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Agricultural production, the backbone of Vietnam's main development strategy, varied considerably from year to year following the national reunification in 1975. A particularly strong performance in agriculture was recorded in 1976—up more than 10 percent from 1975.
Vietnam has also developed a set of national development strategies for selected sectors of the economy, many of which involve science and technology. Examples are the Sustainable Development Strategy (April 2012) and the Mechanical Engineering Industry Development Strategy (2006), together with Vision 2020 (2006). These dual strategies call ...
The Ministry of Agriculture and Rural Development has been developed since 1987 by the combination of different government ministries: Ministry of Agriculture, Ministry of Food, combined to the Ministry of Agriculture and Food Industry in 1987; the subsequent addition of the Ministry of Forestry and the Ministry of Irrigation to form today's Ministry; as well as the addition of the Ministry of ...
Timeline Milestone November 1965 A historic meeting of education ministers of Thailand, Lao PDR, Malaysia, Philippines, Singapore, and Vietnam, and United States government representative paved the way for an interim Southeast Asian Ministers of Education Secretariat (SEAMES) to be formed to draw up priority projects for the region, including instituting a center for graduate study and ...
Thus, for example, heavy industry was intended to serve agriculture on the premise that a rapid increase in agricultural production would in turn fund further industrial growth. [1] With this strategy, Vietnamese leaders claimed that the country could bypass the capitalist industrialization stage necessary to prepare for communism.
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.
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]
In 2023, Vietnam exported 1.62 million tons of coffee. [7] Vietnam is the second largest producer in the world after Brazil, with Robusta coffee accounting to 97 per cent of Vietnam's total output. [8] However, coffee farmers in Vietnam have always experienced cycles of boom and bust since the 1980s, making the industry a highly volatile one.