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Vietnam had an average growth in GDP of 7.1% per year from 2000 to 2004. The GDP growth was 8.4% in 2005, the second largest growth in Asia, trailing only China's. Government figures of GDP growth in 2006, was 8.17%. According to Vietnam's Minister of Planning and Investment, the government targets a GDP growth of around 8.5% for 2007.
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]
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]
In southern Vietnam, the production of industrial crops for export, notably rubber, began on a large scale. Vietnam was managed by the French primarily to produce revenue which was attained by exports, taxation and government monopolies. By the 1930s, one result of French economic exploitation was a serious problem of unequal land distribution. [4]
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 ...
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]
CORDS (Civil Operations and Rural Development Support) was a pacification program of the governments of South Vietnam and the United States during the Vietnam War.The program was created on 9 May 1967, and included military and civilian components of both governments.
The project of land reform in North Vietnam was a product of the interplay of complex internal and external factors. On 9 March 1945, several years after occupation in Indochina, Japan instigated a military coup, overthrew the Vichy French administration in Indochina and established a puppet indigenous government headed by Tran Trong Kim and Bảo Đại.