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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 ...
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] The Mekong Delta is the heart of the rice-producing region of the country where water, boats, houses and markets coexist to produce a generous harvest of rice. [ 2 ]
History of Vietnam. Until French colonization in the middle of the 19th century, the economy of Vietnam was mainly agrarian and village-oriented. However, French colonizers deliberately developed the regions differently, designating the South for agricultural production and the North for manufacturing. Though the plan exaggerated regional ...
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]
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.
Irrigation in Vietnam. Although it is a country of high annual rainfall, irrigation in Vietnam is widespread. The reason is the uneven distribution of rainwater in space and in time. Irrigation management is mainly dominated by the state whereas there have been certain reforms leading to change during the last years.
Vietnam National University of Agriculture was established in Hanoi on October 12, 1956, first called University of Agriculture and Forestry, based in Van Dien ( Hanoi ). The first Rector was Prof. Bui Huy Dap, the first vice-rector was the agronomist Luong Dinh Cua. In 1959, the school moved to the present location, Trau Quy, Gia Lam, Hanoi.
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 ...