Resources

The Resources Of Vietnam

Vietnam is the second largest rice producer. But instead of 5 million that were produced last year this year only 4.5 tonnes were produced. “About 70 percent would go to Asian buyers such as Indonesia, the Philippines and Malaysia, while Bangladesh would emerge as a new customer,” Vietnam Food Association Chairman Truong Thanh Phong told Reporters. "We are no longer able to export 5 million tonnes a year as the total area has decreased now," Phong said. Last year, Vietnam's total rice area fell 1.7 percent to 7.2 million hectares (17.8 million acres). There was a larger drop of 2.3 percent in the southern region.

There are mineral deposits mainly in the north, include large reserves of coal, lime, phosphates, iron ore, barite, chromium ore, tin, zinc, lead, and gold. Coal production is the most important because of demand. Loans for equipment enabled Vietnam's coal production to expand in the early 21st century. A few offshore oil deposits have been found in the South China Sea, mainly off Vietnam's southern coast. Although these reserves have yet to be used fully, they have propelled an increase in crude petroleum production. In 2004 Vietnam National Petroleum Company aggressively launched projects aimed to take control of the country's petroleum resources, including construction of a large oil refinery, a gas-electricity-fertilizer plant, a petrochemical and oil refining plant, and a major oil pipeline. In the mid-1990s demand for electricity had surpassed Vietnam's energy output. Production was then boosted from existing gas-fired thermal generators and hydroelectric stations, new hydroelectric plants were built, and a power line was built to connect the country's north and south regions. Over the next ten years, electricity production has nearly quadrupled. Vietnam's rural electric supply has also been highly successful, supplying the most households with electricity by the early 21st century.

Vietnam has a total Area of 329,560 sq km(square kilometers). The land takes up 325,360 sq km and the water takes up 4,200 sq km. The area is like New Mexico but slightly larger. There is 3,444 km (excludes islands) of coastline. The climate is tropical in south, monsoonal in the north with hot, rainy seasons (May to September) and warm, dry season (October to March). The terrain is the low, flat delta in south and north, central highlands, hilly, mountainous in far north and northwest. This makes ideal conditions for phosphates, coal, manganese, bauxite, chromate, offshore oil and gas deposits, forests, and hydropower. There is 20.14% arable land. There is 6.93% of permanent crops. And there is 72.93% of other. 30,000 sq km of the land is irrigated.

There are some environmental issues logging and slash-and-burn agricultural practices contribute to deforestation and soil degradation. Water pollution and overfishing threaten sea life. Groundwater contamination limits potable water supply.

Some of the industries include food processing, garments, shoes, machine building, mining, coal, steel, cement, chemical fertilizer, glass, tires, oil and paper.

The Land produces Agricultural products like rice, coffee, rubber, cotton, tea, pepper, soybeans, cashews, sugar cane, peanuts, bananas, poultry, fish and seafood.

They have these export – commodities, crude oil, marine products, rice, coffee, rubber, tea, garments and shoes.

Manufacturing information technology and high-tech industries form a large and quick-growing part of the economy. Vietnam is a newcomer to the oil business, but it is the third-largest oil producer in Southeast Asia with an output of 400,000 barrels per day.

Shrimps and fish are the fourth-largest export after crude oil, textiles and footwear. This is due to the locations of most villages and cities. The Trade Ministry aimed to ship 700,000 tonnes between January and March, then 1.5 million tonnes each in the second and the third quarters, following the harvest of the winter-spring crop. This is Vietnam's top yielding crop.

As a result of several land reform measures, Vietnam is now the largest producer of cashew nuts with a one-third global share. Vietnam has the highest percent of land use for permanent crops, of any nation in the Greater Mekong Subregion.

Besides rice, key exports are coffee, tea, rubber, and fishery products. However, agriculture's share of economic output has declined, falling as a share of GDP from 42% in 1989 to 20% in 2006, while production in other parts of the economy have rose.

In 1941 the resources of Vietnam were exploited for the purpose of the Japanese Empire’s military campaigns into the British colonies of Burma, the Malay Peninsula and India.

They have used natural resources in producing energy for the whole country. They have used fossil fuels and hydropower. Vietnam also produces oil. In 2007 they produced 319,500 bbl/day (barrels per day). They also consumed this.

The natural gas production of the country is 6.86 billion cu m (cubic meters). This was all consumed in 2007.

http://www.flex-news-food.com/pages/13664/rice/Vietnam/vietnam-plans-stable-rice-sales-2008.html

http://www.britannica.com/eb/article-52703/Vietnam

https://www.cia.gov/library/publications/the-world-factbook/print/vm.html

http://en.wikipedia.org/wiki/Vietnam