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GDP per capita development in Vietnam. The economy of Vietnam is a developing mixed socialist-oriented market economy. [3] It is the 33rd-largest economy in the world by nominal gross domestic product (GDP) and the 26th-largest economy in the world by purchasing power parity (PPP). It is a lower-middle income country with a low cost of living.
The article lists Vietnam's province-level divisions by Gross regional domestic product (GRDP). Each province's GRDP is listed in both the national currency VND, and at nominal U.S. dollar values according to annual average exchange rates and according to purchasing power parity (PPP).
GDP can be adjusted for population growth, also called Per-capita GDP or GDP per person. This measures the average production of a person in the country. Lists of GDP per capita: List of countries by GDP (nominal) per capita; List of countries by GDP (PPP) per capita; GDP per capita is often used as an indicator of living standards. [26]
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
This results in changes to economic structures. In 1985, agriculture made up 37.2% of Vietnam's GDP; in 2008, that number had declined to 18.5%. [385] In 1985, industry made up only 26.2% of Vietnam's GDP; by 2008, that number had increased to 43.2%. Urbanisation also helps to improve basic services which increase people's standards of living.
Vincent Edwards and Anh Phan (2014) Managers and Management in Vietnam. 25 Years of Economic Renovation (Doi moi). Routledge. ISBN 9781138816657; Võ, Nhân Trí (1990). Vietnam's Economic Policy since 1975. Institute of Southeast Asian Studies. ISBN 9789813035546. Vương Quân Hoàng (2010).
Từ điển bách khoa Việt Nam (lit: Encyclopaedic Dictionary of Vietnam) is a state-sponsored Vietnamese-language encyclopedia that was first published in 1995. It has four volumes consisting of 40,000 entries, the final of which was published in 2005. [1] The encyclopedia was republished in 2011.
Average GDP growth from 2016 to 2019 reached 6.8%, in 2020 due to the impact of the Covid-19 epidemic but Vietnam still grew at 2.91%, the only country with positive growth among the 6 major economies in Southeast Asia. Public debt decreased from about 64.5% of GDP at the beginning of the term to 55.3% of GDP and was restructured more ...