VIETNAM COMPETENCE CENTRE
FOR THE GERMAN AGRICULTURAL AND FOOD INDUSTRY
Vietnam, a rapidly growing economy, is located in Southeast Asia and borders China to the north and Cambodia and Laos to the west.
The country is the EU's second largest trading partner in Southeast Asia and, with a trade volume of around EUR 14 billion, Germany is by far its' largest European partner.
Hanoi
331,210 sq km
98.5 million (2021)
2%
31
Vietnamese
Vietnamese, English
Capital city:
Land area:
Population:
Annual growth:
Average age:
Official language:
Business languages:
Source: GSO Vietnam, MPI Vietnam and World Bank.
Further information (in German) can be found at "Germany Trade and Invest" 👉 here
Main religions:
Life expectancy:
Currency:
GDP growth:
Inflation:
Exports:
Imports:
Main export goods:
Main imports:
Unemployment rate:
Workforce:
Main industries:
No religion / atheism (74%); Mahayana Buddhism (13%)
70 years (men); 79 (women)
Vietnam Dong (abbreviation VND)
6.5% (2019)
2.5% (2020, impact of the Corona crisis)
2.8% (2019)
3.1% (2020)
264 billion USD / + 8% growth (2019)
253 billion USD / + 7% growth (2019)
Electrical machines (40.4%); Shoes (7.8%); Machines (5.5%)
Electrical machines (26.6%); Machines (9.6%); Plastics (5.2%)
1.9% (2019)
77% (2019)
Agriculture: 15% of GDP
Industry: 33% of GDP
Services: 51% of GDP