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Monday, June 27 2022
Vietnam economy is a market economy which depends much on exports, and projects on FDI. The economy ranks sixth in Southeast Asia, and fifty-seventh in the global market. Vietnam is one of developing countries with fast growth rate, about 7% per year.
Vietnam industry truly developed significantly from 1991 to 2008. During the period, the value of industrial production increases continuously with high and stable growth rate. Recently, Vietnam industry plays an important part in Vietnam economy.
With advantages of great natural resources, Vietnam is one of the fastest developing country getting started from agriculture. Agriculture in Vietnam is one of the spear economic sectors in Vietnam, mainly contributing the economic development of Vietnam.
After the first three months of 2015, the Vietnam GDP growth reaches about 6 percent. It is the highest rate in the first quarter during 5 recent years. Among major sectors of economy in Vietnam, industrial sectors surpass others.