You asked: What natural resources does Vietnam have?

Vietnam’s key mineral endowment includes: coal, bauxite, rare earth, tungsten, titanium, phosphate rocks and iron ore. Coal remains one of the primary energy sources for the domestic market.

Is Vietnam rich in natural resources?

Located in Southeast Asia, the Socialist Republic of Vietnam has an abundant wealth of natural resources including coal, bauxite, oil and gas deposits, copper, hydropower, and timber. The main mineral exports in the country are coal and petroleum.

What is Vietnam famous for producing?

Vietnam has emerged as an important electronics exporter, with electrical and electronic products overtaking coffee, textiles, and rice to become the country’s top export item. Samsung is Vietnam’s largest exporter and has helped the country achieve a trade surplus for the first time in many years.

What are the 5 main natural resources?

Oil, coal, natural gas, metals, stone and sand are natural resources. Other natural resources are air, sunlight, soil and water. Animals, birds, fish and plants are natural resources as well.

What raw materials does Vietnam have?

Machinery, petroleum products, iron, steel, garments, and leather account for the bulk of Vietnam’s imports. Most of these products fuel the country’s expanding industrial sector.

What is Vietnam’s largest export?

Exports The top exports of Vietnam are Broadcasting Equipment ($42.3B), Telephones ($18.2B), Integrated Circuits ($15.5B), Textile Footwear ($10.6B), and Leather Footwear ($6.43B), exporting mostly to United States ($63.7B), China ($40.3B), Japan ($21.2B), South Korea ($20.3B), and Germany ($8.22B).

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What is Vietnam main source of income?

Main Sectors of Industry

Vietnam’s economy is based on large state-owned industries such as textiles, food, furniture, plastics and paper as well as tourism and telecommunications. Agriculture represented 14% of GDP and employs 36% of the total workforce in 2020 (World Bank).

What are 20 natural resources?

Natural resources are substances that occur naturally.

But there are many more minerals found in North America, including:

  • asbestos.
  • bauxite.
  • borax.
  • coal.
  • copper.
  • diamonds.
  • fresh water.
  • gold.

What are 10 natural resources?

Top 10+ Natural Resources in the World

  • Water. While the earth may be mostly water, only about 2-1/2 percent of it is freshwater. …
  • Air. Clean air is necessary for the existence of life on this planet. …
  • Coal. Coal is estimated to be able to last less than 200 more years. …
  • Oil. …
  • Natural gas. …
  • Phosphorus. …
  • Bauxite. …
  • Copper.
A fun trip south