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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

Current as of  the month reported, data sources include VVG original research,  General Statistical Office, MPI, Vietnam Investment Review, Vietnam Economic Times, and Vietnam Business Journal

Rates of Inflation & Currency Exchange

Current Annual Rate of Inflation:  9.2%

Current Rate of Exchange (cash in new bills denominated in $100 or $50 only)
Vietnam dong to US dollar: 13,850 : 1

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Balance of Trade
US$ billions

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.

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GDP Growth (%)

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GDP (converted to US$ billion)   VND 1 = US$  14,000 (constant) Reported in billion dollars

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GDP per capita (converted to US$)  VND 1 = US$  14,000 (constant) Reported in actual $

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Foreign Capital Investment 

All Nations: 1,760 projects with Total Investment Capital $31.215 billion

Top Twelve Nations

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Foreign Investment By Sector  Total Foreign Investment by Sector (US$)

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Foreign Investment By Province: Top Ten Locations by Total Investment Capital.  NOTE: These figures are as reported by the MPI in the Vietnam Investment Review, and do not always reflect the same data as is available in the reported provinces.  Total investment capital is paid-in capital (referred to in Vietnam as Legal Capital) plus all loans needed for the life of a project as projected at the time of licensing, or  as a company's charter may be subsequently amended.  This is quite different from "steel-in-the-ground" (referred to in Vietnam as total capital committed).   Accurate figures for Capital Committed are not readily available.  Estimates differ among multilateral institutions but currently run at between $4 billion to $8 billion.

*Until late 1997 Binh Duong and Hai Duong had been combined as Song Be province

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Additional data is found on the American Chamber of Commerce in Vietnam website.   When you arrive there, click onto the Business page.  http://www.amchamvn.com .

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