Tourism

In Europe Viet Nam is associated rather with Viet Nam war, communism and poverty and does not rank therefore not among the classical vacation countries. Until Viet Nam became a few years ago therefore almost exclusively visited by people, which are interested in the culture, adventures to experience wanted or with the country after the Viet Nam war in or other kind were emotional connected.

Since approximately 1999 Viet Nam experiences however a boom in the tourism. Beside study travelers come also ever more backpack, overall and bath tourist, the latter particularly from other asiatic countries. This is based partially on a "alternate effect", which is justified with the continuous force and the terrorist attacks on the Philippines and in Indonesia, whereas Viet Nam has the image of a peaceful country with low criminality. Meanwhile also cruise ships start some vietnamesische ports and/or anchor before the coast and offer daily trips after Saigon, Nha Trang, there Nang or Hue.

In the last years in some fishing villages hasty some international hotels and Resorts were pulled up, restaurants for foreigners were opened and the structure of a routistic infrastructure was tackled. Several hundredthousand humans are already in the tourism busy.

Different

GROS DOMESTIC PRODUCT

• after purchasing power parities: 227,2 billion US$ (2004)
• per head (after purchasing power parities): 2490 US$
• Growth: 7.2% (2003 estimated)
• Sectors:
  • Agriculture: 21.8%
  • Industry: 39.7%
  • Service: 38.5% (2003 estimated)

Population

• under the poverty border: 29% (2002 estimated)
• Household income or consumption:
  • poorest 10%:3,6%
  • richest 10%:29,9% (1998)
• Employees: 45,74 million (2003 estimated)
• after sectors:
  • Agriculture: 63%
  • Industry and service: 37% (2000 estimated)
• Activity rate women: 48.8% (2001)
• Unemployment: 6.1% (2003 estimated)

Household

• Incomes: 8,689 billion US$
• Expenditures: 9,718 billion US$ (2003 estimated)
• Expenditures for health (in per cent GROS DOMESTIC PRODUCT): 5,2 (2000)
• Defense expenditure (in per cent GROS DOMESTIC PRODUCT): 2,6 (1994)

Industry

• Products: Food processing, textiles, shoes, machines, cement, chemical fertilizers, glass, oil, coal, steel, paper
• Growth: 16% (2003 estimated)

Agriculture

• Products: Rice, grain, potatoes, india rubber, soy beans, Kaffe, poultry, pigs, dte, bananas, fish

River

• Consumption: 25.9 TWh (2001)
• Production: 30.6 TWh (2001)
• of it:
  • Water power: 59.5%
  • Coal: 10.5%
  • Oil: 3.7%
  • Gas turbines (natural gas + oil): 19.1%
  • other: 7.2%

Foreign trade

• Import: 22,5 billion US$ (2003 estimated)
• Import goods (2001): 16.7% machines and spare parts, 11.6% oil products, 5.8% iron and steel, 3.6% motorcycles, 2.6% passenger car and truck, 2.6% fertilizer
• Export: 19,88 billion US$ (2003 estimated)
• Export goods (2001): 21.1% crude oil, 13.3% textiles and clothing, 12% fish and sea fruits, 11.6% agricultural products (of it 3.9% rice, 2.6% coffee), 10.1% shoes
• Balance of payments on current account balance: -2,62 billion US$

Currency

• 1 more again (VND) = 10 = 100 Xu
• Inflation rate: 2.7% (2001)
• Rates of exchange: 1Euro=19.186, 1VND; 100.000VND=5,2121Euro (25 June 2005)

Articles in category "Economics of Viet Nam [2 / 2]"

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