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| ECONOMICS
STATUS IN HANOI |
| Hanoi’s
population will reach 3.2 – 3.3 million people by the
year 2010, per capita GDP is expected to have an increase
of 2.4 times in comparison to year 2000. Hanoi is the
city with the highest qualified labor force with skillful
occupations, there are currently more than 1.5 million
working-age people in Hanoi, with trained labor forces
accounted for 34% of the working age group. Over the past
5 years, the region’s GDP growth has been increased by
15% per year in extended industry; there is also an increase
of 22.16% per year in foreign capital investment area,
driven mainly by industrial expansion, consumer spending
and fixed investments. |
MACHINE
TOOL
|
Nearly
80 percent of the Vietnamese population is involved
in agriculture, which accounts for 30 percent of the
GDP and 40 percent of the nation's exports. In 2009
Q1, the growth rate of rice exports increases 63%. Although
the demand for machinery and equipment in the industry
is huge, the domestic machinery industry cannot satisfy
the internal demand because (despite some skill in copying
and reverse-engineering) it has proven poor in design
and quality. For the most part, domestic equipment is
used in small scale processing factories. Medium and
larger food processing enterprises and even smaller
firms producing high quality products must rely on imported
machinery and equipment. The food processing sector
is forecast to maintain an average annual growth rate
of 10 – 15 percent for the short term.
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