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BBA 2194
MAnAgeriAl eCOnOMiCS

THE VIETNAM
ECONOMY
GROUP MEMBERS ::PRISCA
GROUP MEMBERS PRISCA
::HANIM
HANIM
::SHARMILA
SHARMILA
:: ASMIDAH
ASMIDAH
::SURIANI
SURIANI

YOUR FUTURE BEGINS HERE
OVE
RVIE
W
•
•
•
•
•
•
•
•
•
•
•

Country profile
Economic sector
Labor market
Labor force
Unemployment rate
Inflation rate
International trade
Balance of trade
Government budget
Interest rate
Lending rate

YOUR FUTURE BEGINS HERE
VIE NAM
T

YOUR FUTURE BEGINS HERE
INT
RODUCT
ION
VIETNAM
GOVERNMENT : Planned economy and market economy
CAPITAL : Ha Noi
GDP : $137.68 billion (2012 est)
CURRENCY : DONG

4
YOUR FUTURE BEGINS HERE
P UL ION
OP AT
POPULATION
o Vietnam Population is consisted of
around 8.5 billion people
(published by world bank in 2012)

Major urban population
oHo Chi Minh City : 7.162 Million
oHa Noi : 6.448 Million
oHai Phong : 1.837 Million
YOUR FUTURE BEGINS HERE
P OP E AND SOCIE Y
E L
T

YOUR FUTURE BEGINS HERE
P OP E AND SOCIE Y
E L
T

YOUR FUTURE BEGINS HERE
P OP E AND SOCIE Y
E L
T

YOUR FUTURE BEGINS HERE
P UL ION GROW H
OP AT
T

8.5 billion

YOUR FUTURE BEGINS HERE
P UL ION GROW H
OP AT
T
 The Population growth (annual %) in Vietnam was last reported at 1.04 in
2011, according to a World Bank report published in 2012.
 Annual population growth rate for year t is the exponential rate of growth
of midyear population from year t-1 to t, expressed as a percentage .
 Population is based on the de facto definition of population, which counts
all residents regardless of legal status or citizenship• ( except for refugees not permanently settled in the country of asylum, who
are generally considered part of the population of the country of origin)

YOUR FUTURE BEGINS HERE
GDP GROW H RAT
T
E

4.9% (2013 Q1)

YOUR FUTURE BEGINS HERE
VIE NAM GDP P R CAP A
T
E
IT

$3,545 (PPP, 2012 est.)

YOUR FUTURE BEGINS HERE
VIE NAM E
T
CONOM SE OR
IC CT
• Primary
–Agriculture
–Fishery
–Forestry
–Energy
–Mining
–Mineral

• Secondary
–Manufacturing &
–Industry

• Tertiary
–Services & tourism

YOUR FUTURE BEGINS HERE
VIE NAM L OR M
T
AB
ARK T
E

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L OUR F
AB
ORCE

YOUR FUTURE BEGINS HERE
UNE P OYM NT RAT
M L
E
E
o 4.3% (2012 est.)
o 3.6% (2011 est.)
 Unemployment Rate in Vietnam increased to 2.06 percent in the third
quarter of 2012 from 1.87 percent in the second quarter of 2012.
 Unemployment Rate in Vietnam is reported by the General Statistics Office
of Vietnam.
 Historically, from 1998 until 2012, Vietnam Unemployment Rate averaged
2.56 Percent reaching an all time high of 4.50 Percent in December of
1998 and a record low of 1.87 Percent in June of 2012.
 In Vietnam, the unemployment rate measures the number of people
actively looking for a job as a percentage of the labour force.
YOUR FUTURE BEGINS HERE
INF AT
L ION RAT
E

YOUR FUTURE BEGINS HERE
INF AT
L ION RAT
E
 The inflation rate in Vietnam was recorded at 6.36 percent in
May of 2013.
 Inflation Rate in Vietnam is reported by the General Statistics
Office of Vietnam.
 Historically, from 1996 until 2013, Vietnam Inflation Rate
averaged 7.36 Percent reaching an all time high of 28.24
Percent in August of 2008 and a record low of -2.60 Percent in
July of 2000.
 In Vietnam, the inflation rate measures a broad rise or fall in
prices that consumers pay for a standard basket of goods.
YOUR FUTURE BEGINS HERE
INT RAT
E
IONAL T
RADE

YOUR FUTURE BEGINS HERE
INT RAT
E
IONAL T
RADE

YOUR FUTURE BEGINS HERE
B ANCE OF T
AL
RADE

YOUR FUTURE BEGINS HERE
B ANCE OF T
AL
RADE
 Vietnam recorded a trade deficit of 300 USD Million in March of 2013. Balance of
Trade in Vietnam is reported by the General Statistics Office of Vietnam.
 Historically, from 1990 until 2013, Vietnam Balance of Trade averaged -492.21 USD
Million reaching an all time high of 1102 USD Million in July of 2011 and a record
low of -3888 USD Million in December of 1996.
 Vietnam exports mainly crude oil, textiles, seafood, rice, electronics and computers
and rubber.
 It's main exports partners are United States, Japan, China, Australia and Singapore.
 Vietnam imports machinery tools and spare parts, petroleum, steel, fabrics and
plastics.
 Vietnam's main imports partners are China, Japan, South Korea, Taiwan, Thailand
and Singapore.
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GOVE
RNM NT B
E
UDGE
T

YOUR FUTURE BEGINS HERE
GOVE
RNM NT B
E
UDGE
T
 Vietnam recorded a Government Budget deficit equal to 6.90 percent of the
country's Gross Domestic Product in 2012.
 Government Budget in Vietnam is reported by the Asian Development Bank.
 Historically, from 1988 until 2012, Vietnam Government Budget averaged -3.62
Percent of GDP reaching an all time high of 1.30 Percent of GDP in December of
2006 and a record low of -9.90 Percent of GDP in December of 1988.
 Government Budget is an itemized accounting of the payments received by
government (taxes and other fees) and the payments made by government
(purchases and transfer payments).
 A budget deficit occurs when an government spends more money than it takes in.

YOUR FUTURE BEGINS HERE
GOVE
RNM NT DE T T GDP RAT
E
B O
IO

YOUR FUTURE BEGINS HERE
GOVE
RNM NT DE T T GDP RAT
E
B O
IO
 Vietnam recorded a Government Debt to GDP of 37.30 percent of the country's
Gross Domestic Product in 2012.
 Government Debt To GDP in Vietnam is reported by the State Bank of Vietnam.
 Historically, from 2001 until 2012, Vietnam Government Debt To GDP averaged
35.98 Percent reaching an all time high of 38.40 Percent in December of 2009 and
a record low of 31.90 Percent in December of 2008.
 Generally, Government debt as a percent of GDP is used by investors to measure a
country ability to make future payments on its debt, thus affecting the country
borrowing costs and government bond yields.

YOUR FUTURE BEGINS HERE
VIE NAM INT RE RAT
T
E ST
E

YOUR FUTURE BEGINS HERE
VIE NAM INT RE RAT
T
E ST
E
 The benchmark interest rate in Vietnam was last recorded at 7 %.
 Interest Rate in Vietnam is reported by the The State Bank of Vietnam.
 Historically, from 2000 until 2013, Vietnam Interest Rate averaged 7.57%
reaching an all time high of 15 % in February of 2012 and a record low of
4.80 % in August of 2000.
 In Vietnam, interest rates decisions are taken by The State Bank of
Vietnam.
 The official interest rate is the Refinancing Rate.

YOUR FUTURE BEGINS HERE
VIE NAM L NDING RAT
T
E
E

YOUR FUTURE BEGINS HERE
VIE NAM L NDING RAT
T
E
E

 The Lending interest rate (%) in Vietnam was last reported at
16.95 in 2011, according to a World Bank report published in
2012.
 Lending interest rate is the rate charged by banks on loans to
prime customers.

YOUR FUTURE BEGINS HERE
SOURCE

YOUR FUTURE BEGINS HERE
For your attention

YOUR FUTURE BEGINS HERE

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Vietnam

  • 1. BBA 2194 MAnAgeriAl eCOnOMiCS THE VIETNAM ECONOMY GROUP MEMBERS ::PRISCA GROUP MEMBERS PRISCA ::HANIM HANIM ::SHARMILA SHARMILA :: ASMIDAH ASMIDAH ::SURIANI SURIANI YOUR FUTURE BEGINS HERE
  • 2. OVE RVIE W • • • • • • • • • • • Country profile Economic sector Labor market Labor force Unemployment rate Inflation rate International trade Balance of trade Government budget Interest rate Lending rate YOUR FUTURE BEGINS HERE
  • 3. VIE NAM T YOUR FUTURE BEGINS HERE
  • 4. INT RODUCT ION VIETNAM GOVERNMENT : Planned economy and market economy CAPITAL : Ha Noi GDP : $137.68 billion (2012 est) CURRENCY : DONG 4 YOUR FUTURE BEGINS HERE
  • 5. P UL ION OP AT POPULATION o Vietnam Population is consisted of around 8.5 billion people (published by world bank in 2012) Major urban population oHo Chi Minh City : 7.162 Million oHa Noi : 6.448 Million oHai Phong : 1.837 Million YOUR FUTURE BEGINS HERE
  • 6. P OP E AND SOCIE Y E L T YOUR FUTURE BEGINS HERE
  • 7. P OP E AND SOCIE Y E L T YOUR FUTURE BEGINS HERE
  • 8. P OP E AND SOCIE Y E L T YOUR FUTURE BEGINS HERE
  • 9. P UL ION GROW H OP AT T 8.5 billion YOUR FUTURE BEGINS HERE
  • 10. P UL ION GROW H OP AT T  The Population growth (annual %) in Vietnam was last reported at 1.04 in 2011, according to a World Bank report published in 2012.  Annual population growth rate for year t is the exponential rate of growth of midyear population from year t-1 to t, expressed as a percentage .  Population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship• ( except for refugees not permanently settled in the country of asylum, who are generally considered part of the population of the country of origin) YOUR FUTURE BEGINS HERE
  • 11. GDP GROW H RAT T E 4.9% (2013 Q1) YOUR FUTURE BEGINS HERE
  • 12. VIE NAM GDP P R CAP A T E IT $3,545 (PPP, 2012 est.) YOUR FUTURE BEGINS HERE
  • 13. VIE NAM E T CONOM SE OR IC CT • Primary –Agriculture –Fishery –Forestry –Energy –Mining –Mineral • Secondary –Manufacturing & –Industry • Tertiary –Services & tourism YOUR FUTURE BEGINS HERE
  • 14. VIE NAM L OR M T AB ARK T E YOUR FUTURE BEGINS HERE
  • 15. L OUR F AB ORCE YOUR FUTURE BEGINS HERE
  • 16. UNE P OYM NT RAT M L E E o 4.3% (2012 est.) o 3.6% (2011 est.)  Unemployment Rate in Vietnam increased to 2.06 percent in the third quarter of 2012 from 1.87 percent in the second quarter of 2012.  Unemployment Rate in Vietnam is reported by the General Statistics Office of Vietnam.  Historically, from 1998 until 2012, Vietnam Unemployment Rate averaged 2.56 Percent reaching an all time high of 4.50 Percent in December of 1998 and a record low of 1.87 Percent in June of 2012.  In Vietnam, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. YOUR FUTURE BEGINS HERE
  • 17. INF AT L ION RAT E YOUR FUTURE BEGINS HERE
  • 18. INF AT L ION RAT E  The inflation rate in Vietnam was recorded at 6.36 percent in May of 2013.  Inflation Rate in Vietnam is reported by the General Statistics Office of Vietnam.  Historically, from 1996 until 2013, Vietnam Inflation Rate averaged 7.36 Percent reaching an all time high of 28.24 Percent in August of 2008 and a record low of -2.60 Percent in July of 2000.  In Vietnam, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. YOUR FUTURE BEGINS HERE
  • 19. INT RAT E IONAL T RADE YOUR FUTURE BEGINS HERE
  • 20. INT RAT E IONAL T RADE YOUR FUTURE BEGINS HERE
  • 21. B ANCE OF T AL RADE YOUR FUTURE BEGINS HERE
  • 22. B ANCE OF T AL RADE  Vietnam recorded a trade deficit of 300 USD Million in March of 2013. Balance of Trade in Vietnam is reported by the General Statistics Office of Vietnam.  Historically, from 1990 until 2013, Vietnam Balance of Trade averaged -492.21 USD Million reaching an all time high of 1102 USD Million in July of 2011 and a record low of -3888 USD Million in December of 1996.  Vietnam exports mainly crude oil, textiles, seafood, rice, electronics and computers and rubber.  It's main exports partners are United States, Japan, China, Australia and Singapore.  Vietnam imports machinery tools and spare parts, petroleum, steel, fabrics and plastics.  Vietnam's main imports partners are China, Japan, South Korea, Taiwan, Thailand and Singapore. YOUR FUTURE BEGINS HERE
  • 23. GOVE RNM NT B E UDGE T YOUR FUTURE BEGINS HERE
  • 24. GOVE RNM NT B E UDGE T  Vietnam recorded a Government Budget deficit equal to 6.90 percent of the country's Gross Domestic Product in 2012.  Government Budget in Vietnam is reported by the Asian Development Bank.  Historically, from 1988 until 2012, Vietnam Government Budget averaged -3.62 Percent of GDP reaching an all time high of 1.30 Percent of GDP in December of 2006 and a record low of -9.90 Percent of GDP in December of 1988.  Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments).  A budget deficit occurs when an government spends more money than it takes in. YOUR FUTURE BEGINS HERE
  • 25. GOVE RNM NT DE T T GDP RAT E B O IO YOUR FUTURE BEGINS HERE
  • 26. GOVE RNM NT DE T T GDP RAT E B O IO  Vietnam recorded a Government Debt to GDP of 37.30 percent of the country's Gross Domestic Product in 2012.  Government Debt To GDP in Vietnam is reported by the State Bank of Vietnam.  Historically, from 2001 until 2012, Vietnam Government Debt To GDP averaged 35.98 Percent reaching an all time high of 38.40 Percent in December of 2009 and a record low of 31.90 Percent in December of 2008.  Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. YOUR FUTURE BEGINS HERE
  • 27. VIE NAM INT RE RAT T E ST E YOUR FUTURE BEGINS HERE
  • 28. VIE NAM INT RE RAT T E ST E  The benchmark interest rate in Vietnam was last recorded at 7 %.  Interest Rate in Vietnam is reported by the The State Bank of Vietnam.  Historically, from 2000 until 2013, Vietnam Interest Rate averaged 7.57% reaching an all time high of 15 % in February of 2012 and a record low of 4.80 % in August of 2000.  In Vietnam, interest rates decisions are taken by The State Bank of Vietnam.  The official interest rate is the Refinancing Rate. YOUR FUTURE BEGINS HERE
  • 29. VIE NAM L NDING RAT T E E YOUR FUTURE BEGINS HERE
  • 30. VIE NAM L NDING RAT T E E  The Lending interest rate (%) in Vietnam was last reported at 16.95 in 2011, according to a World Bank report published in 2012.  Lending interest rate is the rate charged by banks on loans to prime customers. YOUR FUTURE BEGINS HERE
  • 32. For your attention YOUR FUTURE BEGINS HERE