Outlook of Vietnam Economy.

The lastest information from reliable sources always keeps you a fresh view about Vietnam country - destination of your next success.

 

PART 1: Geography & People
Area
329,560 sq km
Border countries
Laos, Cambodia and China
Population (2006)
84,108,100 [ Urban: 27.13 %]
Population growth rate
1.21 % (est. Dec.2006)
Sex ratio (2006)

Men: 49.13 % - Women: 50.87 %

Language
Vietnamese (official), English (second language), France, China, Japan, Germany, Russia..
Ethnic group
Vietnamese (more than 80 %), Chinese, Khmer, Cham,.
Religions
Buddhist, Christian (Romance Catholic, some Protestant), Hoa Hao, Cao Dai
PART 2: Government & Administrations
Country name
Socialist Republic of Vietnam (SRV)
Capital
Hanoi
Administrations Divisions

61 provinces and 3 municipabilities (Hanoi, Hai Phong, Hochiminh City) - An Giang, Bac Giang, Bac Kan, Bac Lieu, Bac Ninh, Ba Ria-Vung Tau, Ben Tre, Binh Dinh, Binh Duong, Binh Phuoc, Binh Thuan, Ca Mau, Can Tho, Hau Giang, Cao Bang, Dac Lak, DakNong, Da Nang, Dong Nai, Dong Thap, Gia Lai, Ha Giang, Hai Duong, Hai Phong, Ha Nam, Ha Noi, Ha Tay, Ha Tinh, Hoa Binh, Ho Chi Minh (former is Saigon), Hung Yen, Khanh Hoa, Kien Giang, Kon Tum, Lai Chau, Dien Bien, Lam Dong, Lang Son, Lao Cai, Long An, Nam Dinh, Nghe An, Ninh Binh, Ninh Thuan, Phu Tho, Phu Yen, Quang Binh, Quang Nam, Quang Ngai, Quang Ninh, Quang Tri, Soc Trang, Son La, Tay Ninh, Thai Binh, Thai Nguyen, Thanh Hoa, Thua Thien-Hue, Tien Giang, Tra Vinh, Tuyen Quang, Vinh Long, Vinh Phuc, Yen Bai

(Click on the map to enlarge)

Independence day
02 September 1945
International organization participation
ACCT, APEC, ARF, AsDB, ASEAN, CCC, ESCAP, FAO, G-77, IAEA, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM (observer), ISO, ITU, NAM, OPCW, UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO (observer)
National Holidays
  • New Year Day: 1/Jan
  • 3 days in Lunar New Year (TET - 17/Feb/2007)
  • Victory Day: 30/Apr
  • Int. Labor Day: 01/May
  • Independence Day: 02/Sep
PART 3: The Economic Indicators (Brief only - Source: General Statistic Office -VN)

GDP Growth Rate

(Jan.2008)

8.44 %

The distribution of economic sectors (%) according to GDP growth rate
SECTOR
2007
2006
2005
2004
GDP Growth Rate
8.44
8.5
8.4
7.7
Agriculture, Forestry and Aquatic , in which:
17.8 20.40 20.89
21.76
Agriculture
.
15.37
15.97
.
Forestry
.
1.11
1.20
.
Aquatic
.
3.93
3.86
.
Construction & Industries, in which:
41.76
41.52
41.03.
40.09
Exploring Industry
5.03
10.20
10.50
.
Processing Industry
24.65
21.29
20.67
.
Water/Power Industry
2.99
3.41
3.41
.
Construction
9.09
6.62
6.35
.
Service
40.43
38.08
38.08.
38.15
Commerce
.
13.64
13.56
.
Hotel, Restaurant
.
3.68
3.49
.
Transport, Tourism
.
4.50
4.36
.
Finance, banking, insurance
.
1.81
1.80
.
Science
.
0.62
0.63
.
Realeastate
.
3.78
4.01
.
Public Management
.
2.75
2.75
.
Education, Training
.
3.15
3.21
.
Health Service
.
1.45
1.48
.
Cultural Service
.
0.47
0.50
.
GDP per capita (Dec.2007)
SECTOR
2007
2006
2005
2004
2003
2002
GDP (by real price) - bil. $US
70.8
60.60
52.6
45.37
39.62
35.24
Population (mil.)
85.0
84.11
82.30
82.07
80.90
79.72
GDP per capita (usd)
833.0 721.0
640.0
552.9
489.9
444.6

Foreign invetment by major sectors (Dec.2007) - for updated information, please click this link to FDI statistic

Total Foreign Direct Investment Capital (FDI): 20,3 billion USD

Foreign Portfolio Investment (FPI / FII): 5.0 billion USD

Inflation rate (Dec.2006)
updating ...
Labor force by occupation (Dec. 2006)

Agriculture-Forestry-Fishery: 55.70 %
Industry - Construction: 19.10 %

Service: 25.20 %

Unemployment rate (Dec.2007)

4.64 % *FY06: 4.82%, in which:

  • Delta Area of Norther provinces: 5.74% (Fy06: 6.42%)
  • East Northern provinces: 3.97% (4.32%)
  • West Northern provices: 3.42% (3.89%)
  • North Central provinces: 4.92% (5.5%)
  • East Southern provinces: 4.83% (5.47%)
  • Mekong Delta: 4.03% (4.52%)

 

Export commodities:(Dec.2007) (for updated information, please click this link to Import-Export Statistic
Peanut, Latex, Coffe, Tea, Rice, Cashew, Black pepper, Crude Oil, Coal, Aqua products, Texttile & Garments, Footwear, Electronics & PC's components,...Total export amount (2007): 48.40 bil. $US
Import commodities
Automobiles, Machinery & Spare parts, Steel & Steel billets, Fertilizer, Petroleum, Chemical, Pharmaceuticals, Plastic, Cotton, Yarn, Textiles - Garment Material & Parts, electronic applicances... Total import amount (2007): 60.60 bil $US

 

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