Official Name: | The Socialist Republic of Vietnam |
Sovereign Status: | Sovereign Country |
Government Type: | Communist state |
Official Name (Local Language): | Cong Hoa Xa Hoi Chu Nghia Viet Nam |
ISO Country Codes: | VN : VNM |
Internet Domain: | .vn |
Government Web Site: | http://www.chinhphu.vn |
Capital: | Hanoi | Main Airports: | Noi Bai International Airport, Tan Son Nhat International Airport |
Language(s): | Vietnamese | Population: | 102,789,598 |
Currency: | Vietnamese Dong | ISO Currency Code: | VND |
Telephone Dial In: | +84 | ID Prefix: | 00 |
Government Website: | http://www.chinhphu.vn |
Sovereign Ratings: | https://countryeconomy.com/ratings/vietnam |
Central Bank: | State Bank of Vietnam |
Currency USD Exchange Rate: | 23,129 dong (VND) per US dollar (2020 est.) |
Unemployment Rate: | 3.11% (2018 est.) |
Population below poverty line: | 8% (2017 est.) |
Inflation Rate: | 2.7% (2019 est.) |
Prime Lending Rate: | 7.90% (2020 - World Bank) |
GDP: | $259.957 billion (2019 est.) |
GDP Pro Capita (PPP): | $8,041 (2019 est.) |
Currency Name: | Vietnamese Dong |
Currency Code: | VND |
World Bank Classification: | Lower Middle Income |
GDP Composition:
Agriculture: | 17% | rice, coffee, rubber, tea, pepper, soybeans, cashews, sugar cane, peanuts, bananas; pork; poultry; seafood |
Industry: | 39% | food processing, garments, shoes, machine-building; mining, coal, steel; cement, chemical fertilizer, glass, tires, oil, mobile phones |
Services: | 44% |
Subject to Country Specific Sanctions? NO
The World Bank’s World Integrated Trade Solution
Business Language(s): | English; Vietnamese |
Customs & Excise: | Vietnam Customs |
Development Bank(s): | Asian Development Bank; Asian Infrastructure Investment Bank; The Vietnam Development Bank; |
National Standards Bureau: | Directorate for Standards, Metrology and Quality |
Competitive Ind’l Performance: 67/141 (2019) | Corruption Perceptions Index: 104/180 (2020) |
Ease of Doing Business: 70/190 (2019) | Enabling Trade Index: 73/136 (2016) |
Global Trade Alert | Search ITC's Lega Carta |
World Bank Logistics Performance Index |
Investment Agency: Foreign Investment Agency ; Investment & Export Promotion Agency: Investment and Trade Promotion Center ;
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