Vietnam Snapshot - PESTLE, SWOT, Risk and Macroeconomic Analysis report is designed to provide in-depth information about Vietnam including its PESTLE (political, economic, social, technological, legal and environmental), SWOT (Strengths, Weaknesses, Opportunities and Threats) and country risk analysis backed by macroeconomic data.
Vietnam is one of the most beautiful countries located in South East Asia. In the North, Vietnam shares a long borderline with China. In the East, Vietnam is bordered by the Gulf of Tonkin, in the East and South by the South China Sea, in the South West by the Gulf of Thailand, and in the West by Cambodia and Laos. Owing to the stretching length of the Indochinese Peninsula, Vietnam boasts a unique shape of an elongated S and a long coastline of 3,260km with a lot of wonderful sites.
Vietnam is expected to have a population of 100.104 million in the year 2023 and is expected to reach 103.272 million by 2027, growing at a CAGR of 0.78%.
Vietnam’s real gross domestic product (GDP) was VND 28,75,856.19 billion in 2020 and while recovering from the COVID-19 impact it increased by 5.85% to be around VND 30,54,470.22 billion in 2021. It is further expected to increase by 6.27% and reach VND 43,98,623.95 billion by 2027.
Vietnam’s unemployment rate was 2.4% of the total labor force in 2022. It is expected to remain constant till 2027.
Vietnam’s per capita GDP was USD 2,305.702 whereas purchasing power parity (PPP) based per capita GDP was USD 6,925.176 for the year 2022.
In 2022, Vietnam's government’s revenue was VND 11,57,181 billion whereas the expenditure was VND 14,40,073 billion. This resulted in Vietnam's government’s net lending/borrowing being negative at VND 2,82,892 billion in 2022 indicating that not enough financial resources were made available by the Vietnam government to boost economic growth.
The current account balance for Vietnam was positive at USD 8.783 billion for the year 2022 and is expected to decrease at a CAGR of 26.63% and reach a positive USD 1.868 billion by 2027. This positive current account balance indicates that Vietnam will remain a net lender to the rest of the world till 2027.
Scope of Vietnam Snapshot - PESTLE, SWOT, Risk Macroeconomic Analysis Report
- This report provides information about key macroeconomic indicators for Vietnam.
- This report provides PESTLE (political, economic, social, technological, legal and environmental) analysis of Vietnam.
- This report provides SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis for Vietnam.
- This report provides a risk analysis for Vietnam.
- This report provides information on Coronavirus (COVID-19) pandemic related policy response in Vietnam.
Table of Contents
1. Executive Summary
- Scope of Vietnam Snapshot - PESTLE, SWOT, Risk Macroeconomic Analysis Report
- Research Methodology
2. PESTLE Analysis of Vietnam
2.1 Political Factors
2.2 Economic Factor
2.2.1 National Accounts Indicators
2.2.1.1 Real Gross Domestic Product
2.2.1.2 Nominal Gross Domestic Product
2.2.1.3 Gross Domestic Product Deflator
2.2.1.4 Per Capita Gross Domestic Product
2.2.1.5 Purchasing-Power-Parity (PPP) Based Per Capita GDP
2.2.1.6 Total Investment/Gross Capital Formation
2.2.1.7 Gross National Savings
2.2.2 Monetary Indicators
2.2.2.1 Consumer Price Index (CPI) Inflation
2.2.3 Trade Indicators
2.2.3.1 Change in Import Volume of Goods & Services
2.2.3.2 Change in Export Volume of Goods & Services
2.2.4 Government Finance Indicators
2.2.4.1 Government Revenue
2.2.4.2 Government Expenditure
2.2.4.3 Government Net Lending/Borrowing
2.2.4.4 Government Gross Debt
2.2.5 Balance of Payment Indicators
2.2.5.1 Current Account Balance
2.3 Social Factors
2.3.1 Population
2.3.2 Unemployment
2.4 Technological Factors
2.5 Legal Factors
2.6 Environmental Factors
3. SWOT Analysis of Vietnam
3.1 Strengths
3.2 Weaknesses
3.3 Opportunities
3.4 Threats
4. Risk Analysis of Vietnam
5. COVID-19 Related Policy Response of Vietnam
5.1 Coronavirus (COVID-19) Containment Measures of Vietnam
5.2 Coronavirus (COVID-19) Related Fiscal Policy Measures by Vietnam
5.3 Coronavirus (COVID-19) Related Monetary Policy Measures by Vietnam
5.4 Coronavirus (COVID-19) Related Policy Measures for MSMEs by Vietnam
List of Exhibits
Notes
Company Information
List of Exhibits
Exhibit 2.1 Real GDP of Vietnam (in VND billion) 2020-2027
Exhibit 2.2 Nominal GDP of Vietnam (in VND billion) 2020-2027
Exhibit 2.3 Nominal GDP of Vietnam (in USD billion) 2020-2027
Exhibit 2.4 GDP Deflator Index for Vietnam 2020-2027
Exhibit 2.5 Per Capita GDP of Vietnam (in USD) 2020-2027
Exhibit 2.6 PPP Per Capita GDP of Vietnam (in USD) 2020-2027
Exhibit 2.7 Total Investment of Vietnam (in %) 2020-2027
Exhibit 2.8 Gross National Savings of Vietnam (in %) 2020-2027
Exhibit 2.9 Consumer Price Index (CPI) Inflation of Vietnam 2020-2027
Exhibit 2.10 Change in Import Volume of Goods & Services of Vietnam (in %) 2020-2027
Exhibit 2.11 Change in Export Volume of Goods & Services of Vietnam (in %) 2020-2027
Exhibit 2.12 Government Revenue of Vietnam (in VND billion) 2020-2027
Exhibit 2.13 Government Revenue of Vietnam (in % of GDP) 2020-2027
Exhibit 2.14 Government Expenditure of Vietnam (in VND billion) 2020-2027
Exhibit 2.15 Government Expenditure of Vietnam (in % of GDP) 2020-2027
Exhibit 2.16 Government Net Lending/Borrowing of Vietnam (in VND billion) 2020-2027
Exhibit 2.17 Government Net Lending/Borrowing of Vietnam (in % of GDP) 2020-2027
Exhibit 2.18 Government Gross Debt of Vietnam (in VND billion) 2020-2027
Exhibit 2.19 Government Gross Debt of Vietnam (in % of GDP) 2020-2027
Exhibit 2.20 Current Account Balance of Vietnam (in USD billion) 2020-2027
Exhibit 2.21 Current Account Balance of Vietnam (in % of GDP) 2020-2027
Exhibit 2.22 Vietnam - Top 10 Export Countries (in USD billion) & % Share 2021
Exhibit 2.23 Vietnam - Top 10 Import Countries (in USD billion) & % Share 2021
Exhibit 2.24 Population of Vietnam (in million) 2020-2027
Exhibit 2.25 Unemployment Level in Vietnam (in %) 2020-2027
Exhibit 3.1 SWOT Analysis of Vietnam
Exhibit 5.1 Covid-19 Policy Response for Supporting MSMEs by Vietnam
Samples
LOADING...