Social Republic of Viet Nam

- Nguyen Tung ANH - Phan Tuan GIANG

Viet Nam

• It is bordered by People's Republic of China (PRC) to the north, Laos to the northwest, Cambodia to the southwest, and the South China Sea, referred to as East Sea to the east.

• Population: 86 million.

Infrastructure

Economy of VIETNAM (developing market economy)

• Currency: Vietnamese dong• Trade organizations: AFTA, WTO• GDP: $256.584 billion (PPP, 2009 est.)[

• GDP growth: 5.3% (2009 est.)• GDP per capital: 1040 USD• GDP by sector: Agriculture: 19.0%, industry: 42.7%, services:

38.4% (2008 est.)• Main industries: Food processing, garments, shoes, machine

building, mining, cement, chemical fertilizer, glass, tires, oil, coal, steel, paper

• Exports: $63.73 billion (2008 est.)• Export goods: Crude oil, marine products, rice, coffee, rubber,

tea, garments, shoes , pepper• Imports: $79.37 billion (2008 est.)• Import goods: Machinery and equipment, petroleum products,

fertilizer, steel products, raw cotton, grain, cement, motorcycles

Tourism in Vietnam

• mountains • sea beaches, • modern cities • traditional villages • historical cities • beach resorts.

Advantage of Viet Nam• Human resources• Stable society• Fast-growing

economy• Natural resources

Definition of SME in Viet Nam

                Size

 

Sector

Very small enterprises

Small-sized enterprises Medium-si zed enterprises

Number of laborers

Total capital Number of laborers

Total capital

Number of laborers

I. Agriculture, forestry and

fishery

10 persons or fewer

VND 20 billion or less

Between over 10 persons and 200

persons

Between over VND 20 billion and VND 100

billion

Between over 200 persons

and 300 persons

II. Industry and

construction

10 persons or fewer

VND 20 billion or less

Between over 10 persons and 200

persons

Between over VND 20 billion and VND 100

billion

Between over 200 persons

and 300 persons

III. Trade and service

10 persons or fewer

VND 10 billion or less

Between over 10 persons and 50

persons

Between over VND 10 billion and

VND 50 billion

Between over 50 persons

and 100 persons

SME in Viet Nam• 500.000 unit (2010);• 96% Vietnam’s Enterprises• 50% Vietnam’s GDP• 50,13% Vietnam’s job• Major challenging: Finance , technological

capability and technical level, plan

Definition of business cluster

• Business cluster relate to special territories

• 05 types: Industrial parks Exporting zones Economic zones High-tech zones Others (agricultral parks,

urban and industrial parks).

Definition of business cluster

• Industrial zones means zones specializing in production of industrial goods and provision of services for industrial production, having fixed geographical boundaries.

• Export processing zones means industrial zones specializing in production of export goods and provision of services for production of export goods and export activities, having fixed geographical boundaries.

• Economic zones means zones having a separate economic space with an investment and business environment which is specially favorable for investors, and fixed geographical boundaries. Economic zones are organized into functional areas including: non-tariff areas, bonded warehouse areas, export processing zones, industrial zones, entertainment areas, resorts, urban areas, residential areas, administrative areas and other functional areas consistent with the characteristics of each economic zone

Contribution of industrial parks to economy

• Turnover of enterprises in industrial parks take proportion of 30 % GDP.

• Create 1,3 millions job• External Effect.

Thank you very much!