August 2010

Facts about Vietnam

 

Population, 2009: 88 million

Major cities: Ho Chi Minh (5.2 million); Hanoi (2.6 million); Haiphong (753,000) Danang (710,000), Dong Nai (696,000)

Average GDP growth, 1998-2009: 7.1%

Per capita GDP (in PPP), 2009: $2,900

GDP (in PPP), 2009: $258.9 billion

Inward FDI: 2000: $1.3 billion; 2008: $7.6 billion

Top 3 countries for FDI: Korea (15%); Singapore (13%), Taiwan (12%)

Share of global trade, 2008: 0.73%

Leading export: Garments, $9.1 billion

Leading import: Machinery and equipment, $12.7 billion

Percent of population under 19 years old: 37%

Median age: 27.4

Percent population urban: 28%

Rate of urbanization: 3.1%

Number of households, with $5,000+ in annual income, 2008: 3.7 million

Projected number of households with $5,000+ income, 2013: 11.9 million

Number of mobile telephones, 2003: 3.5 million; 2008: 70 million

Compound annual growth rate of exports, 1995-2007: 20%

Top 3 destinations for exports: U.S. (16%), Japan (14%), China (9%)

Compound annual growth rate for imports, 1995-2007: 19%

Top 3 sources for imports: China (14%), Singapore (13%), Taiwan (12%)

 

SOURCES: McKinsey data; Vietnam government; U.S. government, UN, World Bank