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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 ...
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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]
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.
A study also shows that rural-to-urban area migrants have a higher standard of living than both non-migrants in rural areas and non-migrants in urban areas. This results in changes to economic structures. In 1985, agriculture made up 37.2% of Vietnam's GDP; in 2008, that number had declined to 18.5%. [386]
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
[3] [4] [5] It is the first state-owned commercial bank of Vietnam, established with the objective of focusing credit resources to serve the development of agriculture, farmers, and rural areas. [6] By 2000, Agribank had 2,300 branches and transaction offices nationwide, accounting for 40% of the agricultural credit market share.
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.