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Flag of Vietnam

Vietnam

East and Southeast Asia

16.17°, 107.83°

CapitalHanoi (Ha Noi)
Population106,688,169
Area331,210 km²
GDP per capita$14,400
LanguagesVietnamese
Currencydong
Life Expectancy76.1 yr
Governmentstate led by the communist party
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Introduction

Background

Vietnam's early history included periods of occupation by outside forces and eventual power consolidation under Vietnamese dynastic families. A succession of Han Chinese emperors ruled the area, which was centered on the Red River Valley, until approximately the 10th century. The Ly Dynasty (11th-13th century) created the first independent Vietnamese state, which was known as Dai Viet, and established their capital at Thang Long (Hanoi). Under the Tran Dynasty (13th-15th century), TRAN Hung Dao, one of Vietnam’s national heroes, led Dai Viet forces to fight off Mongol invaders in 1279. After a brief Chinese occupation in the early 1400s, Vietnamese resistance leader LE Thai To made himself emperor and established the Le Dynasty, which lasted until the late 18th century despite decades of political turmoil, civil war, and division. During this period, Dai Viet expanded southward to the Central Highlands and Mekong Delta, reaching the approximate boundaries of modern-day Vietnam by the 1750s. Dai Viet suffered additional civil war and division in the latter half of the 18th century, but it was reunited and renamed Vietnam under Emperor NGUYEN Phuc Anh (aka Gia Long) in 1802.

France began its conquest of Vietnam in 1858 and made Vietnam part of French Indochina in 1887. Vietnam declared independence after World War II, but the French continued to rule until communist forces under Ho Chi MINH defeated them in 1954. Under the Geneva Accords of 1954, Vietnam was divided into the communist North and anti-communist South. Fighting erupted between the two governments shortly afterwards with the North supporting communist rebels in the South and eventually committing thousands of combat troops. The US provided to the South significant economic and military assistance, including large numbers of US military forces, which reached a peak strength of over 500,000 troops in 1968. US combat forces were withdrawn following a cease-fire agreement in 1973. Two years later, North Vietnamese forces overran the South, reuniting the country under communist rule. The conflict, known as the Second Indochina War (1955-1975), devastated Vietnam, spilled over into the neighboring countries of Cambodia and Laos, and is estimated to have resulted in the deaths of up to 3 million Vietnamese civilians and soldiers. It also caused more than 58,000 US combat and non-combat deaths and created deep domestic divisions in the US. 

Despite the return of peace, the country experienced little economic growth for over a decade because of its diplomatic isolation, leadership policies, and the persecution and mass exodus of citizens, many of them successful South Vietnamese merchants. However, since the enactment of Vietnam's "doi moi" (renovation) policy in 1986, the economy has seen strong growth, particularly in agricultural and industrial production, construction, exports, foreign investment, and tourism. Nevertheless, the Communist Party maintains tight political and social control of the country, and Vietnam faces many related challenges, such as rising income inequality and corruption.

Geography

Area

land

310,070 sq km

water

21,140 sq km

total

331,210 sq km

Climate

the southern region experiences a tropical climate, whereas the northern area has a monsoonal climate characterized by a hot, rainy period from May to September and a warm, dry phase from October to March

Terrain

the geographical features include a low, flat delta in both the southern and northern regions, central highlands, and hilly, mountainous terrain in the extreme north and northwest

Land use

other

13.7% (2023 est.)

forest

47% (2023 est.)

agricultural land

39.2% (2023 est.)

agricultural land: arable land

arable land: 21.5% (2023 est.)

agricultural land: permanent crops

permanent crops: 15.7% (2023 est.)

agricultural land: permanent pasture

permanent pasture: 2% (2023 est.)

Location

located in Southeast Asia, the country is bordered by the Gulf of Thailand, Gulf of Tonkin, and the South China Sea, as well as neighboring China, Laos, and Cambodia

Coastline

3,444 km (excludes islands)

Elevation

lowest point

South China Sea 0 m

highest point

Fan Si Pan 3,144 m

mean elevation

398 m

Irrigated land

46,000 sq km (2012)

Map references

Southeast Asia

Land boundaries

total

4,616 km

border countries

Cambodia 1,158 km; China 1,297 km; Laos 2,161 km

Maritime claims

contiguous zone

24 nm

territorial sea

12 nm

continental shelf

200 nm or to the edge of the continental margin

exclusive economic zone

200 nm

Natural hazards

typhoons occur sporadically from May to January, leading to significant flooding, particularly in the Mekong River delta

Geography - note

note 1: stretching 1,650 km (1,025 mi) from north to south, the nation's narrowest point measures only 50 km (31 mi) wide

note 2: Son Doong, located in Phong Nha-Ke Bang National Park, holds the title of the world's largest cave (by greatest cross-sectional area) and is recognized as the largest known cave passage globally by volume, containing 38.5 million cubic meters (approximately 1.35 billion cubic feet); it connects to Thoong cave, pending official recognition, which would add another 1.6 million cubic meters; its immense size houses its own jungle, an underground river, and a localized weather system, with clouds forming within the cave and escaping from its exits

Natural resources

resources include antimony, phosphates, coal, manganese, rare earth elements, bauxite, chromate, offshore oil and gas reserves, timber, hydropower, and arable land

Area - comparative

approximately three times larger than Tennessee; slightly exceeds the size of New Mexico

Geographic coordinates

16 10 N, 107 50 E

Population distribution

despite having one of the highest population densities worldwide, the distribution of the population is uneven; the highest concentrations are found along the South China Sea and Gulf of Tonkin, particularly in the Mekong Delta in the south and the Red River Valley in the north

Major watersheds (area sq km)

Pacific Ocean drainage

Mekong (805,604 sq km)

Major rivers (by length in km)

the Sông Tiên Giang (Mekong) river mouth (shared with China [s], Burma, Laos, Thailand, Cambodia) measures 4,350 km; the Pearl river source (shared with China [m]) extends 2,200 km; the Red river mouth (shared with China [s]) is 1,149 km long

note: [s] following a country name denotes river source; [m] following a country name denotes river mouth

People & Society

Literacy

male

97.2% (2022 est.)

female

95.1% (2022 est.)

total population

96.1% (2022 est.)

Languages

Languages

Vietnamese (official); English (commonly as a second language); some French, Chinese, and Khmer; languages from mountainous regions (including Mon-Khmer and Malayo-Polynesian)

major-language sample(s)


Dữ kiện thế giới, là nguồn thông tin cơ bản không thể thiếu. (Vietnamese)

The World Factbook, the indispensable source for basic information.

Religions

note: the majority of Vietnamese people follow Buddhism culturally

Catholic 6.1%, Buddhist 5.8%, Protestant 1%, other 0.8%, none 86.3% (2019 estimate)

Sex ratio

at birth

1.1 male(s)/female

0-14 years

1.12 male(s)/female

15-64 years

1.02 male(s)/female

total population

1.01 male(s)/female (2024 est.)

65 years and over

0.69 male(s)/female

Birth rate

14.58 births/1,000 population (2025 est.)

Death rate

5.81 deaths/1,000 population (2025 est.)

Median age

male

32 years

total

33.5 years (2025 est.)

female

34.2 years

Population

male

53,597,784

total

106,688,169 (2025 est.)

female

53,090,385

Nationality

noun

Vietnamese (singular and plural)

adjective

Vietnamese

Tobacco use

male

43.1% (2025 est.)

total

22% (2025 est.)

female

2.1% (2025 est.)

Urbanization

urban population

39.5% of total population (2023)

rate of urbanization

2.7% annual rate of change (2020-25 est.)

Age structure

0-14 years

23.2% (male 12,953,719/female 11,579,690)

15-64 years

68.5% (male 36,591,845/female 35,887,201)

65 years and over

8.3% (2024 est.) (male 3,563,611/female 5,182,909)

Ethnic groups

note: the Vietnamese Government officially recognizes 54 ethnic groups

Kinh (Viet) 85.3%, Tay 1.9%, Thai 1.9%, Muong 1.5%, Khmer 1.4%, Mong 1.4%, Nung 1.1%, other 5.5% (2019 estimate)

Child marriage

men married by age 18

1.9% (2021)

women married by age 15

1.1% (2021)

women married by age 18

14.6% (2021)

Dependency ratios

total dependency ratio

46.4 (2025 est.)

youth dependency ratio

33.6 (2025 est.)

potential support ratio

7.8 (2025 est.)

elderly dependency ratio

12.8 (2025 est.)

Physician density

1.11 physicians/1,000 population (2021)

Health expenditure

Health expenditure (as % of GDP)

4.6% of GDP (2021)

Health expenditure (as % of national budget)

10.7% of national budget (2022 est.)

Net migration rate

-0.21 migrant(s)/1,000 population (2025 est.)

Hospital bed density

2.6 beds/1,000 population (2017 est.)

Total fertility rate

2.01 children born/woman (2025 est.)

Drinking water source

improved: rural

rural: 97.2% of population (2022 est.)

improved: total

total: 98% of population (2022 est.)

improved: urban

urban: 99.1% of population (2022 est.)

unimproved: rural

rural: 2.8% of population (2022 est.)

unimproved: total

total: 2% of population (2022 est.)

unimproved: urban

urban: 0.9% of population (2022 est.)

Education expenditure

Education expenditure (% GDP)

2.9% of GDP (2022 est.)

Education expenditure (% national budget)

15.4% national budget (2022 est.)

Infant mortality rate

male

14.4 deaths/1,000 live births

total

13.8 deaths/1,000 live births (2025 est.)

female

13.7 deaths/1,000 live births

Population growth rate

0.86% (2025 est.)

Gross reproduction rate

0.96 (2025 est.)

Population distribution

despite having one of the highest population densities globally, the population distribution is uneven; the most significant clustering occurs along the South China Sea and Gulf of Tonkin, with the largest populations found in the Mekong Delta (to the south) and the Red River Valley (to the north)

Life expectancy at birth

male

73.5 years

female

78.9 years

total population

76.1 years (2024 est.)

Maternal mortality ratio

48 deaths/100,000 live births (2023 est.)

Sanitation facility access

improved: rural

rural: 90.9% of population (2022 est.)

improved: total

total: 94.4% of population (2022 est.)

improved: urban

urban: 99.9% of population (2022 est.)

unimproved: rural

rural: 9.1% of population (2022 est.)

unimproved: total

total: 5.6% of population (2022 est.)

unimproved: urban

urban: 0.1% of population (2022 est.)

Alcohol consumption per capita

beer

3.18 liters of pure alcohol (2019 est.)

wine

0.02 liters of pure alcohol (2019 est.)

total

3.41 liters of pure alcohol (2019 est.)

spirits

0.21 liters of pure alcohol (2019 est.)

other alcohols

0 liters of pure alcohol (2019 est.)

Major urban areas - population

9.321 million Ho Chi Minh City, 5.253 million HANOI (capital), 1.865 million Can Tho, 1.423 million Hai Phong, 1.221 million Da Nang, 1.111 million Bien Hoa (2023)

Obesity - adult prevalence rate

2.1% (2016)

Currently married women (ages 15-49)

72.8% (2021 est.)

Children under the age of 5 years underweight

9.7% (2023 est.)

School life expectancy (primary to tertiary education)

male

15 years (2022 est.)

total

14 years (2022 est.)

female

14 years (2022 est.)

Environment

Climate

The southern region experiences a tropical climate, while the northern area has a monsoonal climate characterized by a hot and rainy season from May to September and a warm, dry season from October to March.

Geoparks

global geoparks and regional networks

Dak Nong; Dong Van Karst Plateau; Lang Son; Non nuoc Cao Bang (2025)

total global geoparks and regional networks

4 (2025)

Land use

other

13.7% (2023 est.)

forest

47% (2023 est.)

agricultural land

39.2% (2023 est.)

agricultural land: arable land

arable land: 21.5% (2023 est.)

agricultural land: permanent crops

permanent crops: 15.7% (2023 est.)

agricultural land: permanent pasture

permanent pasture: 2% (2023 est.)

Urbanization

urban population

39.5% of total population (2023)

rate of urbanization

2.7% annual rate of change (2020-25 est.)

Methane emissions

other

40.4 kt (2019-2021 est.)

waste

683.4 kt (2019-2021 est.)

energy

806.7 kt (2022-2024 est.)

agriculture

2,146.3 kt (2019-2021 est.)

Waste and recycling

municipal solid waste generated annually

9.57 million tons (2024 est.)

percent of municipal solid waste recycled

46% (2022 est.)

Environmental issues

Issues such as deforestation and soil degradation due to logging and slash-and-burn agricultural practices; water pollution; overfishing; and groundwater contamination which restricts access to drinkable water; as well as air pollution.

Total water withdrawal

municipal

1.206 billion cubic meters (2022 est.)

industrial

3.074 billion cubic meters (2022 est.)

agricultural

77.75 billion cubic meters (2022 est.)

Carbon dioxide emissions

total emissions

305.404 million metric tonnes of CO2 (2023 est.)

from consumed natural gas

14.52 million metric tonnes of CO2 (2023 est.)

from coal and metallurgical coke

218.502 million metric tonnes of CO2 (2023 est.)

from petroleum and other liquids

72.383 million metric tonnes of CO2 (2023 est.)

Particulate matter emissions

20.9 micrograms per cubic meter (2019 est.)

Total renewable water resources

884.12 billion cubic meters (2022 est.)

International environmental agreements

party to

Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Climate Change-Paris Agreement, Comprehensive Nuclear Test Ban, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Ship Pollution, Tropical Timber 2006, Wetlands

signed, but not ratified

none of the selected agreements

Government

Flag

description: a red background featuring a five-pointed yellow star at its center

meaning: the red color symbolizes revolution and bloodshed, while the five-pointed star represents the five segments of the populace – peasants, workers, intellectuals, traders, and soldiers – united to establish socialism

Capital

name

Hanoi (Ha Noi)

etymology

the name translates to "inside the river," derived from the Vietnamese terms ha (river) and noi (inside), alluding to its position within a bend of the Red River

time difference

UTC+7 (12 hours ahead of Washington, DC, during Standard Time)

geographic coordinates

21 02 N, 105 51 E

Suffrage

18 years of age; universal

Citizenship

citizenship by birth

no

citizenship by descent only

at least one parent must be a citizen of Vietnam

dual citizenship recognized

no

residency requirement for naturalization

5 years

Constitution

history

multiple prior versions; the most recent was adopted on 28 November 2013, taking effect on 1 January 2014

amendment process

can be proposed by the president, the Standing Committee of the National Assembly, or by at least two-thirds of the National Assembly members; a motion to draft an amendment requires a minimum two-thirds majority approval from the Assembly membership, after which a constitutional drafting committee is formed to create a draft and gather public feedback; passage necessitates at least a two-thirds majority in the Assembly; the Assembly may choose to hold a referendum

Country name

former

Democratic Republic of Vietnam (North Vietnam), Republic of Vietnam (South Vietnam)

etymology

the name means "Viet south;" Viet is an ethnic designation of uncertain origin that dates back to ancient eras, while nam (south) indicates the geographical position of the country

abbreviation

SRV

local long form

Cong Hoa Xa Hoi Chu Nghia Viet Nam

local short form

Viet Nam

conventional long form

Socialist Republic of Vietnam

conventional short form

Vietnam

Independence

2 September 1945 (from France)

Legal system

civil law framework influenced by European systems

Government type

state led by the communist party

Judicial branch

note: the Standing Committee of the National Assembly has the authority to create special tribunals based on the chief justice's recommendations

highest court(s)

Supreme People's Court (consists of the chief justice and 13 judges)

subordinate courts

High Courts (covering administrative, civil, criminal, economic, labor, family, and juvenile matters); provincial courts; district courts; Military Court

judge selection and term of office

the chief justice is elected by the National Assembly upon the president's recommendation for a renewable 5-year term; the deputy chief justice is appointed by the president from among the judges for a 5-year term; judges are appointed by the president and must be confirmed by the National Assembly for 5-year terms

Executive branch

note: in August 2024, To LAM was elected as the general secretary of the Central Committee of the Communist Party of Vietnam, the highest position in the country

cabinet

the Cabinet is proposed by the prime minister, confirmed by the National Assembly, and appointed by the president

chief of state

President Luong CUONG (since 21 Oct 2024)

head of government

Prime Minister Pham Minh CHINH (since 26 July 2021)

election/appointment process

the president is indirectly elected by the National Assembly from its members for a single term of 5 years; the prime minister is nominated by the president and confirmed by the National Assembly; deputy prime ministers are appointed by the president and confirmed by the National Assembly

National holiday

Independence Day (National Day), celebrated on 2 September (1945)

National color(s)

red, yellow

National heritage

total World Heritage Sites

9 (6 cultural, 2 natural, 1 mixed)

selected World Heritage Site locales

Complex of Hué Monuments (c); Ha Long Bay (n); Hoi An Ancient Town (c); My Son Sanctuary (c); Phong Nha-Ke Bang National Park (n); Imperial Citadel of Thang Long - Hanoi (c); Citadel of the Ho Dynasty (c); Trang An Landscape Complex (m); Yen Tu-Vinh Nghiem-Con Son, Kiep Bac Complex of Monuments and Landscapes (c)

Political parties

note: other political parties are prohibited

Communist Party of Vietnam or CPV

Legislative branch

term in office

5 years

number of seats

500 (all directly elected)

electoral system

plurality/majority

legislature name

National Assembly (Quoc-Hoi)

scope of elections

full renewal

legislative structure

unicameral

most recent election date

5/23/2021

expected date of next election

March 2026

percentage of women in chamber

31.4%

parties elected and seats per party

Communist Party (485); Other (14)

National anthem(s)

title

"Tien quan ca" (The Song of the Marching Troops)

history

was adopted as the national anthem of the Democratic Republic of Vietnam in 1945; it became the national anthem of the unified Socialist Republic of Vietnam in 1976; only the first verse is officially utilized as the anthem

lyrics/music

Nguyen Van CAO

National symbol(s)

a five-pointed yellow star on a red backdrop, along with a lotus blossom

Administrative divisions

comprising 58 provinces (tinh, both singular and plural) and 5 municipalities (thanh pho, both singular and plural)

provinces: An Giang, Bac Giang, Bac Kan, Bac Lieu, Bac Ninh, Ba Ria-Vung Tau, Ben Tre, Binh Dinh, Binh Duong, Binh Phuoc, Binh Thuan, Ca Mau, Cao Bang, Dak Lak, Dak Nong, Dien Bien, Dong Nai, Dong Thap, Gia Lai, Ha Giang, Ha Nam, Ha Tinh, Hai Duong, Hau Giang, Hoa Binh, Hung Yen, Khanh Hoa, Kien Giang, Kon Tum, Lai Chau, Lam Dong, Lang Son, Lao Cai, Long An, Nam Dinh, Nghe An, Ninh Binh, Ninh Thuan, Phu Tho, Phu Yen, Quang Binh, Quang Nam, Quang Ngai, Quang Ninh, Quang Tri, Soc Trang, Son La, Tay Ninh, Thai Binh, Thai Nguyen, Thanh Hoa, Thua Thien-Hue, Tien Giang, Tra Vinh, Tuyen Quang, Vinh Long, Vinh Phuc, Yen Bai

municipalities: Can Tho, Da Nang, Ha Noi (Hanoi), Hai Phong, Ho Chi Minh City (Saigon)

Diplomatic representation in the US

FAX

[1] (202) 861-0917

chancery

1233 20th Street NW, Suite 400, Washington, DC 20036

telephone

[1] (202) 861-0737

consulate(s)

New York

chief of mission

Ambassador Nguyen Quoc DZUNG (since 19 April 2022)

consulate(s) general

Houston, San Francisco

email address and website


[email protected]

http://vietnamembassy-usa.org/

Diplomatic representation from the US

FAX

[84] (24) 3850-5010

embassy

7 Lang Ha Street, Hanoi

telephone

[84] (24) 3850-5000

mailing address

4550 Hanoi Place, Washington, DC 20521-4550

chief of mission

Ambassador Marc KNAPPER (since 11 February 2022)

consulate(s) general

Ho Chi Minh City

email address and website


[email protected]

https://vn.usembassy.gov/

International organization participation

ADB, APEC, ARF, ASEAN, CICA, CP, EAS, FAO, G-77, IAEA, IBRD, ICAO, ICC (NGOs), ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, MIGA, NAM, OIF, OPCW, PCA, UN, UNCTAD, UNESCO, UNHRC, UNIDO, UNOOSA, UNWTO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO (2024)

International law organization participation

has not presented a declaration of jurisdiction to the ICJ; is a non-party state to the ICCt

Economy

Budget

note: central government revenue and expenditure (excluding grants/extrabudgetary units/social security funds) converted to US dollars using the average official exchange rate for the specified year

revenues

$68.818 billion (2022 est.)

expenditures

$83.707 billion (2022 est.)

Exports

note: balance of payments - exports of goods and services measured in current dollars

Exports 2022

$385.241 billion (2022 est.)

Exports 2023

$374.986 billion (2023 est.)

Exports 2024

$429.383 billion (2024 est.)

Imports

note: balance of payments - imports of goods and services measured in current dollars

Imports 2022

$369.746 billion (2022 est.)

Imports 2023

$339.785 billion (2023 est.)

Imports 2024

$398.672 billion (2024 est.)

Industries

food processing, textiles, footwear, machinery manufacturing; mining, coal, steel production; cement, chemical fertilizers, glass, tires, petroleum, mobile phones

Labor force

note: the number of individuals aged 15 and above who are either employed or actively looking for work

57.133 million (2024 est.)

Public debt

note: official statistics; the data encompass total government debt and include debt instruments issued (or held) by governmental bodies other than the treasury; this includes treasury debt owned by foreign entities; the data also comprise debt issued by subnational authorities, along with intragovernmental debt; intragovernmental debt refers to treasury borrowings from surpluses in social funds, such as those for retirement, healthcare, and unemployment; instruments related to social funds are not auctioned publicly

Public debt 2017

58.5% of GDP (2017 est.)

Remittances

note: personal remittances and compensation between resident and non-resident individuals/households/entities

Remittances 2021

3.5% of GDP (2021 est.)

Remittances 2022

3.2% of GDP (2022 est.)

Remittances 2023

3.2% of GDP (2023 est.)

Exchange rates

Currency

dong (VND) per US dollar -

Exchange rates 2020

23,208.368 (2020 est.)

Exchange rates 2021

23,159.783 (2021 est.)

Exchange rates 2022

23,271.212 (2022 est.)

Exchange rates 2023

23,787.319 (2023 est.)

Exchange rates 2024

24,164.886 (2024 est.)

Debt - external

note: the present value of external debt expressed in current US dollars

Debt - external 2023

$34.426 billion (2023 est.)

Economic overview

a lower middle-income socialist economy in East Asia; has experienced rapid economic growth following the Đổi Mới reforms; marked by strong investment and productivity increases; serves as a hub for tourism and manufacturing; a signatory of the TPP; poverty reduction efforts are notable except for ethnic minorities; faces systemic corruption issues

Unemployment rate

note: percentage of the labor force that is job-seeking

Unemployment rate 2022

1.6% (2022 est.)

Unemployment rate 2023

1.7% (2023 est.)

Unemployment rate 2024

1.5% (2024 est.)

Exports - partners

note: leading five export partners based on their share of total exports

USA 28%, China 20%, Japan 6%, Hong Kong 4%, Germany 3% (2023)

Imports - partners

note: leading five import partners based on their share of total imports

China 49%, Singapore 6%, Japan 6%, Hong Kong 5%, Taiwan 4% (2023)

Real GDP per capita

note: data expressed in 2021 dollars

Real GDP per capita 2022

$13,000 (2022 est.)

Real GDP per capita 2023

$13,500 (2023 est.)

Real GDP per capita 2024

$14,400 (2024 est.)

Real GDP growth rate

note: annual GDP growth percentage based on constant local currency

Real GDP growth rate 2022

8.5% (2022 est.)

Real GDP growth rate 2023

5.1% (2023 est.)

Real GDP growth rate 2024

7.1% (2024 est.)

Agricultural products

note: top ten agricultural products ranked by tonnage

rice, vegetables, sugarcane, cassava, maize, pork, fruits, bananas, coconuts, coffee (2023)

Exports - commodities

note: leading five export commodities valued in dollars

broadcasting equipment, textiles, integrated circuits, machine components, footwear (2023)

Imports - commodities

note: leading five import commodities valued in dollars

integrated circuits, broadcasting equipment, fabric, plastics, telephones (2023)

Current account balance

note: balance of payments - net trade along with primary and secondary income in current dollars

Current account balance 2022

$1.402 billion (2022 est.)

Current account balance 2023

$25.793 billion (2023 est.)

Current account balance 2024

$28.047 billion (2024 est.)

GDP (official exchange rate)

note: data presented in current dollars at the official exchange rate

$476.388 billion (2024 est.)

GDP - composition, by end use

note: totals may not reach 100% due to rounding or deficiencies in data collection

household consumption

54.3% (2023 est.)

government consumption

8.8% (2023 est.)

investment in inventories

1.5% (2023 est.)

investment in fixed capital

30.1% (2023 est.)

exports of goods and services

86.5% (2023 est.)

imports of goods and services

-78.4% (2023 est.)

Population below poverty line

note: percentage of the population whose income falls below the national poverty threshold

4.3% (2022 est.)

Average household expenditures

on food

34.9% of household expenditures (2023 est.)

on alcohol and tobacco

1.9% of household expenditures (2023 est.)

Inflation rate (consumer prices)

note: annual percentage change based on consumer price indices

Inflation rate (consumer prices) 2022

3.2% (2022 est.)

Inflation rate (consumer prices) 2023

3.3% (2023 est.)

Inflation rate (consumer prices) 2024

3.6% (2024 est.)

Industrial production growth rate

note: annual percentage change in industrial value added calculated using constant local currency

8.2% (2024 est.)

Real GDP (purchasing power parity)

note: data expressed in 2021 dollars

Real GDP (purchasing power parity) 2022

$1.294 trillion (2022 est.)

Real GDP (purchasing power parity) 2023

$1.359 trillion (2023 est.)

Real GDP (purchasing power parity) 2024

$1.456 trillion (2024 est.)

Youth unemployment rate (ages 15-24)

male

7% (2024 est.)

note: percentage of the labor force aged 15-24 that is job-seeking

total

6.8% (2024 est.)

female

6.6% (2024 est.)

Reserves of foreign exchange and gold

note: holdings of gold (valued at year-end prices), foreign exchange, and special drawing rights expressed in current dollars

Reserves of foreign exchange and gold 2022

$86.54 billion (2022 est.)

Reserves of foreign exchange and gold 2023

$92.238 billion (2023 est.)

Reserves of foreign exchange and gold 2024

$83.082 billion (2024 est.)

GDP - composition, by sector of origin

note: totals may not reach 100% due to unallocated consumption not reflected in sector-reported data

industry

37.6% (2024 est.)

services

42.4% (2024 est.)

agriculture

11.9% (2024 est.)

Household income or consumption by percentage share

note: percentage share of income received by the lowest and highest 10% of the population

lowest 10%

2.6% (2022 est.)

highest 10%

28.1% (2022 est.)

Gini Index coefficient - distribution of family income

note: index (scale of 0-100) measuring income distribution; higher values indicate increased inequality

Gini Index coefficient - distribution of family income 2022

36.1 (2022 est.)

Energy

Coal

exports

815,000 metric tons (2023 est.)

imports

43.637 million metric tons (2023 est.)

production

51.519 million metric tons (2023 est.)

consumption

96.099 million metric tons (2023 est.)

proven reserves

3.116 billion metric tons (2023 est.)

Petroleum

total petroleum production

187,000 bbl/day (2023 est.)

crude oil estimated reserves

4.4 billion barrels (2021 est.)

refined petroleum consumption

544,000 bbl/day (2023 est.)

Electricity

exports

933.237 million kWh (2023 est.)

imports

3.106 billion kWh (2023 est.)

consumption

277.501 billion kWh (2023 est.)

installed generating capacity

85.725 million kW (2023 est.)

transmission/distribution losses

18.197 billion kWh (2023 est.)

Natural gas

production

7.48 billion cubic meters (2023 est.)

consumption

7.48 billion cubic meters (2023 est.)

proven reserves

699.426 billion cubic meters (2021 est.)

Electricity access

electrification - total population

100% (2022 est.)

Energy consumption per capita

Total energy consumption per capita 2023

40.263 million Btu/person (2023 est.)

Electricity generation sources

wind

4.2% of total installed capacity (2023 est.)

solar

9.7% of total installed capacity (2023 est.)

fossil fuels

50.6% of total installed capacity (2023 est.)

hydroelectricity

34.3% of total installed capacity (2023 est.)

biomass and waste

1.1% of total installed capacity (2023 est.)

Communications

Internet users

percent of population

78% (2023 est.)

Broadcast media

The media sector is regulated by the state, specifically through the Ministry of Information and Communication (MIC); the national television entity, Vietnam Television (VTV), operates numerous channels and has regional broadcasting hubs. Legislation restricts satellite television access, yet many individuals obtain foreign content through personal satellite installations. Additionally, the state-operated Voice of Vietnam, which serves as the national radio broadcaster, transmits across various channels and is also available on AM, FM, and shortwave frequencies  (2018)

Internet country code

.vn

Telephones - fixed lines

total subscriptions

2.316 million (2023 est.)

subscriptions per 100 inhabitants

2 (2023 est.)

Telephones - mobile cellular

total subscriptions

129 million (2024 est.)

subscriptions per 100 inhabitants

128 (2024 est.)

Broadband - fixed subscriptions

total

22.8 million (2023 est.)

subscriptions per 100 inhabitants

23 (2023 est.)

Transportation

Ports

large

0

small

6

medium

1

key ports

Da Nang, Hai Phong, Nghe Tinh, Nha Trang, Ho Chi Minh City, Vinh Cam Ranh, Vung Tau

very small

9

total ports

16 (2024)

ports with oil terminals

12

Airports

36 (2025)

Railways

total

2,600 km (2014)

narrow gauge

2,169 km (2014) 1.000-m gauge

standard gauge

178 km (2014) 1.435-m gauge; 253 km mixed gauge

Heliports

26 (2025)

Merchant marine

total

1,973 (2022)

by type

bulk carrier 117, container ship 45, general cargo 1,176, oil tanker 134, other 501

Civil aircraft registration country code prefix

VN

Military & Security

Military - note

Following its withdrawal of military occupation forces from Cambodia in the late 1980s and the cessation of Soviet assistance in 1991, Vietnam has adopted a non-aligned approach to foreign policy and security, encapsulated in its "Four Nos" doctrine (no alliances, no taking sides in conflicts between nations, no foreign military bases, and no use of force in international relations). In light of its historical tensions with Beijing regarding maritime boundaries in the South China Sea, Vietnam prioritizes maintaining stable relations with China, given the latter's proximity, size, and status as Vietnam's principal trading partner.

The People's Army of Vietnam (PAVN) is tasked with safeguarding the nation's independence, sovereignty, territorial integrity, and national interests, alongside aiding civilian authorities in disaster response. Recently, the PAVN has intensified its focus on protecting Vietnam's interests in the contested South China Sea. Additionally, the military participates in various economic initiatives, including electrical infrastructure, oil and gas operations, hydroelectric projects, aviation and port services, telecommunications, and shipbuilding. Military-owned factories and enterprises are responsible for the production of weapons and equipment (2025).

Military deployments

200 Abyei/South Sudan/Sudan (UNISFA) (2025)

Military expenditures

Military Expenditures 2019

2.3% of GDP (2019 est.)

Military Expenditures 2020

2.4% of GDP (2020 est.)

Military Expenditures 2021

2.3% of GDP (2021 est.)

Military Expenditures 2022

2.3% of GDP (2022 est.)

Military Expenditures 2023

1.8% of GDP (2023 est.)

Military and security forces

note 1: The People's Public Security Ministry oversees internal security and manages the national police, a specialized national security investigative agency, and other internal security units, which include riot police regiments.

note 2: The Vietnam Coast Guard was founded in 1998 as the Vietnam Marine Police and was renamed in 2013. A civilian maritime self-defense force was established in 2010. The Vietnam Department of Fisheries Resources Surveillance (DFIRES), created in 2013 under the Ministry of Agriculture and Rural Development, is tasked with enforcing fisheries regulations, conserving aquatic resources, and serves as Vietnam's primary agency against illegal, unregulated, and unreported fishing. It is armed and authorized to use force when necessary, collaborating closely with the Vietnam Coast Guard.

note 3: The PAVN functions as the military wing of the ruling Communist Party of Vietnam (CPV) and is accountable to the Central Military Commission (CMC), which is the highest party authority on military matters. The CMC is chaired by the General Secretary of the CPV.

People's Army of Vietnam (PAVN; also referred to as Vietnam People's Army, VPA): Ground Forces (Army), Navy (including naval infantry), Air Defense - Air Force, Vietnam Border Guard, Vietnam Coast Guard.

Vietnam People's Ministry of Public Security; Vietnam Civil Defense Force (2025).

Military service age and obligation

Mandatory and voluntary military service for men and women is required from ages 18 to 27 (in practice, only men are conscripted); the service duration ranges from 24 to 36 months, depending on the military branch (including Coast Guard and Ministry of Public Security) (2025).

Military equipment inventories and acquisitions

The PAVN is predominantly outfitted with weaponry from Russia and the former Soviet Union. In recent years, Vietnam has sought to diversify its sources of arms, acquiring equipment from nations such as India, Israel, the Netherlands, South Korea, and the United States. Vietnam maintains a modest defense industry that produces small arms, ground combat vehicles, and naval systems (2025).

Military and security service personnel strengths

Approximately 450,000 personnel are on active duty in the People's Army of Vietnam (2025).

Transnational Issues

Refugees and internally displaced persons

IDPs

2,568 (2024 est.)

refugees

19 (2024 est.)

stateless persons

20,590 (2024 est.)

Space

Space agency/agencies

note: the VNSC operates under the Vietnamese Academy of Science and Technology (VAST)

Vietnam National Space Center (VNSC; founded in 2011) (2025)

Space program overview

is advancing a national space initiative aimed at acquiring, managing, and utilizing satellites, alongside enhancing local capabilities in satellite production and its related sub-systems, space science, and technological applications; it constructs and manages communication and remote sensing satellites; engages in research and development in the field of space science and practical space technologies, including advanced optics and space data utilization; has collaborated closely with Japan on its space endeavors; has also formed partnerships with space agencies or commercial space industries in several European nations (notably France), India, and the United States (2025)

Key space-program milestones

1980 - the inaugural Vietnamese astronaut/cosmonaut traveled into space aboard a Soviet spacecraft

2008 - launched the first telecommunications satellite (VINASAT-1), created by a US firm and launched using a European rocket

2012 - launched the first educational/scientific cube satellite (F-1), developed collaboratively with Japan; the second telecommunications satellite (VINASAT-2), designed by the US and launched via a European rocket

2013 - the first domestically manufactured remote-sensing (RS)/technology-demonstrator cube satellite (PicoDragon) was launched by Japan; the first RS satellite (VNREDSat-1a or Vietnam Natural Resources, Environment, and Disaster Monitoring Satellite) took flight aboard a European rocket

2016 - an agreement was reached with India to set up a satellite tracking and imaging facility in Ho Chi Minh City in return for access to Indian RS imagery

2018 - the National Space Center in Hanoi was completed

2021 - unveiled a roadmap for developing “Made in Vietnam” small satellites as part of a broader initiative to enhance space science and technology through 2030; forged a pact with Japan to bolster cooperation in space defense

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