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					                                       Vietnam at a glance                                                                                                12/9/09

                                                                            East
POVERTY and SOCIAL                                                        Asia &        Low-
                                                              Vietnam     Pacific    income
2008
Population, mid-year (millions)                                  86.2      1,931         973
                                                                                                                    Life expectancy
GNI per capita (Atlas method, US$)                               890       2,631         524
GNI (Atlas method, US$ billions)                                 76.6      5,081         510
Average annual growth, 2002-08
Population (%)                                                    1.3         0.8         2.1
                                                                                                    GNI                                                Gross
Labor force (%)                                                   2.2         1.2         2.7
                                                                                                    per                                               primary
Most recent estimate (latest year available, 2002-08)                                               capita                                         enrollment
Poverty (% of population below national poverty line)              29          ..          ..
Urban population (% of total population)                           26         44          29
Life expectancy at birth (years)                                   74         72          59
Infant mortality (per 1,000 live births)                           12         22          78
Child malnutrition (% of children under 5)                         20         13          28              Access to improved water source
Access to an improved water source (% of population)               92         87          67
Literacy (% of population age 15+)                                  ..        93          64
Gross primary enrollment (% of school-age population)             102        111          98                 Vietnam              Low-income group
   Male                                                           105        112         102
   Female                                                          99        110          95

KEY ECONOMIC RATIOS and LONG-TERM TRENDS
                                                     1988        1998       2007        2008
GDP (US$ billions)                                   25.4        27.2       68.6        89.8
Gross capital formation/GDP                          17.8        29.0       43.1        41.1
                                                                                                                             Trade
Exports of goods and services/GDP                     3.9        44.8       76.9        78.2
Gross domestic savings/GDP                              ..       21.7       28.2        24.6
Gross national savings/GDP                              ..       24.0       34.6        29.4
Current account balance/GDP                           -2.6       -3.9       -10.2       -11.9
                                                                                                    Domestic                                      Capital
Interest payments/GDP                                  0.0        1.6         0.9         0.6
                                                                                                    savings                                       formation
Total debt/GDP                                         2.4       82.5        34.8        29.1
Total debt service/exports                               ..       9.1         2.2         1.9
Present value of debt/GDP                                ..         ..       30.0        22.7
Present value of debt/exports                            ..         ..       36.9        28.7
                                                                                                                       Indebtedness
                                      1988-98    1998-08         2007       2008     2008-12
(average annual growth)
GDP                                        8.0        7.4         8.5         6.2         6.3                Vietnam                  Low-income group
GDP per capita                             5.9        6.1         7.2         4.9         5.1
Exports of goods and services             18.9       14.0        11.3         5.0         3.1


STRUCTURE of the ECONOMY
                                                     1988        1998       2007        2008
(% of GDP)
                                                                                                    30
Agriculture                                          46.3        25.8       20.4        22.1        25
Industry                                             24.0        32.5       41.5        39.7        20
                                                                                                    15
  Manufacturing                                      18.1        17.1       21.4        21.1        10
Services                                             29.7        41.7       38.2        38.2         5
                                                                                                     0
Household final consumption expenditure                 ..       70.6       66.7        69.3                   03       04       05        06         07      08
General gov't final consumption expenditure             ..        7.6        6.1         6.2                            GCF                     GDP
Imports of goods and services                        15.0        52.2       92.7        94.7


                                                 1988-98      1998-08       2007        2008
(average annual growth)
                                                                                                    30
Agriculture                                           4.0         4.0        3.8          4.1
Industry                                             10.7         9.9       10.2          6.1       20
  Manufacturing                                       8.3        11.6       13.3          9.9       10
Services                                              8.8         6.9        8.9          7.2
                                                                                                     0
Household final consumption expenditure                 ..        7.1       17.5          9.0       -10
                                                                                                               03       04      05        06         07       08
General gov't final consumption expenditure             ..        6.6        8.9          7.5
Gross capital formation                              22.4        11.7       24.2          8.5                       Exports                     Imports

Imports of goods and services                        18.5        15.0       27.6          7.6

Note: 2008 data are preliminary estimates.
This table was produced from the Development Economics LDB database.
* The diamonds show four key indicators in the country (in bold) compared with its income-group average. If data are missing, the diamond will
   be incomplete.
                                                                                                                                                               Vietnam
PRICES and GOVERNMENT FINANCE
                                                  1988       1998        2007       2008
Domestic prices
                                                                                                25
(% change)
                                                                                                20
Consumer prices                                   374.2        7.2        7.3        7.3
                                                                                                15
Implicit GDP deflator                             411.0        8.8        8.2       21.7
                                                                                                10
Government finance                                                                               5
(% of GDP, includes current grants)                                                              0
Current revenue                                    11.3      20.0        25.1       26.0                        03             04         05         06        07       08
Current budget balance                             -2.8       5.0         5.0        5.8                                   GDP deflator                         CPI
Overall surplus/deficit                               ..     -0.5        -2.2       -1.1

TRADE
                                                  1988       1998        2007       2008
(US$ millions)
Total exports (fob)                                 733     9,360      48,561     62,685        80,000
  Rice                                                ..      884       1,490      2,894
  Fuel                                                ..    1,410       8,488     10,357        60,000
  Manufactures                                        ..    4,350      26,783     33,953
                                                                                                40,000
Total imports (cif)                               1,412    11,500      62,682     80,713
  Food                                                ..        1           3          7        20,000
  Fuel and energy                                     ..      946       7,710      1,097
  Capital goods                                       ..    3,513      17,350      2,268              0
                                                                                                               02         03         04        05         06     07     08
Export price index (2000=100)                         ..       97         151        174
Import price index (2000=100)                         ..      107         131        152                             Exports                        Imports
Terms of trade (2000=100)                             ..       90         115        114

BALANCE of PAYMENTS
                                                  1988       1998        2007       2008
(US$ millions)
Exports of goods and services                         ..   11,965      54,591     69,781          0

Imports of goods and services                         ..   13,481      65,845     83,398                  02         03             04     05         06        07      08
                                                                                                 -3
Resource balance                                      ..   -1,516     -11,254    -13,617
                                                                                                 -6
Net income                                            ..     -668      -2,168     -4,400
Net current transfers                                17     1,123       6,430      7,312         -9

Current account balance                            -659    -1,061      -6,992    -10,705        -12

Financing items (net)                                 ..    2,640      17,193     11,190        -15
Changes in net reserves                               ..   -1,579     -10,201       -485
Memo:
Reserves including gold (US$ millions)                ..   1,765      21,578           ..
Conversion rate (DEC, local/US$)                  606.5 13,268.0     16,666.2   16,450.0

EXTERNAL DEBT and RESOURCE FLOWS
                                                  1988       1998        2007       2008
(US$ millions)
Total debt outstanding and disbursed                617    22,458      23,865     26,158
  IBRD                                                0         0           0          0
  IDA                                                60       851       4,549      5,074                       G: 4,419                               B: 5,074

Total debt service                                    3     1,096       1,249      1,344
  IBRD                                                0         0           0          0                                                                       C: 121
                                                                                                 F: 1,900
  IDA                                                 0         5          64         75
Composition of net resource flows                                                                                                                                D: 2,903
  Official grants                                    79       236         657        776
  Official creditors                                 -1     1,044       1,279      1,195
  Private creditors                                   0      -366         -88        -77
  Foreign direct investment (net inflows)             8     1,671       6,700      9,579
                                                                                                                      E: 11,741
  Portfolio equity (net inflows)                      0         0       6,243       -578
World Bank program
 Commitments                                          0       427         973      1,097
 Disbursements                                        0       254         748        592
 Principal repayments                                 0         1          30         37
 Net flows                                            0       253         718        555
 Interest payments                                    0         5          34         38
 Net transfers                                        0       248         684        517

The World Bank Group: This table was prepared by country unit staff; figures may differ from other World Bank published data.                                       12/9/09

				
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