Search results
Results from the WOW.Com Content Network
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.
In 2001, Vietnam sent a letter of intent to the IMF to receive a loan to fund the Poverty Reductions and Growth Funds arrangement. [9] In order to create a greater macroeconomic stability for Vietnam they would rely on the monetary policy while under shock scenarios as it has proven to lift off interest rates.
It is a lower-middle income country with a low cost of living. Vietnam is a member of the Asia-Pacific Economic Cooperation, the Association of Southeast Asian Nations and the World Trade Organization. Since the mid-1980s, through the Đổi Mới reform period, Vietnam has made a shift from a highly centralized planned economy to a mixed economy.
This is the map and list of Asian countries by monthly average wage (annual divided by 12 months) gross and net income (after taxes) average wages for full-time employees in their local currency and in US Dollar.
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]
This is a timeline of Vietnamese history, comprising important legal and territorial changes and political events in Vietnam and its predecessor states. To read about the background to these events, see History of Vietnam. This is a dynamic list and may never be able to satisfy particular standards for completeness. You can help by adding missing items with reliable sources. Prehistory ...
In his book Vietnam: a History (Viking,1983) Stanley Karnow describes his observations: In the last week of November . . I drove south from Saigon into Long An, a province in the Mekong Delta, the rice basket of South Vietnam where 40 per cent of the population lived. There I found the strategic hamlet program begun during the Diem regime in ...
The percentage of people living in slums dropped from 60.5% in 1992 to 13.8% living in slums by 2018. [ 24 ] Furthermore, the climate of Vietnam is heavily prone to floods from a number of sources: typhoons; seasonal monsoons, with the South Asian monsoon in the summer, and the East Asian monsoon in the winter; and rising sea levels as a ...