Lang Son Province - Economy

Economy

Lang Son's economy is 80% based on agriculture and forestry. The province has significant mining reserves of bauxite, phosphate and coal. It also has notable reserves of gold, silver and lead. Main crops include rice, which accounted for 40,000 hectares out of a total of 55,000 hectares grown in 1986, and sweet potato, maize and manioc. It is also known for its commodities of tea and yellow tobacco. These crops are generally grown in the valleys of the Bac Son Mountains, Binh Gia Mountains and the Van Quan Mountains and along the rivers plains of the Ky Cung River and the Thuong River. Some of the districts such as Hữu Lũng District have sugar cane plantations and grow oranges and pineapples, others grow tea and plums. Animal husbandry is developed in Lang Son Province; in 1986, 140,000 buffalo and oxen were recorded in the province and 150,000 pigs. The province is also noted for its That Khe duck speciality.

As against the national figure of 273 agriculture, forestry and fishery cooperatives, 15 are agricultural cooperatives and four are fisheries cooperatives. The number of cooperatives is 32 as against 7592 cooperatives in the country. There are only 26 farms as against the national number of 120699.

The output value of agriculture produce at constant 1994 prices in the province was 1,076.5 billion đồngs against the national value of 156,681.9 billion dongs.

Read more about this topic:  Lang Son Province

Famous quotes containing the word economy:

    Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.
    Friedrich Nietzsche (1844–1900)

    Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.
    Jane Jacobs (b. 1916)

    The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.
    Ralph Waldo Emerson (1803–1882)