Asian Development Bank and Viet Nam: Fact Sheet

Abstract

Updated yearly, this ADB Fact Sheet provides social and economic indicators on Viet Nam as well as concise information on ADB's operations in the country and contact information. Viet Nam boasts abundant natural resources, including oil and natural gas; an enterprising, well-educated, and relatively affordable work force; and a dynamic private sector. At the same time, its strategic location in the Greater Mekong Subregion (GMS) provides extensive navigational shorelines, and many deep-water ports and road links with neighboring countries. As one of Asia’s fastest growing economies, Viet Nam is opening up through regional and international economic integration initiatives, with gross domestic product (GDP) growing at an average of 7.5% over the last decade, reaching a high of 8.4% in 2005.