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In the North, formation of cooperatives had begun in 1959 and 1960, and by 1965 about 90 percent of peasant households were organized into collectives.By 1975 more than 96 percent of peasant households belonging to cooperatives were classified as members of "high-level cooperatives," which meant that farmers had contributed land, tools, animals, and labor in exchange for income.
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In 2010, Asia produced around 90% of the world's rice, and in 2012 some 80% of all duck meat. Asian farmers had a tradition of fattening ducks on rice paddies, though this was achieved in different ways. Integrated rice-duck farming uses hybrid ducks such as Aigamo that avoid eating the leaves of rice plants.
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.
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]
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.
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.
The water availability in Vietnam is supposed to be 830-840 billion m 3 annually from which approximately 37% is generated on Vietnamese territory. More than 2,000 rivers (with a length >10 km) and more than 100 main rivers belong to Vietnam. 13 of these rivers have a basin area of more than 10,000 km 2 with 10 being