Economy Vietnam Economy Agriculture is the primary occupation of the population, and rice is by far the leading crop. Peanuts, corn, sweet potatoes, and beans are secondary food crops, and cotton, jute, coffee, tea, and sugarcane are among the cash crops produced. Fishing and aquaculture comprise an important industry, and marine products are a major export.
Rubber is also important.
Timber resources are still substantial, particularly in the north, but deforestation resulting from highland resettlement, shifting cultivation, and commercial cutting is an increasingly serious problem. Vietnam's primary export industry is mining. Most of the country's mineral resources are in the north, and Vietnam produces large amounts of coal as well as having sizable deposits of phosphates, manganese, bauxite, chromate, and other metal ores. Important industries include agricultural processing, machine building, auto assembly, and the manufacture of textiles and apparel, cement, chemical fertilizers, glass, and tires. Many of the large and capital-intensive projects are joint ventures between foreign and Vietnamese local governments.