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In the first quarter of 2024, Vietnam’s economy expanded 5.7% year on year. While that was faster than the 3.4% growth reported the previous quarter, it was still a lower-than-expected result ...
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 is already a market economy," said Ted Osius, head of the U.S.-ASEAN Business Council, which backs the upgrade. "It has met key criteria such as currency convertibility and is ready for ...
Anhao Paper Factory, 1961. South Vietnam had a small industrial sector and fell far behind other countries in the region in this respect. [1] Output increased 2.5 to 3 times over the 20 years of the country's existence, but the share in total GDP remained at only around 10%, even dropping to 6% in some years, while the economy was dominated by strong agricultural and service sectors. [1]
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).
CBV-Index is divided into 10 indices of the ten major industries of Vietnam economy (based on ICB-Industry Classification Benchmark, developed by FTSE and Dow Jones Limited, currently in use by NYSE). These are 10 main industries that reflect Vietnam economic growth and have strong correlation with the macroeconomic cycle of Vietnam:
The General Statistics Office of Vietnam (GSO; Vietnamese: Tổng cục Thống kê, lit. 'General Department of Statistics') [3] [a] is an office serves under the Ministry of Planning and Investment (MPI) realizing the function as an adviser for the MPI Minister in state management for statistics; conducting statistical activities and providing social and economic information to organizations ...
Vietnam’s president resigned in the latest episode of the ruling Communist Party's “blazing furnace” anti-corruption campaign, and Vice President Vo Thi Anh Xuan was named acting president.