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Vietnam is a dynamic developing economy with a relatively high growth rate. The energy sector plays a key role in promoting the country's socio-economic development. Vietnam has a diverse energy fuel resource of various types such as coal, natural gas, petroleum, hydropower and renewables such as solar and wind energy.
GDP per capita development in Vietnam. The economy of Vietnam is a developing mixed socialist-oriented market economy. [3] It is the 33rd-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 data below does not seem to include shale oil and other unconventional sources of oil such as tar sands. For instance, North America has over 3 trillion barrels of shale oil reserves, [ citation needed ] and the majority of oil produced in the US is from shale, leading to the paradoxical data below that the US will finish all its oil at ...
Vietnam wind resources are mostly located along its coastline of more than 3,000 km, and in the hills and highlands of the northern and central regions. [37] A World Bank ESMAP study (see the table below) estimated that over 39% of Vietnam's area had annual average wind speed over 6 m/s at a height of 65m, equivalent to a total capacity of 512 ...
Vietnam has abundant surface and ground water resources. [11] Nevertheless, local shortages can occur during the dry season. For example, the basins of the Dong Nai River in South Vietnam, the Southeast River Cluster, Ma River in North Central Vietnam, Kone River and Huong River are expected to be at risk of exceeding projected water needs in ...
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.
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
In Vietnam, agriculture, forestry and fisheries, are important sectors of the economy, accounting for 21 percent of GDP in 2009. [5] Vietnam possesses certain comparative advantages in agriculture and forestry due to the country's abundance of factors in favor of productive crop like cultivation land, forest cover, sea territories, tropical ...