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A Closer look At Vietnam’s Economic Conditions

A Closer look At Vietnam’s Economic Conditions. By: Dominic Cao. The economy of Vietnam is a developing planned economy and market economy Vietnam is a net exporter of agricultural products such as rice, coffee, pepper, cashews, tea, rubber, wood products, and fishery products

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A Closer look At Vietnam’s Economic Conditions

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  1. A Closer look At Vietnam’s Economic Conditions By: Dominic Cao

  2. The economy of Vietnam is a developing planned economy and market economy • Vietnam is a net exporter of agricultural products such as rice, coffee, pepper, cashews, tea, rubber, wood products, and fishery products • Their major export income comes from United States, Europe, Japan, South Korea Vietnam’s Main Source of Income N.p., n.d. Web. <http://aartd.com/news/vietnams-aquaculture-industry-an-update/>.

  3. Machinery • Refined Petroleum • Steel • Material for textile industry • Cloth N.p., n.d. Web. <http://www.customs.gov.vn/Lists/EnglishNews/ViewDetails.aspx?ID=276&Category=News%20and%20Events&language=en-US>. Vietnam’s Imports

  4. Crude oil • Textile and Garments • Footwear • Fisheries products and electronics Vietnam’s Exports N.p., n.d. Web. <http://www.ide.go.jp/English/Publish/Download/Brc/PolicyReview/09.html>.

  5. The gross domestic product in Vietnam was at its highest in 2013 worth 141.67 billion US dollars http://www.tradingeconomics.com/vietnam/gdp Vietnam’s GDP

  6. The gross national product in Vietnam was 3,102,443 VND Billion in 2012 N.p., n.d. Web. <http://www.tradingeconomics.com/vietnam/gross-national-product>. Vietnam’s GNP

  7. Variety of Bulk and niche minerals • Bauxite • Rare Earths • Tungsten • Titanium • Phosphate • Coal • Iron ore N.p., n.d. Web. <http://www.masangroup.com/masanresources/en/vietnam-resources>. Vietnam’s Mineral Resources

  8. Vietnam recorded a Government Debt to GDP of 54.98 percent of the country's Gross Domestic Product in 2013 N.p., n.d. Web. <http://www.tradingeconomics.com/vietnam/government-debt-to-gdp>. Vietnam’s National Dept

  9. Vietnamese Dong • 1 Vietnamese Dong=0.000047 US Dollar N.p., n.d. Web. <http://saigoninacup.com/2010/02/05/dollars-dong-credit-cards/>. Vietnam’s Currency

  10. Vietnam’s Physical Geography

  11. Southeastern Asia, bordering the Gulf of Thailand, Gulf of Tonkin, and South China Sea, alongside China, Laos, and Cambodia N.p., n.d. Web. <http://geography.about.com/library/cia/blcvietnam.htm>. Vietnam’s Physical Location

  12. Vietnam has densely forested mountains N.p., n.d. Web. <http://www.scientificamerican.com/blog/post/a-tree-grows-in-vietnam-and-another-2009-08-31/?id=a-tree-grows-in-vietnam-and-another-2009-08-31>. Natural Protective Barriers

  13. Tropical Rainforests

  14. N.p., n.d. Web. <http://www.erepublik.com/sv/article/admins-please-create-evietnam--1860345/1/20>. Vietnam’s Regions

  15. N.p., n.d. Web. <http://www.ttrweekly.com/site/2013/01/officials-float-sea-channel-plan/>. Vietnam’s Sea Routes

  16. N.p., n.d. Web. <http://tettrungthu.weebly.com/geography.html>.

  17. N.p., n.d. Web. <http://cavetour.net/3500/hang-en-2day-ultimate-cave-adventure/>.

  18. N.p., n.d. Web. <http://www.citypassguide.com/destination/ninh-binh/attractions/tam-coc-caves>.

  19. N.p., n.d. Web. <http://english.cholontourist.com.vn/index.php/thong-tin-du-lich/197-the-elegant-combination-of-phat-diem-stone-cathedral>. 19th Century

  20. N.p., n.d. Web. <http://vietnamarchitecture.org/2883/green-architecture-for-sustainable-living-in-vietnam/>.

  21. N.p., n.d. Web. <http://hiddencharmtravel.com/hoi-ancient-town/#.U3YmZFPOv0I>.

  22. N.p., n.d. Web. <http://inhabitat.com/som-to-create-amazing-green-tech-city-for-hanoi-vietnam/>. Modern Vietnamese Architecture

  23. Vietnam’s architecture was influence from the French colonial period • Many houses and buildings in Vietnam are very tall and narrow • They are called Tube Houses that include courtyards partway through to improve air flow

  24. Vietnam’s Culture

  25. Pho-This simple staple consisting of a salty broth, fresh rice noodles, a sprinkling of herbs and chicken or beef, features predominately in the local diet N.p., n.d. Web. <http://www.orthogonalthought.com/blog/index.php/2009/04/what-i-ate-april-28-2009-which-wich-pho-thaison/>.

  26. Com Thit Nuong- This simple meal is the Saigonese equivalent of bun cha -- with rice in place of noodles. A tender pork cutlet is barbecued over hot coals to give it a rich, smoky flavor, and laid over the fluffy white com N.p., n.d. Web. <http://www.yelp.com/biz_photos/com-tam-tran-quy-cap-fountain-valley?select=crhDdaV4p27WzwsOYabQhA#crhDdaV4p27WzwsOYabQhA>

  27. Eggrolls- a very thin flat piece of dough that is wrapped around a mixture of chopped vegetables and often meat and then usually fried N.p., n.d. Web. <http://www.absolutelyfobulous.com/2011/08/25/100-lobster-egg-roll-fried-ballin-goodness/>.

  28. Religions in Vietnam

  29. Second most corrupt country in South-East Asia • The workforce struggles with conditions in the factories they work in • The workers suffer from conditions like long hours with little to no breaks, unsanitary environments, and lack of appropriate • Vietnamese 85%-90%, Chinese, Hmong, Thai, Khmer, Cham, various mountain groups Work Ethics

  30. Suffer from discrimination • Suffer from violence • Obstacles and gender disparities in access to public, employment and economic opportunities, income • They work at home, most don’t get paid • Pick rice or farm N.p., n.d. Web. <http://www.actionaidusa.org/vietnam/what-we-do/womens-rights>. How are women treated?

  31. Vietnamese New years is on January 31 and is called Tet • It is the most important festival and public holiday in Vietnam and lasts • Tet falls on the first night of the new moon in the first of the Lunar Calendar, usually taking place between the last week of January and the third week of February • People will buy more new clothes at this time of year and it is also a popular time for people to change jobs or switch careers • Ong Tau, the god of the Hearth returns at midnight on the start of new year and is welcomed with fireworks and gongs • Sweet sticky rice is made- meat or beans, and spices wrapped in a leaf and boiled for half a day. Called banhchung Main Holiday

  32. N.p., n.d. Web. <http://www.hierarchystructure.com/vietnam-social-hierarchy/>. Social Structure

  33. Soccer is popular in Vietnam along with volleyball, badminton, wrestling, bicycling, chess, billiards • Boat Trips • Elephant Riding • Water Slide Parks • Zoos • Cu Chi Tunnels • Hanoi History Museum • War Remnants Museum • Caving Recreational Activies

  34. Men usually married between 20 and 30 years, and women at 18 to 25 years. Women kept their maiden names legally but used their husband's name formally • Influence from Confucian and Buddhist ideologies • Engagement Ceremony the first day following Marriage Ceremony the next day Marriage Practices

  35. N.p., n.d. Web. <http://globaledge.msu.edu/countries/vietnam/economy>. • N.p., n.d. Web. <http://www.kwintessential.co.uk/resources/global-etiquette/vietnam.html>. • N.p., n.d. Web. <http://www.officeholidays.com/cou • ntries/vietnam/tet.php>. • N.p., n.d. Web. <http://www.britannica.com/EBchecked/topic/628349/Vietnam/52719/Sports-and-recreation>. • N.p., n.d. Web. <http://clubs.ncsu.edu/vsa/www/traditions/traditions2.html>. Works Cited

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