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An estimated 86 percent of Vietnam’s export merchandise came from the manufacturing sector in 2022, compared to just 49 percent in 2002. These exports have increased in value too. In 2002, Vietnam exported goods and services to the tune of US$19.19 billion. In 2022, that number had climbed to US$384.22 billion. [2]
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Manufacturing, information technology and high-tech industries now form a large and fast-growing part of the national economy. Though Vietnam is a relative newcomer to the oil industry , it is currently the third-largest oil producer in Southeast Asia, with a total 2011 output of 318,000 barrels per day (50,600 m 3 /d). [ 1 ]
Industry research organisations under the purview of the Ministry include the following; organisation is located in Hanoi except where noted: [2] Institute for Industry Policy and Strategy (IPS), Director General: Dr. Phan Dang Tuat
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 ...
Vinacomin (Vietnam National Coal and Mineral Industries Group, Vietnamese: Tập đoàn công nghiệp Than và Khoáng sản Việt Nam (TKV)) is a Vietnamese mining company. The industrial conglomerate focuses on coal and mineral mining and has headquarters in Hạ Long, Quảng Ninh Province.
Germany topped the 2020 CIP Index, followed by China, South Korea, the United States, and Japan. [64] [65] In 2023, the manufacturing industry in the United States accounted for 10.70% of the total national output, employing 8.41% of the workforce. The total value of manufacturing output reached $2.5 trillion.
Manufacturing USA (MFG USA), previously known as the National Network for Manufacturing Innovation, is a network of research institutes in the United States that focuses on developing manufacturing technologies through public-private partnerships among U.S. industry, universities, and federal government agencies.