The population of
Vietnam is 96.5 million and land area is 127,881 square miles. Labor force was
55.1 million. Labor force by occupation was agricultural 39%, industry 27%,
services 35%. Unemployment was 2.2%. Inflation was 2.8%
In 2018 Nominal GDP
was $274 billion and GDP growth was 7%. GDP Rank is 44th. Nominal
per capita GDP was $2,860. GDP by sector was agricultural 15%, industry 39%,
services 44%.
Main industries were
mobile phone, electronics, machinery, steel, food processing, wood, textile,
footwear, vehicles, rice, coffee, cashews, seafood and vegetables.
Exports were $214
billion including mobile phones, textiles, electronics, machinery, footwear,
vehicles, wood, seafood, steel, oil, pepper, rice and coffee to US 20.1%, China
14.5%, Japan 8%, South Korea 6.8%, others 50.6%.
Imports were $211
billion including machinery, equipment mobile phone, oil and raw materials to
produce clothing, shoes, electronics, plastics, vehicles, metal and chemicals
from China 26%, South Korea 21%, Japan 8%, Thailand 5% and others 40%.
Government Revenue $48
billion, Spending $57 billion, Debt to GDP 61%, External Debt $79 billion.
Vietnam is a Communist Country.
Norb Leahy, Dunwoody
GA Tea Party Leader
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