Anda di halaman 1dari 24

Vietnam

Vietnam

Vietnam

Size 331,210

Climate Tropical and monsoons


Capital Hanoi
Political Structure Communist State
Leader President Nguyen Minh Triet
Official languages Vietnamese
Other Languages English, Chinese, French, Khmer,
Population 90 ,000,000
Age breakdown 0-14 (26%), 15-64 (68,1%), 65 up (6%)
Major religion None (80%)
Other Buddhism (9%), Christianity (7%)
Industries Food processing, garments, shoes, machine building, mining
GDP 270 billion US$
GDP per capita 2900 US$

Vietnam
Third biggest country in ASEAN
Thirteen biggest population in the world
Rich country in recourses (as most of ASEAN countries)
Oil, and gas, timber, hydropower, marine resources,
coal, minerals, agri products, coffee,, tea, rubber and
etc.
One od the most fastest economy in ASEAN despite
large size and population
After economic reforms in 1980 it has been even fastest
economic growth and global economic force

Vietnam
Natural Increase: 1.1%
Density: 293 Inhabitants/km
Urban Population: 33.0%
Type of Economy: Developing economy.
One of the fastest-growing economies of South-East
Asia. Largest rice exporter in the world.
HDI*: 0.639/1
HDI (World Rank): 121/187

Vietnam
Computers: 1.3 per 100 Inhabitants
Telephone Lines: 11.4 per 100 Inhabitants
Internet Users: 39.5 per 100 Inhabitants
Access to Electricity: 97.6% of the Population

Vietnam continue
Respective level of foreign investment
Hardworking and motivated Workforce (well educated,
as better feedback model)
Member of WTO 2006
It is well integrated in world economy
Vietnam have been well known in conflicts both internal
as external conflicts
Vietnam unified in 1976
Member of UN 1977

Vietnam Continue
End of Vietnam war not end the conflict in Vietnam
Invaded Cambodia in 1978 and crated conflicts between
China and Vietnam (CCCP conflicts with China)
That time Vietnam was isolated in international economy and
co-operations
End of cold war and collapse of Soviet Union change power
balance and Cambodian conflict resolved.
China and Vietnam relations normalized in 1990
Vietnam and Japan 1993
Member of ASEAN 1995

Political system
Vietnam is officially communist state, but some changes where made in
1992 constitution
Power is distributed by president, prime minister and national assembly
with 493 seats
Candidates must to approved by communist party
HOWEVER there is also small groups of elected members who are not
members of communist party
National assembly meets twice every year
The real power is communist party and secretary general of communist
party
Still enjoys respects of the people, because the role of defeating French
colony

Political system
Why Communist party is still power and popular
Resisting American intervention
Reunifying country
Standing UP in Chinese Bullying
Most important bringing peace and stability
Stability was platform for economic development and
poverty reduction which increased quality of life

Legal System
Legal system based in communist legal theory and
French civil law
Case law not apply in Vietnam
The legal system is still under the considered
incomplete and behind world system
The legal system in turn more international standards to
rompte international tranactions as the country opened
its doors to the rest of the world

Vietnam
For the past 15 years, the Vietnamese economy has been truly
booming. The per capita GDP, which was only USD 220 in 1994,
tripled between the years 2002 and 2010, reaching USD 3,800
per capita in 2013. Vietnamese growth is sustained by
international trade and foreign investment, with exports
ensuring more than two-thirds of the GDP in 2014.
The impact of the financial crisis on Vietnam was limited, with
the country experiencing a GDP growth of 5.2% in 2012, 5.4% in
2013, and 5.5% in 2014. Certain sectors, e.g. industrial
production, textile, shoe, electronics and seafood production
have been growing rapidly. The 2015 growth outlook remains
one of the best in Asia, at a rate of 5.6%.

Vietnam
Main
Indicators

2011

2012

2013

2014

2015 (e)

GDP (billions
USD)

134.60

155.57

170.57

187.85e

204.54

GDP
(Constant
Prices,
Annual %
Change)

6.2

5.2

5.4

5.5e

5.6

GDP per
Capita (USD)

1,532

1,753

1e

2,073

2,233

General
Government
46.7
Gross Debt
(in % of GDP)

48.5

51.6

54.8

57.1

Inflation Rate
18.7
(%)

9.1

6.6

5.2e

5.2

Unemployme
nt Rate (% of
4.5
the Labor
Force)

4.5

4.4

4.4

4.4

Current
Account
0.23
(billions USD)

9.27

9.47

7.79e

7.00

Current

Economic system
Compare Vietnam its neighbouring countries Vietnam started its
economic development rather late due more than three lost
decades
Despite that, Vietnam has become one of the fastest growing
economies in ASEAN, Asia and the world
1980 Vietnam turn from centrally controlled economy to open
economy
Include market-oriented monetary policy,
Outward looking policy in external economic relations
Revised foreign investment law
Exchange rates and interest rates respond the market

Economic continue
Reliance on the private sector as an engine for
economic development and modernization
Allowed some autonomy in state industries and
corporations
Private owned (also state owned) industries deals
directly with foreign as domestic market
Agriculture sector has steadily declined in terms of its
contribution in GDP.
Despite the decline in contribution of GDP Vietnam have
also great development of agriculture sector

Economy
Mining industry plays important roles in Vietnams economy
Minerals, (large share of Vietnam export sector)
Barite
Copper
Coal
Gold
Zink
nickel
Almost everything

Economy
Agriculture
Vietnam increased its rice productivity and reach number one
position in rice exporter in the world
Also bananas
Sugarcane
Fish and seafood
Poultry
Different kinds of fruit
Around 20% of GDP
But still employs 50% of labour force

Economy
Industry contribute around 40% of GDP but employs around 15 % of
labour force
Important sector is machinery manufacturing which count almost half
of industry export
Machinery industry growth around 19 % annually
Service sector counts little bit less than 40 % of GDP and employs
30% of labour force
This sector growth around 6% annually
Tourism alone account 13 % in Vietnams GDP (inside service sector)
Tourism sector is fourth fastest growing tourist destination in the world
Vietnam GDP growth annually 6 to 8 %

Economy

FDI Vietnam
In a context where Global foreign investment declined
by 8% in 2014 to its weakest level since 2009 at USD
1.26 trillion - in particular in North America (-54%) and
in Latin America (-19%) - FDI flows to developing
economies reached a high of USD 700 billion (+4%
compare to the previous year, with a global share of
54%).
If FDI flows to the European Union (EU) increased by
13% in 2014 (still representing only one third of the
2007 peak), fragility of the global economy, policy
uncertainty and geopolitical risks are driving investors
to caution.

FDI in glance
FDI inflows to Vietnam have increased considerably
since the country authorised foreign investments back
in 1988, and it reached record levels in 2010 and 2011.
The social-political stability of the country is one of its
main assets. Although FDI was affected by the global
economic crisis, showing a drop in 2009, the policy of
economic openness has since 2010 resulted in growing
investor attraction:
the FDI flows increased to $11 billion in 2011 (they
were less than $2 billion at the beginning of the 2000s)
and the levels of investment have remained high since
then.

FDI ..
Traditionally, Vietnam was directed towards light industry, but
FDI is now rapidly growing in heavy industry, real estate and
tourism. Investment planners in Vietnam estimate a significant
growth in the FDI capital, confirming the country's position in
thrid place amongst Asian nations in terms of investment
attractiveness, just behind China and India. In 2014, the amount
and quality of FDI have improved in Vietnam. The country has
attracted important projects in high-tech, industry and human
resources. Vietnam has attracted 1,427 new projects in 2014 for
a total amount of FDI of over USD 17.33 billion.
The country is willing to create a more favourable environment
for foreign investors.

FDI Continue
Foreign Direct
Investment

2012

2013

2014

FDI Inward Flow


(million USD)

8,368

8,900

9,200

FDI Stock (million


USD)

72,891

81,791

90,991

Number of
Greenfield
Investments***

174

133

251

FDI Inwards (in % of


GFCF****)

22.2

22.1

21.8

FDI Stock (in % of


GDP)

46.9

48.0

48.9

Why You Should Choose to


Invest in Vietnam
Strong Points
The country's strong points are:
- Positive economic prospects in terms of growth, despite the global crisis;
- A young, cheap, rapidly growing and more and more technologically qualified manpower;
- A certain social-political stability;
- A government committed to liberalizing the economy and to introducing reforms based on the free
market.
Weak Points
- The country's weak points are:
- Weak financial structure. Although it is undergoing reforms, the financial sector is neither well regulated
nor independent of the government;
- The lack of guarantees for property rights;
- A high level of corruption.
Foreign investment is subject to an array of unclear regulations, which cannot be legally guaranteed. The
judiciary is subject to political influence, and commercial cases often take years to be resolved.

Anda mungkin juga menyukai