of the national economy depended on agriculture. [1] Fragile Mining and handicraft were the only industry sectors in the country before the 1870s. International trade and business were heavily restricted by the Confucian-minded ...
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]
Rice production in Vietnam in the Mekong and Red River deltas is important to the food supply in the country and national economy.Vietnam is one of the world's richest agricultural regions and is the second-largest (after Thailand) exporter worldwide and the world's seventh-largest consumer of rice. [1]
Vietnam's ethnic mosaic results from the peopling process in which various peoples came and settled the territory, leading to the modern state of Vietnam by many stages, often separated by thousands of years over a duration of tens of thousands of years. Vietnam's entire history, thus, is an embroidery of polyethnicity. [14]