$31 billion (31 December 2009 est.)
$25.89 billion (31 December 2008 est.)
| Year | Debt - external | Rank | Percent Change | Date of Information |
|---|---|---|---|---|
| 2003 | $14,100,000,000 | 48 | 2001 | |
| 2004 | $14,690,000,000 | 56 | 4.18 % | 2003 |
| 2005 | $16,550,000,000 | 54 | 12.66 % | 2004 est. |
| 2006 | $20,160,000,000 | 61 | 21.81 % | 2005 est. |
| 2007 | $21,860,000,000 | 62 | 8.43 % | 2006 est. |
| 2008 | $21,830,000,000 | 67 | -0.14 % | 31 December 2007 est. |
| 2009 | $23,090,000,000 | 68 | 5.77 % | 31 December 2008 est. |
| 2010 | $31,000,000,000 | 60 | 34.26 % | 31 December 2009 est. |
Definition: This entry gives the total public and private debt owed to nonresidents repayable in foreign currency, goods, or services. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of November 3, 2010
See Also6% (31 December 2009)
10.25% (31 December 2008)
| Year | Central bank discount rate | Rank | Percent Change | Date of Information |
|---|---|---|---|---|
| 2008 | 6.5 | 58 | 31 December 2007 | |
| 2009 | 6.5 | 60 | 0.00 % | 31 December 2007 |
| 2010 | 10.25 | 45 | 57.69 % | 31 December 2008 |
Definition: This entry provides the annualized interest rate a country's central bank charges commercial, depository banks for loans to meet temporary shortages of funds.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of November 3, 2010
11.18% (31 December 2007 )
Rank: 82
Definition: This entry provides a simple average of annualized interest rates commercial banks charge on new loans, denominated in the national currency, to their most credit-worthy customers.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of November 3, 2010
Public debt:
53.7% of GDP (2009 est.)
48.8% of GDP (2008 est.)
| Year | Public debt | Rank | Percent Change | Date of Information |
|---|---|---|---|---|
| 2004 | $64 | 35 | 2003 | |
| 2005 | $66 | 32 | 2.49 % | 2004 est. |
| 2006 | $48 | 56 | -26.86 % | 2005 est. |
| 2007 | $48 | 50 | -1.45 % | 2006 est. |
| 2008 | $42 | 52 | -11.58 % | 2007 est. |
| 2009 | $46 | 43 | 8.33 % | 2008 est. |
| 2010 | $54 | 43 | 18.02 % | 2009 est. |
Definition: This entry records the cumulative total of all government borrowings less repayments that are denominated in a country's home currency. Public debt should not be confused with external debt, which reflects the foreign currency liabilities of both the private and public sector and must be financed out of foreign exchange earnings.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of November 3, 2010
See Also7% (2009 est.)
23.1% (2008 est.)
| Year | Inflation rate (consumer prices) | Rank | Percent Change | Date of Information |
|---|---|---|---|---|
| 2003 | 3.90 % | 91 | 2002 est. | |
| 2004 | 3.10 % | 115 | -20.51 % | 2003 est. |
| 2005 | 9.50 % | 189 | 206.45 % | 2004 est. |
| 2006 | 8.30 % | 175 | -12.63 % | 2005 est. |
| 2007 | 7.50 % | 166 | -9.64 % | 2006 est. |
| 2008 | 8.30 % | 175 | 10.67 % | 2007 est. |
| 2009 | 24.40 % | 211 | 193.98 % | 2008 est. |
| 2010 | 7.00 % | 169 | -71.31 % | 2009 est. |
Definition: This entry furnishes the annual percent change in consumer prices compared with the previous year's consumer prices.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of November 3, 2010
See AlsoEquivalent Data From the International Monetary Fund
Note: Data for inflation are averages for the year, not end-of-period data.
Units: Annual percent change
Country-specific Note: See notes for: Inflation, average consumer prices (Index, 2000=100).
Source: International Monetary Fund - 2009 World Economic Outlook
| Year | Inflation, average consumer prices | Percent Change |
|---|---|---|
| 1980 | 25.156 | |
| 1981 | 69.6 | 176.67 % |
| 1982 | 95.401 | 37.07 % |
| 1983 | 49.487 | -48.13 % |
| 1984 | 64.897 | 31.14 % |
| 1985 | 91.602 | 41.15 % |
| 1986 | 453.538 | 395.12 % |
| 1987 | 360.357 | -20.55 % |
| 1988 | 374.354 | 3.88 % |
| 1989 | 95.77 | -74.42 % |
| 1990 | 36.031 | -62.38 % |
| 1991 | 81.817 | 127.07 % |
| 1992 | 37.705 | -53.92 % |
| 1993 | 8.379 | -77.78 % |
| 1994 | 9.483 | 13.18 % |
| 1995 | 16.926 | 78.49 % |
| 1996 | 5.593 | -66.96 % |
| 1997 | 3.095 | -44.66 % |
| 1998 | 8.11 | 162.04 % |
| 1999 | 4.108 | -49.35 % |
| 2000 | -1.768 | -143.04 % |
| 2001 | -0.31 | -82.47 % |
| 2002 | 4.079 | -1,415.81 % |
| 2003 | 3.303 | -19.02 % |
| 2004 | 7.895 | 139.03 % |
| 2005 | 8.394 | 6.32 % |
| 2006 | 7.503 | -10.61 % |
| 2007 | 8.349 | 11.28 % |
| 2008 | 23.115 | 176.86 % |
| 2009 | 7 | -69.72 % |
Vietnam Export/Import Highlight in Jan - Sep 2010
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Vietnam Export Highlight in Q1-2010
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Vietnam Import in Q1-2010
Vietnam Import-Export Review in year 2009
From GSO, the export turnovers in 2009 were at an estimate of USD 56.6 billion, showing a drop of 9.7% as against 2008. As while, the import turnovers in 2009 were at an estimate of USD 68.8 billion, down by 14.7% as against 2008. Of which, the domestic economic sector gained USD 43.9 billion, fell by 16.8%; the FDI sector: USD 24.9 billion fell by 10.8%. Although the decreased rate of the import turnovers was higher than that of the export turnovers, the trade deficits in 2009 was still at an estimate of USD 12.2 billion, reduced by 32.1% as against 2008 and equal 21.6% of 2009's total export turnovers.
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Vietnam has reviewed their export plan and aim to gain bigger portion of their total export to Asean market.
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In the same time, Vietnam is one of the strategic markets of Asean exporter during last period:
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Vietnam Trade Balance (Import-Export) in first seven months of year 2009.
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More information about banking review
Update Vietnam import export figures in the first half of 2009
The initial statistic figures from export business in the first half of 2009 has reflected the effects from world financial crisis. (* Refer to more financial news in Vietnam ). However, the contribution of foreign enterprise in country's export/import has some better signals in last two months of the first half:
- Export contribution from FDI enterprise: -7.6% - account 37% of total country export, not include crude oil export (in first 4 month is - 34%, in the first 2 months: -23.4%) year on year
The higlight of import in this first half are:
- Import from FDI enterpises also reduce -24.2% (in the first 4 month: -33%, in the first 2 months: 29.8%) year on year. Total import from FDI Enterprises account about 35% of whole country imports
More financial news about export enterprises
Beside the less contribution of FDI enteprises in import-export activities, the number of FDI projects in Vietnam also reduces. See more details in FDI statistics
More information of domestic industrial Output: Industry Analysis : Paper Industry - Cement Industry- Petrochemical Industry - Construction Industry
Highlights of Vietam Import-Export in Jan-Nov 2008 (Source: GSO)
- From year to month, agriculture segment has totally 5 products reached over 1 billion USD export: Aquatic products, rice, wood and wooden products, coffee and rubber.
- With paper industry, the supply is over demand. It creates the strong pressure to make the domestic price reducing. Total import paper has growed more than 20% compared with last year. As while, demand grows only at 8.5 - 10.5%. The country inventory now is over 40,000 mt of all kind of paper.
- Animal feed's inventory now is over 20,000 mt, especially many shipments from Agrentina, India, Peru has not come ye, which may causes higher inventory level in country.
- Fertilizer has been imported over 180,000 mt (+30 % month on month). Comparing with the same period of last year, Ure import reduces 36%, SA - 43.09%, DAP - 40.93%, NPK -69.71%
- Although coming to the high season as usual, wood import reduces 13.6% month on month. In which, MDF -28% month on month (on import quantity), hard wood - 2.2%, rubber wood -6.88%,
Vietnam Import - Export in first quarter 2008 - clink on the image to enlarge view
Major markets of Vietnam in export business in year 2007
Products | Top 3 Markets / Amount (mil. $US) |
| Toys | United States (27.42), Germany (14.45), Japan (6.57) |
| Sugar | Indonesia (2.5), Taiwan (0.82), China (0.64) |
| Coffee | Germany (278), United States (212), Spain (150) |
| Natural Rubber | China (838), Malaysia (69.9), Taiwan (68.4) |
| Crude Oil | Australia (2,880), Singapore (1,573), Japan (1,013) |
| Rice | Philippine (468), Indonesia (378), Malaysia (116) |
| Wood Furniture | United States (948), Japan (307), United Kingdom (196) |
| Footwear | United States (885), United Kingdom (526), Germany (357) |
| Apparrel | United States (4,465), Japan (704), Germany (365) |
| Plastics products | United States (137), Japan (126), Cambodia (44) |
| Anthracite | China (650), Japan (133), Korea (39) |
Vietnam Import - Export Forecast in year 2008 (Source: Ministry of Industry & Trade) - clink on the image to enlarge view
Vietnam Import 2007 Review
As the recent report of Ministry of Industry and Trade, there are four key factors caused the high import amount in year 2007:
1. Import of machinery and materials for foreign investment projects and other key projects of country, like Ca Mau Power - Fertilizer Complex, Ship Building, and Dung Quat Refinery project.
2. The increasement of imported material's price, like crude steel, fertilizers, plastics and textiles.
3. Export growth is less than last year (20.5% vs. 22.8% of last year). In addition, some items are controled the quantity of export to secure the country's resources and environment's issues.
4. Import tax reduction in AFTA scheme. It boosted up the big volume of import from regional countries to Vietnam.
Key import-export products in year 2007
| Import | Unit | Qtty |
|---|---|---|
| Pulp & Paper | '000 mt | 842 |
| Fertilizer | '000 mt | 3,800 |
| Plastics | '000 mt | 1,650 |
| Gasoline | '000 mt | 12,600 |
| Construction Steel | '000 mt | 7,700 |
| in which: Crude Steel | '000 mt | 2,000 |
Export | ||
| Crude Oil | '000 mt | 16,400 |
| Coal | '000 mt | 32,500 |
| Apparel | mil. USD | 7,800 |
| Footwear | mil. USD | 4,000 |
| Wooden Products | mil. USD | 2,400 |
| Plastics Products | mil. USD | 725 |
| Bicycles and Spare parts | mil. USD | 79 |
| Processed Seafood | mil. USD | 3,790 |
| Wire Cables | mil. USD | 884 |
TRADE BALANCE BY COUNTRIES (FROM JAN - JUL'07)
(Source: General Department of Statistics)
IMPORT SHARES BY COUNTRIES (FROM JAN - JUL'07)
(Source: General Department of Statistics)
IMPORT - EXPORT REVIEW IN YEAR 2006
In year 2006, Vietnam exports total 39.6 billion USD (+22.1% year on year), in which: FIEs: 22.87 billion $US (+23.2% yoy)- included crude oil export. The major export market in year 2006: 20% United States (+35% yoy), 18% E.U (+30% yoy), 13% Japan (+19% yoy). There are total 9 groups which have export amount over 1 billion $US: crude oil, garment, footwear, aquatic products, furnitures, electronic components, rice, coffe and rubber.
Total import value of Vietnam in 2006 is 44.41 billion USD (+20.1% year on year), in which FIEs: 1.55 billion $US. Some goods have significant growth in 2006 like: paper (+24.8% yoy), chemicals (+18.7%), plastics (+13.6%), machinery (+24.1%).
EXPORT REVIEW 2005
Earnings from exports in December were estimated at 3 billion USD, bringing the country's export revenues this year to over 32 billion USD, 21.6 percent more than last year, according to the Trade Ministry.
Particularly, crude oil exports fetched more than 7 billion USD. Aquatic products, the country' fourth largest foreign currency earner, raked in 2.5 billion USD, 14 percent over last year. More than 5.2 million tonnes of rice have been exported, earning nearly 1.4 billion USD, a record so far in terms of both volume and value. Wooden furniture exports also surpassed their target, reaching more than 1.5 billion USD, a 33 percent year on year increase; rubber latex fetched an export value of 772 million USD; coffee, 718 million USD; electronics and computer parts, 1.5 billion USD.
The US is the biggest market for Vietnamese products, spending 4.8 billion USD. It was followed by ASEAN countries with more than 4.4 billion USD; the EU, more than 4.3 billion USD; Japan , 3.5 billion USD, and China , 2.3 billion USD.
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IMPORT REVIEW 2005 (Source: MOT)
'000 MT | Mil. $US | |
| Total | 36,781.00 | |
| Domestice Enterprises | 22,991.00 | |
| FIEs | 13,687.00 | |
| Major products | ||
| 1. Cars | 17,133.00 | 281.00 |
| 2. Cars' accessories | 67,475.00 | 787.00 |
| 3. Automobiles' accessories | - | 470.00 |
| 4. Construction Steel | 3,398.00 | 2,135.00 |
| 5. Crude Steel | 2,199.00 | 830.00 |
| 6. Fertilizer | 2,938.00 | 654.00 |
| Urea Fertilizer | 883.00 | 221.00 |
| 7. Gasoline | 11,335.00 | 4,969.00 |
| 8. Paper | 554.00 | 355.00 |
| 9. Plastic | 1,142.00 | 1,421.00 |
| 10. Yarn | 210.00 | 350.00 |
| 11. Chemical | 870.00 | |
| 12. Machinery | 5,300.00 | |
| 13. Phamarceutical | 500 | |
| 14. Electronic applicances | 1,700.00 | |
| 15. Garment | 2,350.00 | |
| 16. Clinker | 4,200.00 | 121.00 |
| 17. Other metals | 780.00 | |
| 18. Milk | 305.00 | |
| 19. Wood | 670.00 | |
| 20. Pulb | 150.00 | 73.00 |
| 21. Rubber | 140.00 | 212.00 |
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TRADE RECORDS FROM 1996 - 2005
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