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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.
Vietnam, [e] [f] officially the Socialist Republic of Vietnam, [g] [h] is a country at the eastern edge of mainland Southeast Asia, with an area of about 331,000 square kilometres (128,000 sq mi) and a population of over 100 million, making it the world's fifteenth-most populous country.
Vietnam is located on the eastern margin of the Indochinese peninsula and occupies about 331,211.6 square kilometres (127,881.5 sq mi), of which about 25% was under cultivation in 1987. It borders the Gulf of Tonkin , Gulf of Thailand , and Pacific Ocean, along with China, Laos , and Cambodia .
Measures of personal income include average wage, real income, median income, disposable income and GNI per capita. Comparisons of GDP per capita are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries, see List of countries by GDP (PPP) per capita .
Real estate tycoon Truong My Lan faces the death penalty in a trial that began Tuesday over alleged fraud amounting to $12.5 billion — nearly 3% of the country’s 2022 GDP and Vietnam's largest ...
A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year.
Cà Mau ⓘ Peninsula (Vietnamese: Bán Đảo Cà Mau) makes up the southern tip of Vietnam. It is in Cà Mau province, and lies between the Gulf of Thailand to the west and the South China Sea to the east. Cà Mau is a triangular stretch of land, with a maximum length of 130 miles and average height of seven feet above the sea level.
1886 map of Indochina, from the Scottish Geographical Magazine. In Indian sources, the earliest name connected with Southeast Asia is Yāvadvīpa []. [1] Another possible early name of mainland Southeast Asia was Suvarṇabhūmi ("land of gold"), [1] [2] a toponym, that appears in many ancient Indian literary sources and Buddhist texts, [3] but which, along with Suvarṇadvīpa ("island" or ...