GDP:

purchasing power parity - $227.2 billion

GDP - Real Growth Rate:

7.7%

GDP - per capita:

purchasing power parity - $2,700

GDP - composition by sector:

agriculture: 21.8%
industry: 40.1%
services: 38.1%

Labour force:

42.98 million

Labour force - by occupation:

agriculture 63%, industry and services 37%

Unemployment rate:

1.9%

Household income or consumption by percentage share:

lowest 10%: 3.6%
highest 10%: 29.9%

Inflation rate (consumer prices):

9.5%

Investment (gross fixed):

36.6% of GDP

Budget:

revenues: $10.66 billion
expenditures: $13.09 billion, including capital expenditures of $1.8 billion

Agriculture - products:

paddy rice, coffee, fish and seafood, rubber, cotton, tea, pepper, soybeans, cashews, sugar cane, peanuts, bananas, poultry

Industries:

food processing, garments, shoes, machine-building, mining, cement, chemical fertilizer, glass, tires, oil, coal, steel, paper

Industrial production growth rate:

16%

Electricity - production:

34.48 billion kWh

Electricity - consumption:

32.06 billion kWh

Oil - production:

359,400 bbl/day

Oil - consumption:

185,000 bbl/day

Oil - proved reserves:

650 million bbl

Natural gas - production:

1.3 billion cu m

Natural gas - consumption:

1.3 billion cu m

Natural gas - proved reserves:

192.6 billion cu m

Current account balance:

$-2.061 billion

Exports:

$23.72 billion f.o.b.

Exports - commodities:

crude oil, marine products, rice, coffee, rubber, tea, garments, shoes

Exports - partners:

US 19.8%, Japan 13.7%, China 8.4%, Australia 7%, Germany 5.7%, Singapore 4.8%, UK 4.6%

Imports:

$26.31 billion f.o.b.

Imports - commodities:

machinery and equipment, petroleum products, fertilizer, steel products, raw cotton, grain, cement, motorcycles

Imports - partners:

China 13.6%, Japan 11.5%, Singapore 11.5%, Taiwan 10.2%, South Korea 9.8%, Thailand 6.7%, Hong Kong 4.4%, US 4.1%, Malaysia 4.1%

Reserves of foreign exchange and gold:

$6.51 billion

Currency (code):

Dong (VND)

Exchange rates:

Dong per US dollar - 16,100 (2007), 16,000 (2006), 15,900 (2005), 15,746 (2004), 15,510 (2003), 15,280 (2002), 14,725 (2001), 14,168 (2000)

Fiscal year: