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Why Vietnam?

Vietnam is the country with Stable Social and Political System, with a consumer market of over 87 million people, vast natural resources, a highly educated workforce, and technologically advanced research and production capabilities. Vietnam has tremendous growth potential. Investment opportunities exist in every region and in every sector of Vietnam’s economy, with a wide array of government institutions, instruments and investment programs, as well as strong support for investors at all levels — regional and municipal.


Economy of Vietnam




Currency







Vietnamese đồng







Fiscal year







Calendar year







Trade organisations







AFTA, WTO







Statistics







GDP







$241.8 billion (2008 est.)







GDP growth







6.2% (2008 est.)







GDP per capita







$2,800 (2008 est.)







GDP by sector







Agriculture: 19.0%, industry: 42.7%, services: 38.4% (2008 est.)







Inflation (CPI)







20.3% (2008)[1]







Population
below
poverty line







14.8% (2007 est.)







Gini index







37 (2004)







Labour force







47.41 million (2008 est.)







Labour force
by occupation







Agriculture: 55.6%, industry: 18.9%, services: 25.5 (July 2005)







Unemployment







4.9% (2008 est.)







Main industries







Food processing, garments, shoes, machine building, mining, cement, chemical fertilizer, glass, tires, oil, coal, steel, paper







External







Exports







$63.73 billion (2008 est.)







Export goods







Crude oil, marine products, rice, coffee, rubber, tea, garments, shoes , pepper







Main export partners







US 20.8%, Japan 12.5%, Australia 7.3%, China 6.9%, Singapore 4.5% (2008)







Imports







$79.37 billion (2008 est.)







Import goods







Machinery and equipment, petroleum products, fertilizer, steel products, raw cotton, grain, cement, motorcycles







Main import partners







China 19.9%, Singapore 12.1%, Taiwan 11%, Japan 9.9%, South Korea 8.5%, Thailand 6% (2008)







Gross External







$23.72 billion (2008 est.)







Public finances







Public Debt







44.5% of GDP (2008 est.)







Revenues







$22.39 billion (2008 est.)







Expenses







$24.19 billion (2008 est.)







Economic aid







$2.8 billion pledged (2000)




Investment INVESTMENT
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