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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 is called ‘white gold’ in Vietnam and has a link to the Sanskrit name ‘Dhanya’ (meaning: "the sustainer of the human race"), the name given to Rice in India. In Vietnam, there is a folklore that is narrated on rice. According to the folk legend, in ancient times, rice was not produced but was summoned by fervent prayers by people.
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]
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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.
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]
Shifting cultivation in Indonesia. A new crop is sprouting through the burnt soil. A growing body of palynological evidence finds that simple human societies brought about extensive changes to their environments before the establishment of any sort of state, feudal or capitalist, and before the development of large scale mining, smelting or ...