VIET NAM

AN OVERVIEW OF THE ECONOMY

 OVERVIEW
• Area: 331,690 sq. km
•  Vietnam lies at the centre of
Southeast Asia, bordering
China to the North, Laos and
Cambodia to the West, and the
sea to the East and South.
• Population: around 88 million,
50.5% is female and 49.5% is
male.
•  Administrative units: 64
provinces and central cities
(Hanoi, Ho Chi Minh city, Hai
Phong, Da Nang, Can Tho).
 VIETNAM: FAST FIGURES

• Diplomatic ties with 170 countries; trade relations with 221

countries and territories 
• Member of UN, ASEAN, APEC, ASEM 
• 150th WTO member since January 2007 
• Asia’s non-standing member of UN Security Council 
• ODA to VN: total US$37bln, 2009: US$4.5 bln; increase US$700
mln. 
• Total FDI: over US$ 80 bln with 8,500 projects from 86 countries.
 ECONOMIC GROWTH

• GDP growth rate in 2009: 5.3%

•  GDP structure (2009):
-  Agriculture, forestry and fishery: accounting for 20.66%;
-  Industry and construction: 40.24%;
– Services: 39.10%.
•  GDP growth rate in 2010: 6.5 %; US$106 bln;
•  GDP per capita: US$1,200
 FOREIGN DIRECT INVESTMENT
• FDI in 2009 (30% 2008): US$21.5 bln
Number of licensed projects:1,054; (839 new, 215
additional registered)
– Sectors:
• Hotel, restaurant services : US$8.80 bln
• Real estate : US$7.60 bln
• Industrial sector : US$2.97 bln
– Nations:
• United States: 45.6 %
• Cayman Islands: 11.5 %
• Samoa: 5.5 %
• South Korea: 5.1 %
• Taiwan: 5.0 %
 EXPORTS
• Export turnovers in 2009: US$56.73 billion
• Main exported items:
– Textiles & Garments: US$9.08 billion;16.0%
– Crude oil: US$6.21 billion;10.95%
– Seafood: US$4.24 billion;7.47 %
– Footwear: US$4.01 billion;7.07 %
– Electronics & computers: US$2.77 billion;
– Rice: US$2.74 bln;
– Gemstone: 2.73 bln;
– Wood products: US$2.55 billion;
– Coffee: US$1.7 bln
•Major export markets :
– United States : US$11.2 bln; 19.60%
– EU: US$9.3 bln; 16.40%
– ASEAN: USD 8.5 bln; 14.98%
– Japan: USD 6.2 bln; 10.93%
– China: USD 4.8 bln; 8.46%
– Korea: 2.5bln; Australia: 2.2 bln; Africa 1.1 bln
•2010 (expected) : US$60 bln
 IMPORTS
• Import expenses in 2009: US$68.71 billion:
– Machinery, equipment, devices: US$12.37 bln
– Oil: US$6.16 bln
– Steel: US$5.28 bln
– Fabrics and materials: US$4.22 bln
– Plastic material: US$2.8 bln;
– Garment, footwear material: US$1.9 bln;
– Electronics, PC parts: 3.9 bln;
– Automobiles: 2.9 bln;
– Consumer goods: 7.85 bln

• Main import markets:

– China: US$16.0 bln; 23.29%
– ASEAN: US$13.4 bln; 19.50%
– Japan: US$7.3 bln; 10.62%
– S. Korea: US$6.7 bln; 9.75%
– Taiwan: US$6.2 bln; 9.00%
– EU: US$5.5 bln;
– US: 2.8 bln;
– Australia: 1 bln.

• 2010 (expected): US$73.6 bln

 TOURISM

• International arrivals in 2009: 3.8 mln 

• Purpose:
– Tourist purpose: 2.2 million;
– Business purpose: 783 thousand;
– Visiting relatives: 518 thousand;
– Other purposes: 299 thousand. 
• Nationalities:
– Chinese: 528 thousands, -18%;
– American: 400 thousands, -2.6%;
– Korean: 362 thousands, -19.4%;
– Japanese: 359 thousands, -8.6%;
– Taiwanese: 271 thousands, -10.4%;
– Australian: 218 thousands, -6.9%
– French: 175 thousands, -4.1%.
 BUSINESS-FRIENDLYGOVERNMENT

• Investment and Trade Promotion Centre (ITPC) 

• E-government: 
– Online business registration;
– Online government-business dialogue system with 42
government authorities responsible for answering enquiries from
business within 5 workingdays (sent and received online 24/7 in
HCMC) www.doithoaidn.hochiminhcity.gov.vn
 HO CHI MINH CITY
A CITY OF OPPORTUNITY & PROSPERITY
 HO CHI MINH CITY

• Ho Chi Minh City, formerly known as

Saigon, locates at the heart of the
southern part of Vietnam.
• Area: 2,095 km2 with 24 districts
• Population: over 9 million (registered
permanent residents: 7.123 million)
•  International visitors: 1.8 million
 THE ECONOMIC
CENTER OF VIETNAM

• The biggest economic center of Vietnam 

• Contributing 20.2% to the national GDP 

• 130,000 companies (1/3 of Vietnam). 

 THE ECONOMIC
CENTER OF VIETNAM

• Infrastructure: 

– Tan Son Nhat Airport: the biggest airport of the country,

connecting with 20 countries, 9.3 million passengers on
domestic and international routes in 2009 

– Saigon Port: the biggest port system of the country 

– 1 hi-tech park, 2 software parks, 1 hi-tech health care park, 3

export processing zones, and 12 industrial parks
 THE ECONOMIC
CENTER OF VIETNAM

• International gateway: over 50 foreign bank branches and

3,000 foreign representative offices from 62 countries 

• 41 universities, 31 colleges and 34 vocational schools with

over 500,000 students
 DISTRIBUTION SYSTEM

• 82 supermarkets and 22 trade centers 

• 200 traditional markets 

• 15 major distribution groups: Wal-Mart (USA), Carrefour (France),

Tesco (UK), Metro Cash & Carry (Germany) 

• Leading retail groups: Asian Plaza (Japan), Dairy Farm (Hong Kong),
Diamond Plaza (South Korea), Parkson (Malaysia), South Asia
Investment (Singapore), Lotte Mart (S.Korea)
 MAIN EXPORT PRODUCTS (2010)

• Garments: 138 countries. Main market: The USA (52% of total

exports) 
• Footwear: 100 countries. Main markets: EU and The USA. 
• Wood products: 138 countries.
• Hi-tech products: 76 countries. Markets: Asia, The USA and
EU. 
• Rice: 114 countries. Main market: Philippines 
• Aquatic products: Main markets: The USA, EU, Northeast Asia
(Japan, S. Korea), China, South Africa.

Source: HCMC Statistics Office

MAIN IMPORT PRODUCTS (2009)

Source: HCMC Statistics Office

 FOCUSING SECTORS

• Infrastructure 
– Subway and monorail
systems
– Roads and bridges
– Parking lots
– Industrial parks
 FOCUSING SECTORS
• Hi-tech industries (4 industries encouraged by the
government) 
• Priority given to manufacturing of hi-tech products from
four industries:
– Mechanical engineering
– Chemical
– Electronics & IT
– Food processing
 FOCUSING SECTORS
• Services (9 mostly encouraged by the government) 
1. Financial, banking and insurance
2. Trade
3. Transportation and logistics
4. Telecommunications
5. Real estate
6. Consultant, scientific & technological research
7. Healthcare
8. Education and training
9. Tourism
 UNIVERSITY OF ECONOMICS
Ho Chi Minh City

• Established in October 1976

• A multidisciplinary university
• Field: Economics & Business Administration
• 5 majors, 23 disciplines
• Levels: Bachelor, Master & Doctors
• One of 14 key national universities.
• 10 international programs
 KEY FACTS AND FIGURES

• Total employees 980

• Teaching staff 550
• Number of teaching staffs trained abroad > 100
• Total number of students about 45,000
• Number of academic faculties and departments 13
• Teaching divisions 39
• Administration Offices 6
• Research and Service Centers 9
• Campuses 7
• Library 100,000 titles of books

• Dormitory 2
 ORGANIZATIONAL CHART

UNIVERSITY
BOARDS OF
COUNCIL RECTOR
COUNSULTANCY
CHAIRMAN

Vice Rector Vice Rector Vice Rector

Research & Vice Rector Vice Rector
Regular In-Service
International Finance Infrastructure
Cooperation Training Training

Specialized
Faculties Offices Student Service Institutions
Departments
11 13 6 3
2
 TEACHING STAFF’S
QUALIFICATION

Others
BA 1% Ph.D.
29%
30%

MA or
MBA
40%
TRAINING LEVELS
 TRAINING MAJORS

Manage- Finance- Economic Political

Economics Management Accounting Information Economics
ment Banking
System

• Economics • Business • Public • Accounting • Business

• Management Administration Finance • Auditing Statistics
• Finance - • Quality • Insurance • Economic
Banking Management • Corporate Mathematics
• Accounting • Foreign Trade Finance • Financial
• Economic • Commerce • Banking
Mathematics
Information • Marketing
• Informatics
Systems • International
• Political for
Business
Economics • Tourism Management
• Economic
Laws
 CAREER OPPOTUNITY
 Lecturer
 Researcher
 Accountant
 Investor
 Consultant
 Financial Analyst
 Entrepreneur
 Enterprise
 Public Officer
 University
 Institution
 Company
 Stock Market
 Firm
 Equity & Holding
Group
 Government
 INTERNATIONAL COOPERATION
• Activities:
– Staff training and development
– Academic exchange, conference and seminar
organization
– Curriculum, syllabi exchange and development
– Joint training programs, research and management
– Student and Information exchange
STUDENT EXCHANGE
 JOINT RESEARCH

Prof. David Ellwood – Rector of Harvard

Kennedy in Public Management
(John F. Kennedy School of Government)
ONSITE INTERNATIONAL
PROJECT
FULBRIGHT ECONOMICS TEACHING PROGRAM
In Cooperation with Kennedy School of Government,
Harvard University (USA)
SINCE OCT., 1994

MBA TRAINING PROGRAM - CFVG-HCMC

EURO -ASIA
In Cooperation with the Chamber of Commerce
and Industry of Paris (CCIP)- FRANCE
SINCE SEP., 1992
ONSITE INTERNATIONAL
PROJECT
MANAGEMENT DEVELOPMENT PROGRAM (UEH/
SWISS – AIT)
Master and Ph.D. in Business Administration
Training Program
SINCE 1994

Master of International Business

In Cooperation with CURTIN UNIVERSITY OF
TECHNOLOGY, AUSTRALIA
SINCE OCT., 2001
 ONSITE INTERNATIONAL
PROJECT
MASTER IN DEVELOPMENT ECONOMICS TRAINING
PROGRAM
In cooperation with the INSTITUTE OF SOCIAL
STUDIES (ISS),
THE NETHERLANDS
SINCE SEPT.,1994

DEGREE TWINNING PROGRAM

With Victoria University of Wellington,
New Zealand
SINCE OCT., 2003

H.E. Governor General of New Zealand at the Program

ONSITE INTERNATIONAL
PROJECT
2 projects in Management Training
in cooperation with Université du Québec à
Montréal (UQAM), CANADA
From 1993 to 2006

PROJECT OF “IMPROVEMENT OF ECONOMIC &

MANAGEMENT KNOWLEDGES”,
Joint Program with Georgetown University, USA
SINCE 1998
 EXTRA CURRICULAR
ACTIVITIES

Scientific research prize

“Young Economist”

Cultural activities (fashion, folkloric club)

Sports (table tennis, judo, football,
taekwondo...)

Volunteers of Green Summer

 DISCUSSION

The Intership
http://www.vgu.edu.vn/
THANKS FOR YOUR ATTENTION