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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]
The Ministry of Agriculture and Rural Development (MARD, Vietnamese: Bộ Nông nghiệp và Phát triển Nông thôn) is a government ministry responsible for rural development and the governance, promotion and nurturing of agriculture and the agriculture industry, in Vietnam.
During 2008, the Vietnam Food Association, had set a target of record production of 36.5 million tonnes of rice. [5] However, during 2010 the rice industry was under serious threat due to a heat wave of above 35 °C (95 °F) for at least three consecutive months as of March 2010 indicating a likely drop in rice production.
In nearby Vietnam, the heat wave brought intense droughts to the south – driving temperatures up to nearly 104 degrees Fahrenheit and wreaking havoc on the country’s vital agriculture industry.
Along with climate and corresponding types of vegetation, the economy of a nation also influences the level of agricultural production. Production of some products is highly concentrated in a few countries, China, the leading producer of wheat and ramie in 2013, produces 95% of the world's ramie fiber but only 17% of the world's wheat.
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.
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]
Agriculture companies of Vietnam (1 C, 2 P) D. Dairy farming in Vietnam (1 C) F. Forestry in Vietnam (3 P) O. Agricultural organizations based in Vietnam (5 P)