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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] However, agricultural employment was much higher than agriculture's share of GDP; in 2005, approximately 60 percent of the employed labor ...
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]
Land reform in Vietnam began in the political turmoil following World War II in which a civil war pitted the communist Viet Minh against the French colonists and their supporters. At that time a large percentage of agricultural land was owned by large landowners and the majority of the rural population of Vietnam owned only small plots of land ...
The Republic of Vietnam (South Vietnam) had an open market economy mostly based on services, agriculture, and aid from the United States. Though formally a free market economy, economic development was based largely on five-year economic plans or four-year economic plans. Its economy stayed stable in the 10 first years, then it faced ...
Vietnam National University of Agriculture (or VNUA) (Vietnamese: Học viện Nông nghiệp Việt Nam), until 2014 Hanoi University of Agriculture (HUA), is an education and research university specializing in the agricultural sector. The university is located in Trau Quy town, Gia Lam district, a Hanoi suburban area, about 12 km far from ...
The economy of Vietnam is a developing mixed socialist-oriented market economy. [3] It is the 35th-largest economy in the world by nominal gross domestic product (GDP) and the 26th-largest economy in the world by purchasing power parity (PPP). It is a lower-middle income country with a low cost of living.
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.
Coffee production has been a major source of income for Vietnam since the early 20th century. First introduced by the French in 1857, the Vietnamese coffee industry developed through the plantation system, becoming a major economic force in the country. After an interruption during and immediately following the Vietnam War, production rose once ...