Vietnam is a South East Asian country surrounded by Laos, China and Cambodia. It has natural resources in phosphates, coal, offshore oil and gas deposits, manganese, timber and hydropower. It has a population of 96 million people and Vietnamese is the official and most used language, followed by English, some French and Chinese. Vietnam is not a religious country with almost 82 percent of the population preferring ‘none’.

Over the 1950s and 60s, the communist North attacked the anti-communist South, and the United States got involved in what became a disastrous war for all involved. A 1973 cease-fire agreement allowed the American troops to withdraw and brought about a return to communism. The country is known for little to no civil liberties under its communist dictatorship. Personal income tax rate is 35 percent and corporate tax rate is at 22 percent. Public debt is over 62 percent of the GDP.

Average Monthly Earnings

Employment-to-Population Ratio

Unemployment Rate

Employment by Sector

Agriculture 37.7%
Industry 26.7%
Services 35.6%

Employment Distribution by Education

Age 15+

Less than Basic 10.9%
Basic 49.9%
Intermediate 27.6%
Advanced 11.7%
Level Not Stated 0%

Age 15-24

Less than Basic 4.3%
Basic 51.2%
Intermediate 37..5%
Advanced 7.0%
Level Not Stated 0%

Age 15-64

Less than Basic 10.1%
Basic 49.8%
Intermediate 28.1%
Advanced 12.0%
Level Not Stated 0%

Age 25+

Less than Basic 11.7%
Basic 49.7%
Intermediate 26.3%
Advanced 12.3%
Level Not Stated 0%

Schedule a Demo

Would you bike to work if given the opportunity? What if your employer provided you with a free bike or a free commuter ticket? Environmental sustainability is highly emphasized in this country, & employers are offering their employees rewards for choosing to bike or commute!

When doing business in various countries, ensuring that documents are translated appropriately is critical. Global People Strategist offers translation services to give you confidence when translating foreign documents! #InternationalTranslationDay #TranslationServices

By 2050, the United Nations projects that half of the world’s population growth will be concentrated in just 9 countries: India, Nigeria, the Democratic Republic of the Congo, Pakistan, Ethiopia, the United Republic of Tanzania, the United States of America, Uganda, and Indonesia

Today is the European Day of Languages which aims to encourage language learning for citizens all across Europe! More than 54% of European citizens currently speak more than one language! #EuropeanDayofLanguages #Europe #BusinessinEurope #Languages #BiLangual #GlobalBusiness

Did you Know? The ILO estimates that during the second quarter of 2020, 557 million workers worked from home, accounting for about 18% of the global workforce! Did you work from home in 2020? #InternationaLabourOrganization #ILO #RemoteWork #WorkFromHome #GlobalWorkforce

Load More...