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Best cities skylines maps 20189/25/2023 ![]() ![]() It contributed 14 percent of GDP and 38 percent of employment in 2020 while earning more than US$48 billion in export revenues in 2021 during the peak of the COVID-19 pandemic. Growing at 2.5 to 3.5 percent per year over the past three decades, the agriculture sector has supported economic growth and ensured food security. This will be further supported by the accelerating recovery of its main export markets (U.S., Eurozone, and China). Vietnam's economic growth is expected to rebound to 6.5 percent in 2024 as domestic inflation could subside from 2024 onward. GDP growth is projected to ease to 6.3 percent in 2023, down from 8% in 2022, due to the moderation of domestic demand and exports. Thanks to its solid foundations, the economy has proven resilient through different crises. Between 20, GDP per capita increased 3.6 times, reaching almost US$3,700. Economic reforms since the launch of Đổi Mới in 1986, coupled with beneficial global trends, have helped propel Vietnam from being one of the world’s poorest nations to a middle-income economy in one generation. Vietnam has been a development success story. ![]()
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