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Urbanization in Vietnam
Transcript of Urbanization in Vietnam
design by Dóri Sirály for Prezi
Vietnam will have only one chance to get urbanization right. If we fail at urbanization, we will fail at industrialization and modernization. -- Deputy Prime Minister Nguyen Sinh Hung
Even with the occurrence of urbanization, Vietnam remains an agricultural economy with the population domination of farmer class in rural areas. Population shift to cities is mainly attributable to excessive rural-urban land conversion. During the period of 2001 to 2005, 366,000 hectares of agricultural land have been converted into urban and industrial land by the central government. This amount accounted for four percent of the total area of Vietnam’s agricultural land.
UN projection suggests that the urban population will exceed the rural population by 2040.
Vietnam has developed two independent and dominant core-periphery urban systems: Ho Chi Minh City and Hanoi.
Vietnam's government has also implemented a variety of policies in an attempt to foster a more even distribution of economic growth and urban development
Urbanization, as an indicator of economic transformation, is linked to economic growth in Vietnam, as everywhere else.
Reduction in poverty across all regions.
Typical housing provided today by formal land developers is affordable to only the top 5% of the income distribution in Hanoi and Ho Chi Minh cities