Vietnam's agriculture

culture is an significant economic activity in Vietnam, with reach existence the key driver of the agriculture sector. In fact, Vietnam?s gross domestic product by countrified parcel is the highest in the South eastmost Asia region, comp bed to countries that have significant agricultural activities such as Indonesia, Thailand and Malaysia; close 68% as oppose to 51%, 57% and 14% respectively . When Vietnam was affected by the Asian Financial Crisis in 1998 and 1999, where the GDP dropped drastically to 5.77% and 4.77% respectively, the Agriculture sector was not greatly affected, although the contribution to the GDP yield showed gradual decrease everyplace the eld. This could be collect to the replacement to a manufacturing-based economy. Nevertheless, based on a report by MARD, agriculture products contributed about 4.224 one thousand million USD to the numerate export value of 5.9 billion in the setoff 10 months of 2006. Thus it is evident that agriculture still plays an burning(prenominal) part in Vietnam?s economy. Vietnams? food crops have the largest sidetrack and accounts for about 50% of the broad(a) agricultural production from year 1995 to 2001, growing at a rising trend. Most of this 50% output are sieve productions.

Vietnam is the 2nd largest sift exporter in South east Asia after Thailand with a per capita production of 338kg due to fertile state in deltas such as the Mekong Delta. Vietnam?s export of strain is experiencing growth for the last 17 years in the 1989-2005 flow . In 2005, Vietnam?s export of rice reached an all eon high, with an export volum e of 5170 thousand measured tones, in neig! hboring with higher world market prices for rice driving the total export value to USD 1.28 billion. The rise of export and the price of rice are mainly because of higher yields as well as usage of chemical fertilizers despite... If you want to vex a effective essay, order it on our website: OrderCustomPaper.com

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