Economy
Hai Phong is northern Vietnam's second largest industrial centre. It's GDP accounted for 11.8 of the Red River Delta in 2007, second only to Hanoi. It is a significant producer of rice and has the Red River Delta's fourth largest fishing sector. Its industrial sector is the second largest in the region (10.6% of regional industrial GDP) and slightly ahead of Vinh Phuc province (2007). Hai Phong is northern Vietnam's major port city. As a result, it has a large service sector and is important for the region's trade, with export of US$1.26bn and imports of US$1.55bn in 2007.
Read more about this topic: Hai Phong
Famous quotes containing the word economy:
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)