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STRUCTURE OF THE ECONOMY
Among the various sectors of the economy the percentage share of the industrial sector
in the total GDP is the highest. It was 40.1 as in the year 2004.
The major industries of the country are food processing, garments, shoes, machine building, cement, Fertilizers, glass, tires, oil, coal, steel and paper.
The agriculture sector has its relative importance in the total GDP of the Vietnam economy. The percentage share of the agriculture sector in the total GDP has followed a declining trend. From the given statistics, the percentage share of the agriculture in total GDP has declined to 21.8 in the year 2004 from 27.4 in 1994.
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The average annual growth rate of agriculture of the country in 2004 was 3.5. Agricultural products of the country are paddy, corn, potatoes, rubber, soybeans, coffee, tea, poultry and pigs.
The manufacturing sector is making well in the economy in the recent years. The percentage share of the manufacturing sector in the total GDP of the country as of the year 2004 has reached at 20.3.
The following table shows the percentage share of the various sectors of the economy in total GDP over the years.
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% Of GDP | 1994 | 2003 | 2004 |
| Agriculture | 27.4 | 22.5 | 21.8 |
| Industry | 28.9 | 39.5 | 40.1 |
| Manufacturing | 14.9 | 20.5 | 20.3 |
| Services | 43.7 | 38 | 38.2 |
The following diagram gives a clear picture upon the average annual growth rate of the various sectors of the economy over the years.
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