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Economy of Vietnam

Population: 90 million in 20131

GDP: $171 billion in 20132

GDP per capita: $1,911 nominal3 ($5,293 PPP4) in 2013

GDP growth rate: 5.4% in 20135


GDP by Industry 20126

Industry sectorValue added ($ billions) 2012Percent of total
Other activities2921.3%
Agriculture, hunting, forestry, fishing2720.1%
Wholesale, retail trade, restaurants and hotels2316.9%
Mining and utilities1914.0%
Transport, storage and communication53.8%
Total value added136100%


Unemployment rate: 2.0% in 20137

Employment by Industry 20138

Employment sector Employees (thousands) 2013Percent of total
Agriculture, forestry and fishing24,43546.8%
Wholesale trade, retail trade and repair of motor vehicles6,54712.5%
Accommodation and food service2,2114.2%
Public administration and defence1,6873.2%
Transportation and storage1,4962.9%
Other service7781.5%
Human health and social work5011.0%
Finance and insurance3340.6%
Arts, entertainment and recreation2810.5%
Information and communication2670.5%
Mining and quarrying2670.5%
Professional, scientific and technical2430.5%
Administrative and support service2250.4%
Activities of households as employers1740.3%
Real estate1500.3%
Electricity, gas, steam and air conditioning1310.3%
Water supply, sewerage and waste management1170.2%
Not elsewhere classified100.0%
Extraterritorial organizations and bodies40.0%
Total employment52,208100%


Top 10 Corporations by Revenue 20139



Household Wealth: $305 billion (178% of GDP) in 201410

Household Wealth per Adult: $4,887 in 201410

Gini Coefficient: .356 in 201211


Central Government

Central Government Revenue: $43 billion (25% of GDP) in 201312

Central Government Expenditure: $50 billion (29% of GDP) in 201312

Central Government Budget Balance: -$7 billion (-4% of GDP)12

Central Government Public Debt: $60 billion (34% of GDP) in 2013* 13

Central Government 10 Year Bond Interest Rate: 6.80% on Jan 28, 2015 14

* Public debt calculated using the exchange rate 21,350 VND = 1 USD

Government Funds

Tax Structure

Individual Income Tax Rates and Thresholds in 2012* 15

Corporate Tax Rate: 22% in 201416

* Individual thresholds calculated using the exchange rate 21,350 VND = 1 USD

Monetary Policy

Money Supply (M0): N/A

Benchmark Interest Rate: Refinancing Interest Rate = 6.5% in Jan 201517

Total Reserves: $26 billion (15% of GDP) in 201318

Exchange Rate: 21,350 Vietnamese Dong = 1 U.S. Dollar on Jan 28, 201519

Inflation: 6.6% in 201320

Financial Institutions

Top 10 Financial Institutions by Assets 201321

N/A (data not available at Relbanks.com)

International Accounts

Exports: $129 billion (76% of GDP) in 201322

Imports: $121 billion (71% of GDP) in 201322

Trade Balance: +$8 billion (5% of GDP) in 201322

Foreign Direct Investment Inflow: $9 billion (5% of GDP) in 201323

Foreign Direct Investment Outflow: N/A

Foreign Aid Inflow: $4 billion (2% of GDP) in 201224

Foreign Aid Outflow: N/A


1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: International Labor Organization, Downloads (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: World Bank Indicators (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: Vietnam Ministry of Finance, Public Debt Belletin (Public debt) Go back
14. Source: Investing.com (Government bond yield) Go back
15. Source: PKF Tax Guide (Individual tax rates) Go back
16. Source: Tax Foundation (Corporate tax rate) Go back
17. Source: The State Bank of Vietnam (Benchmark interest rate) Go back
18. Source: World Bank Indicators (Total reserves) Go back
19. Source: Yahoo Finance (Exchange rate) Go back
20. Source: World Bank Indicators (Inflation rate) Go back
21. Source: Relbanks.com (Financial institutions by assets) Go back
22. Source: CIA World Factbook (Trade data) Go back
23. Source: World Bank Indicators (FDI data) Go back
24. Source: World Bank Indicators (Aid data) Go back