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Vietnam Desk
KPMG's New & Emerging Markets practice has a dedicated Vietnam Desk to assist UK companies investing
in Vietnam, and to support Vietnamese companies investing in the UK.See below for a Country Profile, Economic Data, and Useful Links.
Country Profile
| Name: |
Sozialist Republic of Vietnam (Cong Hoa Xa Hoi Chu Nghia Viet Nam) |
| Position: |
8° 34’ N - 23° 22’ N |
| Area: |
326,797 km2 |
| Capital: |
Hanoi (3.5 millions) |
| Population: |
81.4 millions, among them 54 ethnic minorities (9.9 millions) |
| Language: |
Vietnamese |
| Form of State and government: |
One-party-system |
| Head of State: |
Nguyen Minh Triet |
| Head of government: |
Nguyen Tan Dung |
| Administrative structure |
61 administrative provinces, four independent city administrations (Hanoi, Da Nang, Ho-Chi-Minh-Ciry and Haiphong) |
| Membership in international organisations: |
UN, ASEAN, ASEAN Regional Forum (ARF), World Bank, IMF, Asian Development Bank (ADB), Asia-Pacific Economic Cooperation (APEC). |
Economic Data 2005
|
Currency |
Dong D (1 Dong = 10 Hào = 100 Xu) |
| Currency – Exchange rate |
1 Euro = approx. 20,780 Dong |
| GDP (real) |
44.5 |
| GDP/ resident |
approx. 540 Euro |
| Economic growth |
8.4 % |
| Inflation rate |
8.3 % |
| Unemployment |
5.0 % |
External trade:
Exports
Imports
Balance |
32.2 billions USD
33.5 billions USD
-1.3 billions USD |
Important export goods
(share in %) |
Crude oil 23.4%; textiles & yarn 15.2%
Fish & seafood 9.5% |
Main export countries
(share in %) |
Japan 20.3%; China 13.7%; Singapore 8.5% |
| FDI (Flow-in until 2005) |
2.4 billions USD |
Status: March 2006
Sources:
German Foreign Office
German Office for Foreign Trade
Useful Links
Foreign Ministry of Vietnam
Ministry for Infrastructure and Investment
Ministry of Commerce
Ministry for Industrial Development
Chamber of Commerce of Vietnam (VCCI)
Business Information Centre
Vietnam Economy
For
further information about our services,
or if you would like one of our professionals
to contact you, please  . |
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