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Topic: Economy of Vietnam


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In the News (Mon 21 Dec 09)

  
  The Economy of Vietnam
The actual potential for economic growth based on Vietnam's wealth of natural resources, however, is being rendered increasingly problematic by population growth, environmental degradation, and rising domestic demand, and the country remains one of the poorest in the world.
Vietnam began to move away from a state-controlled, centrally planned, subsidized economy toward one that utilized market forces and incentives and tolerated private enterprise--albeit under continuing government control.
Vietnam's efforts to increase trade with capitalist countries as part of its larger program of economic reforms took on added urgency with the breakup of the Soviet Union and the demise of the communist governments in eastern Europe in the late 1980s and early 1990s, because trade with these areas was drastically reduced.
www.tuvy.com /Countries/vietnamese/economy_of_vietnam.htm   (1601 words)

  
  Vietnam ECONOMY
Wet-rice agriculture is the most important segment of the Vietnamese economy, and approximately 63% of the population was engaged in agriculture in 2002, down from 66% in 1997, producing 25% of the GDP.
Vietnam's economy had already been weakened by the military effort in Kampuchea (known as Cambodia until 1976 and again after 1989) and by the suspension of food aid from the EC, the United Kingdom, Australia, and New Zealand because of objections to Vietnam's refugee policies.
Several factors contributed to Vietnam's growing unemployment: natural increases in the population; monetary and other adjustments for hyperinflation, which intensified the unemployment problem by limiting growth in some sectors of the economy; the return of demobilized troops from Cambodia; repatriation of refugees; workers laid off from state enterprises; and returning guest workers.
www.nationsencyclopedia.com /Asia-and-Oceania/Vietnam-ECONOMY.html   (752 words)

  
 Kids.Net.Au - Encyclopedia > Economy of Vietnam
Vietnam is a poor, densely populated country that has had to recover from the ravages of war, the loss of financial support from the old Soviet Bloc, and the rigidities of a centrally planned economy.
The 1997 Asian financial crisis highlighted the problems existing in the Vietnamese economy but, rather than prompting reform, reaffirmed the government's belief that shifting to a market oriented economy leads to disaster.
GDP growth of 8.5% in 1997 fell to 4% in 1998 and rose slightly to an estimated 4.8% in 1999.
www.kids.net.au /encyclopedia-wiki/ec/Economy_of_Vietnam   (515 words)

  
 Vietnam History, People, Economy, Geography, Government
By the end of the 17th century, Vietnam had occupied the lower Mekong delta and began to advance to the west, threatening to transform the disintegrating Khmer state into a mere protectora.
In 1976 the South was reunited with the North in a new Socialist Republic of Vietnam.
Vietnam substantially reduced its forces in Laos during 1988 and withdrew virtually all its troops from Cambodia by September 1989.
www.vietventures.com /Vietnam/history_vietnam.asp   (2616 words)

  
 Vietnam's Economy
Though recovery in foreign investment to Vietnam, however strong, is unlikely to reach the levels of the 1995-97 period - because that was exceptional and because overall foreign direct investment flows to the region have declined -- it could be higher than what it is today.
This was included in the report on Vietnam’s economy in 2000 released by the ADB late in November.
Tin Vietnam, the gioi, gia dinh, the thao, cuoi trong ngay,....
www.saigoninfo.com /vanhoa/economy.php   (1979 words)

  
 Welcome to Vietnam Embassy
Before the initiation of the economic renovation policy, Vietnam's trade and economic relation were confined mainly to the former Soviet Union and Eastern European Socialist countries.
At present, Vietnam has economic and trade links with 178 countries and territories, signed bilateral trade agreements with 80 countries of which 72 are Most Favored Nation status, signed agreements on Promotion and Protection of Investment with 45 countries and territories, and agreements on Avoidance of Double Taxation with 36 countries and territories.
Vietnam became an official member of ASEAN in July 1995, a founder member of ASEM in 1996, and has been a full member of APEC since 1998.
www.vietnamembassy.or.th /economy.html   (276 words)

  
 Vietnam Economy
The December 10, 2001, entry-into-force of the Bilateral Trade Agreement (BTA) between the U.S. and Vietnam is a significant milestone for Vietnam's economy and for normalization of U.S.-Vietnam relations.
Vietnam has demonstrated its commitment to trade liberalization in recent years, and integration with the world economy has become one of the cornerstones of its reform program.
Vietnam’s total external debt, accounting for 34% of GDP in 2004, was estimated at around $15.4 billion.
www.traveldocs.com /vn/economy.htm   (1082 words)

  
 Vietnam Economy Travel Guides
Vietnam export markets were generally stable and expanded over last year, especially big markets and newly emerged markets in Africa: America increased by 16.2%, Japan 26.9%, Australia 41.9%, China 8.8% and Singapore 28.5%.
International arrivals to Vietnam in 2005 were estimated at 3.47 million, increasing by 18.4% against 2004, of which arrivals for tourist purpose were 2.04 million, rising by 28.9%; for visiting relatives 505.3 thousand and 8.1%; for other purposes 427.6 thousand and 20.5% respectively; only arrivals for business were 493.3 thousand, decreasing by 5.4%.
Unemployed rate in 2005 continuously fell, as of m-year the rate in labor age group in urban area was 5.3%, falling 0.3 points percent over 2004, that rate met the 5-year plan goal (2001-2005) for decreasing unemployed rate in urban area to under 6% by the end of 2005.
www.paradissa.com /categories/Economy/4/823/content/0   (2470 words)

  
 Vietnam - Economy
Vietnam is a densely-populated, developing country that in the last 30 years has had to recover from the ravages of war, the loss of financial support from the old Soviet Bloc, and the rigidities of a centrally-planned economy.
Vietnam's membership in the ASEAN Free Trade Area (AFTA) and entry into force of the US-Vietnam Bilateral Trade Agreement in December 2001 have led to even more rapid changes in Vietnam's trade and economic regime.
Vietnam is working to create jobs to meet the challenge of a labor force that is growing by more than one million people every year.
www.exxun.com /Vietnam/e_ec.html   (700 words)

  
 Vietnam Economy   (Site not responding. Last check: )
Vietnam occupies a land area of 330,000 sq.
Vietnam’s economy used to be dominated by traditional agriculture and based on central planning and collective ownership.
Vietnam’s Trade Law was adopted, for the first time, in May 1997 by the National Assembly of Vietnam.
www.info.vn /?content=economy&lang=en   (325 words)

  
 Vietnam's economy making strides - Boston.com
Vietnam's economy is making impressive strides, but is still encumbered by obstacles such as poor port facilities, a dearth of highly trained engineers and a university system that doesn't do enough to reward innovation, experts said Thursday.
Vietnam's economy is expected to expand by 8.2 percent this year, the highest rate in Southeast Asia, and government authorities have accelerated market reforms.
Vietnam needs "universities that reward excellence, universities that respond more quickly to demand from industry for innovation, universities that have more autonomy that reward researchers for creativity and initiative," Pincus said.
www.boston.com /news/world/asia/articles/2006/11/16/vietnams_economy_making_strides   (455 words)

  
 VN Embassy : Vietnam Economy and Vietnam - US Economic Relations
Vietnam is a dynamic, stable, and fast-growing economy.
Vietnam is also making numerous improvements to its implementation of WTO rules on sanitary and phytosanitary measures.
Vietnam has offered to open up for branching in insurance (non-life) and securities, and it already provides for bank branching.
www.vietnamembassy-usa.org /news/story.php?d=20060828142242   (1062 words)

  
 Economic and Poltical History of Vietnam (Viet Nam)
Vietnam's foreign trade is on the order of $20 billion per year whereas its total foreign aid is only about $2 billion per year.
Vietnam's trade with the U.S. is growing after a trade pact was agreed upon in 2002.
The textile industry in Vietnam received a quota for exports to the U.S. and the textile trade grew from $47 million in 2001 to $2.4 billion in 2003.
www2.sjsu.edu /faculty/watkins/vietnam.htm   (2105 words)

  
 World Bank Group: Partnerships in Development
In Vietnam, the Bank has been a partner providing guidance on the country's transition from a centrally-planned to an open economy since 1987, when the government invited the Bank to begin a dialogue on economic policy.
Vietnam evolved from an importer of rice to the world's third-largest rice exporter.
Vietnam's growth rate slowed during the 1997/98 Asian financial crisis but by 2002 was back to around 7 percent per year.
www.worldbank.org /progress/vietnam.html   (716 words)

  
 Vietnam Economy Travel Guides
Vietnam export markets were generally stable and expanded over last year, especially big markets and newly emerged markets in Africa: America increased by 16.2%, Japan 26.9%, Australia 41.9%, China 8.8% and Singapore 28.5%.
International arrivals to Vietnam in 2005 were estimated at 3.47 million, increasing by 18.4% against 2004, of which arrivals for tourist purpose were 2.04 million, rising by 28.9%; for visiting relatives 505.3 thousand and 8.1%; for other purposes 427.6 thousand and 20.5% respectively; only arrivals for business were 493.3 thousand, decreasing by 5.4%.
Unemployed rate in 2005 continuously fell, as of m-year the rate in labor age group in urban area was 5.3%, falling 0.3 points percent over 2004, that rate met the 5-year plan goal (2001-2005) for decreasing unemployed rate in urban area to under 6% by the end of 2005.
paradissa.com /categories/Economy/4/823/content/0   (2470 words)

  
 Economy - Vietnam - Asia
During the centuries of Chinese and Vietnamese imperial rule, Vietnam’s society was predominantly agrarian.
Under French colonial rule, agriculture continued to occupy the primary place in the national economy, although emphasis shifted to the cultivation of export crops.
After partition in 1954 the governments of North and South Vietnam sought to develop their national economies, although they established different economic systems with different resources and trading partners.
www.countriesquest.com /asia/vietnam/economy.htm   (251 words)

  
 Vietnam ready to debut on economic world stage | The San Diego Union-Tribune
Vietnam exported $5.56 billion in goods to the United States in the first eight months of this year while importing $625.9 million.
In Vietnam, nearly double-digit growth is starting to produce the same shortages of skilled labor as in India and China.
Phu Than, Intel's country manager for Vietnam and Indochina, was 14 when he was evacuated in the last days before the fall of Saigon, leaving by helicopter with his mother, an employee of the former U.S. Consulate in Da Nang.
www.signonsandiego.com /uniontrib/20061025/news_1n25vietnam.html   (885 words)

  
 Vietnam officially member of WTO - Breaking News - World - Breaking News
Vietnam will be required to slash tariffs and open previously closed sectors of its economy to foreign investors.
Vietnam, in turn, will have increased access to foreign markets and a neutral arbiter to hear disputes that arise with its bigger, more powerful trading partners.
While large, state-owned firms still dominate the economy, the government has sought to level the playing field for foreign and private domestic firms, which are playing an increasingly significant role.
www.theage.com.au /news/World/Vietnam-officially-member-of-WTO/2007/01/11/1168105105565.html   (622 words)

  
 Vietnam Protesters
The Vietnam War was regarded by those who fought it as a struggle to help preserve freedom and democracy for the people of South Vietnam against communist invasion.
In maximizing his appearance as a Vietnam combat hero, and then capitalizing on that appearance to become a widely publicized Vietnam protester, Kerry is only acting true to his character: Throughout his public life Kerry has dramatically reversed his stated opinions whenever it was politically convenient to do so.
Kerry is only one of those who tried to diminish the accomplishments of our Vietnam veterans, and the unity of our Nation, but his continuing political ambitions make it reasonable to describe some of his other public actions in service of....
www.kmike.com /VietnamProtesters.htm   (930 words)

  
 About Vietnam: Introduction
Vietnam is the one of the most populous countries in the world having a population of 79 million which falls into more than 50 ethnic groups.
Vietnam Hanoi, the Capital city, is the largest metropolis except for Saigon, and is the center of politics, economy, culture and transportation in Vietnam.
The way Vietnam has emerged from the tatters of long battles could be compared to the process of a lotus plant pushing up through mud and murky water to emerge as a beautiful blooming flower.
www.evietnamhotel.com /about_vietnam.cfm   (674 words)

  
 Vietnam History | iExplore.com
Vietnam was reunified three years later, with the victory of the Communist forces and the establishment of the Socialist Republic of Vietnam.
The economy of Vietnam was devastated by 30 years of war up to 1975, after which, policy errors and a USA-enforced trade boycott combined to stifle development.
The 1997 Asian financial crisis put a temporary brake on the economy but annual growth has since recovered to 8.4 per cent in 2005; average inflation was 4.4 per cent between 2001 and 2005, and unemployment has hovered around 6 or 7 per cent in the past few years.
www.iexplore.com /dmap/Vietnam/History   (1242 words)

  
 Gates open to Vietnam’s IT potential
As Vietnam’s Communist party apparatchiks met this weekend under portraits of Marx and Lenin for the opaque process of selecting the country’s new rulers, Bill Gates, the world’s richest man, landed in Hanoi for a one-day visit and was received as a conquering hero.
The rapturous reception given the Microsoft founder — as the country’s leaders were discussing the “socialist-oriented market economy” — reflects the conflicting impulses in today’s Vietnam, where the ruling communists are struggling to reconcile their aspirations for a strong “knowledge-based economy” with the legacy of the socialist past.
Despite the country’s increased integration into the global economy, Vietnam’s leaders still want the state sector to dominate and are pouring resources into state companies such as Vinashin, the shipbuilder, which was granted the entire proceeds of the bond.
www.ebusinessforum.com /index.asp?layout=rich_story&doc_id=8444&title=Gates+open+to+Vietnam%92s+IT+potential&channelid=4&categoryid=30   (782 words)

  
 © Vietnam Royal Tourism - The Travel Experts - Vietnam Travel, Vietnam Tour, Vietnam Tourism, Vietnam Vacation, ...
Vietnam station is in full swing in the central highlands and the northwest; when the central highlanders said enough is enough, their protests provoked a repressive reaction.
Vietnam's road system includes national roads administered by the central level; provincial roads managed by the provincial level; district roads managed by the district level; urban roads managed by cities and towns; and commune roads managed by the commune level.
Vietnam is putting considerable effort into modernization and expansion of its telecommunication system, but its performance continues to lag behind that of its more modern neighbors.
www.vietnamtourhotels.com   (5319 words)

  
 Vietnam Economic
Although much has been made of the changes in Vietnam's economy by both those in favor of a capitalist and/or those arguing for a more socialist system, the transition has been measured and not nearly as fast or as far reaching as the two factions might claim.
A further problem is that Vietnam was so “over-hyped” in the late 90s that some investors got burned by their own exuberance and are now more conservative and less pro-active in placing investments in Vietnam.
Vietnam in 2004 is an economy with a strong state sector and with a growing private and individual sector that has become increasingly significant in the retail sector and is growing in the services sector.
www.business-in-asia.com /vietnam_economic_data.html   (1814 words)

  
 Vietnam holidays, destinations, Holidays places visit and maps!
Although Vietnam suffered from war and separation in the following 30 years, the sacred words "Viet Nam" were very popularly used from the north to the south, and were deeply imprinted in the hearts of the Vietnamese people.
Following the liberation of Southern Vietnam on April 30 1975, the entire country of Vietnam was completely unified.
In the first meeting of the national assembly of the unified Vietnam on July 2nd 1976, the assembly decided to name the country The Socialist Republic of Vietnam.
www.footprintsvietnam.com /travel_destinations_maps.htm   (1075 words)

  
 Foreign Policy In Focus | Vietnam: The Changing Faces of Reform   (Site not responding. Last check: )
And though Vietnam is not the gargantuan economic force that China is, it is, as George W. Bush might say, “a big country—really big.” With 80-plus million people, Vietnam is the 12 th or 13 th largest country in the world.
These are definitely market economy questions, but they depend not on international investors but on the more mundane creation of a domestic private sector, particularly in the form of small and medium-scale enterprises in rural areas.
Vietnam, like China, has grown by ignoring most of the policy prescriptions of the World Bank and International Monetary Fund—the so-called “Washington consensus.” In addition to maintaining a large state sector in the economy, Vietnam has resisted capital liberalization and proceeded cautiously on trade liberalization.
www.fpif.org /fpiftxt/3830   (2064 words)

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