MACROECONOMICS PERSONAL PROJECT

840 birds and 310 mammals are found in Vietnam, of which 100 birds and 78 mammals are endemic.[182] Vietnam has two World Natural Heritage Sites, the Ha Long Bay and Phong Nha-Ke Bang Na

PERSONAL PROJECT

Full name: Nguyen Minh Hieu

Major: Financial Administration

Student ID: 25202305240

Class: ECO 152 DI

Duy Tan University Department of Business Administration

General information: 2

Location: 3

Climate: 3

Biodiversity: 3

Population: 4

Economy of Vietnam 5

1 GDP (Gross Domestic Product): 5

2 GNP (Gross National Product): 7

7

3 National income: 8

4 Export and Import: 10

5 Unemployment: 16

6 Inflation: 17

SOURCES:

 https://www.wikipedia.org/

 https://www.macrotrends.net/

 https://www.theglobaleconomy.com/

 https://tradingeconomics.com/

 https://www.vietnamtrades.com/

 https://solieukinhte.com/

1

I General information:

Vietnam, officially the Socialist Republic of Vietnam, is the easternmost

country on the Southeast Asian Indochinese Peninsula

Geographical location:

Vietnam is located on the eastern

margin of the Indochinese peninsula and occupies about 331,211.6 square kilometers The elongated roughly shaped country has a north-to-south S

distance of 1,650 km and is about 50 km wide at the narrowest point With a coastline of 3,260 km excluding islands, Vietnam claims 12 nautical miles It has an exclusive economic zone of 417,663 km with 200 nautical miles 2

2

Emblem Flag

Location: Vietnam is located on the

eastern Indochinese Peninsula between the

latitudes and 8° 24°N, and the

longitudes 102° and 110°E It covers a total

area of approximately 331,212 km The2

combined length of the country's land

boundaries is 4,639 km and its coastline is

3,444 km long.

Climate: Due to differences in latitude and

the marked variety in topographical relief,

Vietnam's climate tends to vary

considerably for each region Vietnam is

one of the world's countries most

vulnerable to climate change, with 55% of

its population living in low-elevation

coastal areas

Biodiversity: As the country is located

within the Indomalayan realm, Vietnam is

one of twenty-five countries considered to

possess a uniquely high level

of biodiversity 15,986 species of flora have

been identified in the country, of which

10% are endemic Vietnam's fauna includes:

307 nematode species, 200 oligochaeta,

145 acarina, 113 springtails, 7,750 insects,

260 reptiles, and 120 amphibians 840 birds

and 310 mammals are found in Vietnam, of

which 100 birds and 78 mammals are

endemic.[182] Vietnam has two World

Natural Heritage Sites, the Ha Long

Bay and Phong Nha-Ke Bang National Park

3

Topographic area of Indochina peninsula

Native species in Vietnam

Population: + The current population of Vietnam is 97,121,879 as of

Thursday, April 2, 2020, based on Worldometer elaboration of the latest United Nations data

+ The current population of Vietnam (or Viet Nam) is 97,121,879 as of

Thursday, April 2, 2020, based on Worldometer elaboration of the latest United Nations data

+ Vietnam ranks number 15 in the list of countries (and dependencies) by

+ The population density in Vietnam is 314 per Km 2 of the

37.7 %

population is urban (36,727,248 people in 2020) The median age in

Vietnam is 32.5 years

The increase of growing population in Vietnam

II Economy of Vietnam

1 GDP (Gross Domestic Product):

 The Gross Domestic Product (GDP) in Vietnam was worth 255 billion

US dollars in 2019, according to official data from the World Bank and projections from Trading Economics The GDP value of Vietnam

represents 0.21 percent of the world economy

 Vietnam's gross domestic product advanced by 3.82 percent year-on-year in the first quarter of 2020, following a downwardly revised 6.79 percent growth in the previous period This was the slowest GDP

growth rate since the second quarter of 2009, hampered by the

coronavirus pandemic and weaker global demand Manufacturing rose 7.12 percent, services advanced 3.27 percent and agriculture went up only 0.08 percent The government is targetting an economic growth of 6.8% this year, but warned that it could slow to 6% if the virus effects continue in the second quarter

5

Vietnam’s GDP rate from 2010 to 2020 (unit: USD Billion)

 GDP per capita in Vietnam averaged 928.61 USD from 1984 until

2018, reaching an all time high of 1964.50 USD in 2018 and a record low of 377.50 USD in 1984

2 GNP (Gross National Product):

Vietnam GDP per capita from 2010 to 2020 (unit: USD Billion)

 Gross National Product in Vietnam increased to $229.43 billion in 2018 from $206.72 Billion in 2017

7

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 0.00

50.00

100.00

150.00

200.00

250.00

88.29

110.30

122.03

138.09

156.27

172.36

182.49

194.60

206.72

229.43

Vietnam's GNP rate between 2009 and 2018 (unit: USD Billion)

3 National income:

 Vietnam’s Gross National Income (GNI) data was reported at

5,154,552.000 VND in Dec 2018 This records an increase from the previous number of 4,628,741.000 VND for Dec 2017

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 0.00

50.00

100.00

150.00

200.00

250.00

88.29

110.30 122.03

138.09

156.27

172.36 182.49

194.60 206.72

229.43

Vietnam GNI rate from 2009 to 2018 (unit: USD billion)

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

0

500

1,000

1,500

2,000

2,500

3,000

1,010

1,250 1,370

1,540

1,720

1,880 1,970

2,080 2,190

2,400

Vietnam GNI rate per capita from 2009 to 2018 (unit: billion)

4 Export and Import:

 Vietnam recorded a constant rise in total exports during the last five years Major increase in the value of total export commodities recorded

in the last two years when Vietnam did above US$ 200000 million of export business in the world

 Our Vietnam import data reveal that the country recorded a rise in the total value in the last five years The highest value of about US$

250000 million registered in 2018

 From a continental perspective, 52.8% of Vietnam exports by value were delivered to Asian countries while 21.8% were sold to North American countries And remaining shipments were delivered in Europe, Latin America, Australia and Africa, customs data of Vietnam exports reveal

13

 From a country perspective, Vietnam shipped goods to United States

of America, followed by China, Japan, South Korea and Hong Kong

 As per import data of Vietnam, country’s major import source is China from where it purchased goods worth US$ 58 billion in 2018

Vietnam’s top 10 import partners shared more than 80% of the overall value Import statistics of Vietnam reveals the following top ten import sources of the country

 A US$

70% of the overall export shipments

 Vietnam purchased goods worth US$ 258 billion in 2018 up by 21.5% from the previous year, as per Vietnam import statistics Vietnam’s top

15

10 imports approach almost 60% of the overall value of the country’s total commodities purchased from the foreign suppliers

 %)

 Vietnam inflation rate in 2019 decreased to 2.79 percent, which was the lowest rate, compared to the last 4 years

19

THE END

-2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

0

2

4

6

8

10

12

14

16

18

20

7.05

8.86

18.68

9.09

6.59

4.71

0.88

3.24 3.52 3.54 2.79

Vietnam inflation rate from 2009 to 2019 (unit: percent)