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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]
Thus, for example, heavy industry was intended to serve agriculture on the premise that a rapid increase in agricultural production would in turn fund further industrial growth. With this strategy, Vietnamese leaders claimed that the country could bypass the capitalist industrialization stage necessary to prepare for communism.
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 (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.
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The economy of the nineteenth-century period of the Nguyễn dynasty was primarily agricultural. Ninety-five percent of the national economy depended on agriculture. [1] Fragile Mining and handicraft were the only industry sectors in the country before the 1870s. International trade and business were heavily restricted by the Confucian-minded ...
World leaders are meeting in Paris this month in what amounts to a last-ditch effort to avert the worst ravages of climate change. Climatologists now say that the best case scenario — assuming immediate and dramatic emissions curbs — is that planetary surface temperatures will increase by at least 2 degrees Celsius in the coming decades.
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.