What is the GDP of Vietnam?

Vietnam's GDP is approximately $476.4 billion USD. The GDP growth rate is 7.1%.

What is the population of Vietnam?

Vietnam has a population of approximately 101 million people. The population growth rate is 0.6%.

What is the inflation rate in Vietnam?

The inflation rate in Vietnam is 3.6%.

What is the unemployment rate in Vietnam?

The unemployment rate in Vietnam is 1.5%.

What is the GDP per capita of Vietnam?

Vietnam's GDP per capita is approximately $4,717 USD.

Is Vietnam a good country to invest in?

Vietnam has an investment score of 54/100, classified as "Moderate" risk. Key sectors include Manufacturing, Electronics, Agriculture. Credit rating: BB+.

How open is Vietnam's economy to trade?

Vietnam's trade openness (trade as % of GDP) is 174%. Exports total approximately $429.5B and imports $398.8B.

How much foreign investment does Vietnam attract?

Foreign direct investment (FDI) in Vietnam is 4.2% of GDP. This indicates strong foreign investor interest.

What are the main economic sectors in Vietnam?

Vietnam's economy is composed of services (42% of GDP), industry (38% of GDP), and agriculture (12% of GDP).

Can I start a business in Vietnam as a foreigner?

Vietnam offers various options for foreign entrepreneurs. Visit our business setup guide for Vietnam for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Is Vietnam's economy growing?

Vietnam's GDP growth rate is 7.1%. This is above the global average, indicating strong economic momentum.

🇻🇳

Vietnam Economy Overview

Name: NationsData World Economic Dataset
Creator: NationsData
License: https://datacatalog.worldbank.org/public-licenses#cc-by

East Asia & PacificLower MiddleCapital: HanoiVNM

Moderate

BB+

Growing

476.4B USD

GDP (Nominal)

Growing at 7.1%

$4,717

GDP Per Capita

Middle income level

101M

Population

+0.6% annual growth

Stable

3.6%

Inflation

Moderate

174%of GDP

Trade Openness

Strong

4.2%of GDP

FDI Inflows

Public Debt

Low

1.5%

Unemployment

Surplus

+$30.7B

Trade Balance

Currency & Exchange Rate

Currency

₫ Vietnamese Dong

VND

Exchange Rate (1 USD)

₫25,350.00

+2.0% YoY(weakened)

5-Year Change

+9.3%

From ₫23,200.00

Regime & Controls

managed float

Capital controls: moderate

GDP

Billion USD, nominal

$476.4B

2024+42.5B

GDP Growth

Annual %

7.1%

2024+2.0%

Inflation

Consumer prices, annual %

3.6%

2024+0.3%

Population

Millions

101M

2024+0.6M

Economic Structure

Services42%

Industry38%

Agriculture12%

Infrastructure63/100

Internet Speed

90 Mbps

Mobile: 38 Mbps

Logistics Index

3.3 /5.0

World Bank LPI

Electricity

85%

Reliability score

Connectivity

good

73% internet access

Investment Score Breakdown

Economic Health (30%)62

Political Safety (25%)42

Business Climate (20%)52

Financial Strength (15%)52

Growth Potential (10%)80

Key Sectors

Manufacturing

33% of GDP

growing

Electronics

18% of GDP

growing

Agriculture

12% of GDP

stable

Tourism

7% of GDP

growing

Should I Invest in Vietnam?

HoldSetup: ComplexROI: High

Vietnam scores 54/100 on the NationsData Investment Index, rated "Moderate". The economy is growing at 6.5%, offering expanding market opportunity. Business setup takes approximately 79 days with a corporate tax rate of 20%.

Investment Score54/100

GDP Growth6.5%

Inflation3.5%

FDI/GDP4.5%

Public Debt38%

Political Stability0.2

Corporate Tax20%

Ease of Business#70

Strengths

+Strong GDP growth at 6.5% - expanding market opportunity
+Low public debt (38% of GDP) - fiscal headroom
+Highly trade-open economy (200%) - global market access
+100% foreign ownership allowed - no local partner required
+No dividend withholding tax - easy profit repatriation
+Extensive tax treaty network (80 countries)

Risks

-Moderate political risk - monitor regulatory changes closely

Best For

Manufacturing (growing, score: 85)Electronics (growing, score: 82)Labor-intensive manufacturing

Also Consider

Philippines

Same region, similar income level

Indonesia

Same region, similar income level

Fiji

Same region, similar income level

Mongolia

Same region, similar income level

Countries Similar to Vietnam

Based on investment profile, economic size, growth rate, and region

🇵🇭

Philippines

Similar investment profile · Similar risk level

96% match

🇮🇩

Indonesia

Similar investment profile · Similar risk level

94% match

🇲🇦

Morocco

Similar investment profile · Similar risk level

85% match

🇯🇴

Jordan

Similar investment profile · Similar risk level

85% match

🇹🇭

Thailand

Same region

83% match

Start a Business in Vietnam

Entity types, registration steps, costs, tax rates, labor laws, and break-even calculator

Explore more for Vietnam

Go deeper with Vietnam

Sign up free to access investment risk scores, business setup guides, and cost calculators for Vietnam and 40+ other countries.

Loading Macroeconomic Data

Fetching live data from World Bank...