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Development of agricultural output of Vietnam in 2015 US$ since 1961 Agriculture in Vietnam with farmers. 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]
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]
The Ministry of Agriculture and Rural Development has been developed since 1987 by the combination of different government ministries: Ministry of Agriculture, Ministry of Food, combined to the Ministry of Agriculture and Food Industry in 1987; the subsequent addition of the Ministry of Forestry and the Ministry of Irrigation to form today's Ministry; as well as the addition of the Ministry of ...
Vietnamese Prime Minister Pham Minh Chinh on Wednesday asked U.S. Treasury Secretary Janet Yellen to support granting the communist country "market economy" status and help ease other trade ...
The International Fund for Agricultural Development (IFAD) is an international financial institution and a specialized agency of the United Nations dedicated to eradicating rural poverty in Vietnam and other developing countries. IFAD supports more than 200 ongoing programmes and projects around the world.
Until the French colonization in the mid-19th century, Vietnam's economy had been mostly agrarian, subsistence-based and village-oriented. French colonizers, however, deliberately developed the regions differently as the French needed raw materials and a market for French manufactured goods, designating the South for agricultural production as it was better suited for agriculture, and the ...
In “ Vietnam: The War That Changed America,” a six-part docuseries debuting Friday on Apple TV+, Broyles recounts how he was so scared in his first firefight that he lost his voice and had to ...
HANOI (Reuters) -Russian President Vladimir Putin will visit Hanoi this week, Vietnamese and Russian state media said on Monday, highlighting Communist-ruled Vietnam's loyalty to Russia and ...