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Economic Indicators
Copyright © 1999-2008 Vietnam Venture Group, Inc. All rights reserved. Updated Mach 1, 2004
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VVG ~ VIETNAM VENTURE GROUP, Inc.Economic IndicatorsCopyright © 1999-2008 Vietnam Venture Group, Inc. All rights reserved. Updated Mach 1, 2004 |
This space provides the latest data that is available to us on key financial indicators. This is the official government picture on the economic climate in Vietnam. Please read this data in conjunction with Vietnam Vignettes , the various Business Articles , and our Service pages in order to learn how VVG may be of able to meet your specific needs. Please write to us
December 1998 |
|
| Balance of Trade GDP Growth (%) GDP (converted to US$) |
GDP per
capita (converted to US$) Foreign Capital Investment Foreign Investment By Sector |
Latest data available from General Statistical Office and VVG
research, current as of the month reported
With special thanks to MPI and Vietnam Economic Times
Archives |
Balance of Trade US$ billions
| 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | |
| Exports | 7.68 | 8.9 | 7.1 | 5.2 | 4.1 | |
| Imports | 9.58 | 11.2 | 11.1 | 7.5 | 7.5 | |
| Balance (+ -) | 1.9 | 2.3 | 4.0 | 2.3 | 1.2 |
Annual currency transfers from overseas Vietnamese adds an estimated $2.5 billion into the quiet economy, while smuggling adds approximately $1.5 billion more each year.
| 1995 | 1996 | 1997 | 1998 (e) | 1999 (f) |
| 9.54 | 9.34 | 8.8 | 6.0 | 5.0 - 6.0 |
GDP (converted to US$ billion) VND 1 = US$ 14,000 (constant) Reported in billion dollars
| 1995 | 1996 | 1997 | 1998 (e) | 1999 (f) |
| 15.917 | 18.472 | 21.121 | n/a | n/a |
GDP per capita (converted to US$) VND 1 = US$ 14,000 (constant) Reported in actual $
| 1995 | 1996 | 1997 | 1998 (e) | 1999 (f) |
| 214.29 | 242.86 | 278.57 | n/a | n/a |
All Nations: 1,763 projects with Total Investment Capital $32.235 billion
Top Twelve Nations
| Rank | Nation |
Number of Projects |
Total Capital (US$) | Rank |
Nation |
Number of Projects |
Total Capital (US$) |
| 1 | Singapore | 177 | 6.33b | 7 | United States | 70 | 1.40b |
| 2 | Taiwan | 307 | 4.26b | 8 | Malaysia | 59 | 1.37b |
| 3 | Honk Kong | 184 | 3.73b | 9 | Thailand | 78 | 1.11b |
| 4 | Japan | 212 | 3.50b | 10 | Br.Virgin Islands | 54 | 1.06b |
| 5 | South Korea | 190 | 3.15b | 11 | Switzerland | 18 | 721m |
| 6 | France | 86 | 1.46b | 12 | Great Britain | 20 | 716m |
Foreign Investment By Sector Total Foreign Investment by Sector (US$)
Sector |
# of Projects | Total Invested | Sector |
# of Projects | Total Invested |
| General Industry | 1,088 | 15.1b | Finance & Banking | 20 | 271.3m |
| Hotels & Tourism | 262 | 8.5b | Services | 100 | 225.8m |
| Industrial Zones | 17 | 4.1b | Export Processing Zones | 60 | 202.7m |
| Transport, Communication and Post | 59 | 2.6b | Housing Development | 29 | 85.5m |
| Oil & Gas | 24 | 1.2b | Fisheries | 20 | 55.6m |
| Agriculture & Forestry | 59 | 405.8m | Others | 32 | 267.6m |
Additional data can be found on the American Chamber of Commerce in Vietnam website: http://www.amchamvn.com . When you arrive there, click onto the Business page.
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