The economy of Vietnam is a developing mixed socialist-oriented market economy. It is the 35th-largest economy in the world by nominal gross domestic product (GDP) and the 26th-largest economy in the world by purchasing power parity (PPP). It is a lower-middle income country with a low cost of living. Vietnam is a member of the Asia-Pacific Economic Cooperation, the Association of Southeast Asian Nations and the World Trade Organization.
Transportation in Vietnam is improving rapidly in terms of both quantity and quality. Road traffic is growing rapidly but the major roads are dangerous and slow to travel on due to outdated design and an inappropriate traffic mix. In recent years, the construction of expressways has accelerated. Air travel is also important for long distance travel. Metro systems are under construction in the two metropolises of Hanoi and Ho Chi Minh City.
Ho Chi Minh City, commonly known as Saigon, is the most populous city in Vietnam, with a population of around 10 million in 2023. The city's geography is defined by rivers and canals, of which the eponymously-named Saigon River is the largest. As a municipality, Ho Chi Minh City consists of 16 urban districts, five rural districts, and one municipal city (sub-city). As the largest financial centre in Vietnam, Ho Chi Minh City has the highest gross regional domestic product out of all Vietnam provinces and municipalities, contributing around a quarter of the country's total GDP. Ho Chi Minh City's metropolitan area is ASEAN's 6th largest economy, also the biggest outside an ASEAN country capital.
Vietnam, officially the Socialist Republic of Vietnam, is a country at the eastern edge of mainland Southeast Asia, with an area of about 331,000 square kilometres (128,000 sq mi) and a population of over 100 million, making it the world's fifteenth-most populous country. One of the two Marxist-Leninist states in Southeast Asia, Vietnam shares land borders with China to the north, and Laos and Cambodia to the west. It shares maritime borders with Thailand through the Gulf of Thailand, and the Philippines, Indonesia, and Malaysia through the South China Sea. Its capital is Hanoi and its largest city is Ho Chi Minh City.
The Communist Party of Vietnam (CPV) is the founding and sole legal party of the Socialist Republic of Vietnam. Founded in 1930 by Hồ Chí Minh, the CPV became the ruling party of North Vietnam in 1954 and then all of Vietnam after the collapse of the South Vietnamese government following the Fall of Saigon in 1975. Although it nominally exists alongside the Vietnamese Fatherland Front, it maintains a unitary government and has centralized control over the state, military, and media. The supremacy of the CPV is guaranteed by Article 4 of the national constitution. The Vietnamese public generally refer to the CPV as simply "the Party" or "our Party".
Bà Rịa–Vũng Tàu is a province of Vietnam. It is located on the coast of the country's Southeast region. It also includes the Côn Đảo islands, located some distance off Vietnam's southeastern coast. From 1954 to 1975, under South Vietnam, the province was called Phước Tuy.
Vietnam National University, Ho Chi Minh City is a public research university system in Ho Chi Minh City, Vietnam. VNU-HCM is one of two Vietnam's national universities, the other one being Vietnam National University, Hanoi.
Vinamilk, formally the Vietnam Dairy Products Joint Stock Company is the largest dairy company in Vietnam. Based on the UNDP 2007 Top 200 largest firms in Vietnam report, it was also the 15th largest company in Vietnam and formerly the most valuable public company listed in Vietnam. In 2010, it is the first company in Vietnam to be included in the Forbes Asia's 200 Best Under A Billion list that highlights 200 top-performing small- and mid-sized companies with annual revenue under US$1 billion.
Đông Nam Bộ is a region in Vietnam. This region includes one municipality, Ho Chi Minh City; and five provinces: Đồng Nai, Bình Dương, Bà Rịa–Vũng Tàu province, Bình Phước and Tây Ninh. The two south central provinces Ninh Thuận and Bình Thuận are sometimes seen as part of the Southeast region. This region is the most economically developed region in Vietnam. In 2006, this region contributed 148,000 billion VND out of 251,000 billion VND to the state budget. This region is also the most highly urbanized in the country with more than 50% people living in urban areas.
The Vietnam Air Services Company, operating as its acronym VASCO, is an airline headquartered in Tân Bình district, Ho Chi Minh City, Vietnam. A fully owned subsidiary of Vietnam Airlines, it mainly operates regional scheduled flights on behalf of Vietnam Airlines. It also conducts charter flights, medical evacuations, SAR operations, oil platforms flights, and other aviation services.
Tourism in Vietnam is a component of the modern Vietnamese economy. In 2019, Vietnam received 18 million international arrivals, up from 2.1 million in the year 2000. The Vietnam National Administration of Tourism is following a long-term plan to diversify the tourism industry, which brings foreign exchange into the country.
The following outline is provided as an overview of and topical guide to Vietnam:
India–Vietnam relations, also known as Indian-Vietnamese relations, are the bilateral relations of India and Vietnam.
Ho Chi Minh City metropolitan area is a metropolitan area that was in June 2008 proposed by the Ministry of Construction of Vietnam to the Government of Vietnam for approval. According to this master plan, this metropolitan area will include provinces around Ho Chi Minh City in the Southeast region and 2 provinces in the Mekong Delta region.
Petrolimex Joint Stock Insurance Company (PJICO) is state-owned insurance company in Vietnam, involved in the non-life insurance market. The company's stock is currently not listed on the Ho Chi Minh City Securities Trading Center and it is majority-owned by Petrolimex (51%), a state-owned petroleum company. The company is headquartered in Hanoi and has 49 branches most of Vietnam's provinces. PJICO is the fourth largest insurance provider in Vietnam, and it is the third largest non-life insurer. It had a share of around 10% in the insurance market in 2011, making it fourth after Bao Viet Insurance, PetroVietnam Insurance and Bao Minh.
The North–South express railway is a proposed high speed railway in Vietnam. The line would begin in Lạng Sơn and end in Cà Mau, connecting the two most urbanised areas in the country: Hanoi in the North, and Ho Chi Minh City in the South. This project is part of the country's railway transport development strategy by 2020 with a vision to 2050. The project is also part of the Trans-Asian railway network.
Nguyễn Xuân Minh is the Executive Chairman of Techcom Securities, a subsidiary of Techcombank – a leading joint stock bank in Vietnam. Techcom Securities (TCBS) is the leading Wealthtech company and is the largest securities company in Vietnam in terms of profit and brand value. TCBS helps domestic companies raise in aggregate more than U$3 billion per year via Debt and Equity Capital Markets in Vietnam. It also has more than 80% market share in trading of local listed corporate bonds in Vietnam. Consecutively, Techcom Securities was named the Best Bond House in Vietnam for 2007–2016, 2008–2017 and 2009–2018 by Alpha Southeast Asia and the Best Debt Capital Markets House for 2017, 2018 and 2019 in Vietnam by FinanceAsia.
Singapore–Vietnam relations refer to the bilateral relations between the Republic of Singapore and the Socialist Republic of Vietnam. Singapore and Vietnam started the trade relations in the 19th century. Due to the anti-communist policy of Singapore, Singapore supported South Vietnam before the unification of Vietnam. Singapore also started formal diplomatic relations with North Vietnam on August 1, 1973. After the unification of Vietnam, Singapore started to improve its relations with the Socialist Republic of Vietnam. Relations worsened during the Cambodian–Vietnamese War, but have improved once more after the People's Army of Vietnam withdrawal from Cambodia.
Vingroup Joint Stock Company is a Vietnamese conglomerate headquartered in Long Bien district, Hanoi. Vingroup is one of the largest conglomerates of Vietnam, focusing on technology, industry, real estate development, retail and services from healthcare to hospitality. As of 2022, the revenue of Vingroup and its subsidiaries was almost 1.1% of the GDP of Vietnam.
