Cao Bang economy

Economy

Cao Bằng is relatively poor compared to other Vietnamese provinces. Most of the province's economy is centered on agriculture and forestry, although other industries exist. Facilities such as schools and hospitals tend to be in poor condition, but are gradually improving. Transportation, once a major problem, has been improved considerably by new road construction.

As against the national figure of 7592 of Agriculture, Forestry and Fishery cooperatives there are only 4 cooperatives in the province; all are agricultural cooperatives.[15][16] There are only 57 farms compared to the national total of 120,699.[17]

The output value of agriculture produce at constant 1994 prices in the province was 676.6 billion đồngs against the national value of 156,681.9 bill. dongs.[18] In 1994 the province produced 151,800 tonnes of cereals compared to the national production of 229.1 million tonnes [19] The per capita production of cereals in the district was 448.6 kg as against the national figure of 501.8 kg in 2007.[20] In 2007, the industrial output of the province was a meagre 571.8 bill. dongs against the national output of 1.47 million billion dongs