Vietnam At A Glance
Geography and Demographics of Vietnam
Location: South East Asia country, Vietnam borders the Gulf of Thailand, Gulf of Tonkin, and South China Sea, China, Laos, and Cambodia.
Area: total: 330.363sq km land.
Climate: – South Vietnam: tropical with rainy season (May to October), dry season (November to April).
– North Vietnam: monsoonal, Spring, Summer, Autumn, Winter
Religions: Buddhist 50%, Catholic10%, Hoa Hao, Cao Dai, Protestant, Muslim, none
Kinh (Viet) 86.2%, Tay 1.9%, Thai 1.7%, Muong 1.5%, Khome 1.4%, Hoa 1.1%, Nung 1.1%, Hmong 1%, others 4.1%
The median age is 29.2 and 57% of the population is below the age of 30!
Official Name: Socialist Republic of Vietnam
Independence: September 2, 1945
Party: Communist Party of Vietnam (CPV)
President: Tran Dai Quang
Prime Minister: Nguyen Xuan Phuc
Communist Party Secretary: Nguyen Phu Trong
58 provinces, 5 municipalities (Can Tho, Hai Phong, Da Nang, Hanoi, Ho Chi Minh).
Vietnam is one of the most dynamic markets in the world. Consistently strong economic growth combined with a more open, market-oriented trade policy is fueling major trade and investment opportunities for international companies. With the economy currently growing at 5.5%-6% a year and industrial production expanding at twice that rate, Vietnam’s economy is on the path to doubing in size over the next decade.
Currency: 22,883 (Dec 06th, 2016)
GDP: 187.8 billion USD (2014 est.); GDP per capita: $5,600 (2014 est.); GDP by sector: Agriculture (17.9%), Industry (38.1%), and Services (44%) (2014 est.).
Consumer Price Inflation: 4.6%
Labor Force: 54.07 million (2014 est.)
Principal Exports: clothes, shoes, electronics, seafood, crude oil, rice, coffee, wooden products, machinery
Main Destinations of Exports: US 17.6%, China 11.8%, Japan 9.9%, South Korea 5%, Germany 4.4%, Malaysia 4.2% (2013)
Main Imports: machinery and equipment, petroleum products, steel products, raw materials for the clothing and shoe industries, electronics, plastics, automobiles
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