GDP:
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purchasing power parity - $203.7 billion (2003 est.)
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GDP - real growth rate:
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7.2% (2003 est.)
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GDP - per capita:
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purchasing power parity - $2,500 (2003 est.)
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GDP - composition by sector:
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agriculture: 21.8%
industry: 39.7%
services: 38.5% (2003 est.)
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Investment (gross fixed):
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33% of GDP (2003)
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Population below poverty line:
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37% (1998 est.)
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Household income or consumption by percentage share:
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lowest 10%: 3.6%
highest 10%: 29.9% (1998)
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Distribution of family income - Gini index:
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36.1 (1998)
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Inflation rate (consumer prices):
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3.1% (2003 est.)
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Labor force:
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45.74 million (2003 est.)
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Labor force - by occupation:
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agriculture 63%, industry and services 37% (2000 est.)
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Unemployment rate:
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6.1% (2003 est.)
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Budget:
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revenues: $8.689 billion
expenditures: $9.718 billion, including capital expenditures of $1.8 billion (2003 est.)
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Public debt:
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64.3% of GDP (2003)
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Industries:
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food processing, garments, shoes, machine-building, mining, cement, chemical fertilizer, glass, tires, oil, coal, steel, paper
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Industrial production growth rate:
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16% (2003 est.)
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Electricity - production:
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29.8 billion kWh (2001)
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Electricity - production by source:
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fossil fuel: 43.7%
hydro: 56.3%
other: 0% (2001)
nuclear: 0%
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Electricity - consumption:
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27.71 billion kWh (2001)
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Electricity - exports:
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0 kWh (2001)
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Electricity - imports:
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0 kWh (2001)
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Oil - production:
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356,700 bbl/day (2001 est.)
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Oil - consumption:
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185,000 bbl/day (2001 est.)
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Oil - exports:
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NA (2001)
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Oil - imports:
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NA (2001)
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Oil - proved reserves:
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1.4 billion bbl (1 January 2002)
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Natural gas - production:
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1.3 billion cu m (2001 est.)
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Natural gas - consumption:
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1.3 billion cu m (2001 est.)
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Natural gas - exports:
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0 cu m (2001 est.)
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Natural gas - imports:
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0 cu m (2001 est.)
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Natural gas - proved reserves:
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192.6 billion cu m (1 January 2002)
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Agriculture - products:
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paddy rice, corn, potatoes, rubber, soybeans, coffee, tea, bananas, sugar; poultry, pigs, fish
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Current account balance:
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$-1.781 billion (2003)
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Exports:
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$19.88 billion f.o.b. (2003 est.)
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Exports - commodities:
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crude oil, marine products, rice, coffee, rubber, tea, garments, shoes
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Exports - partners:
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US 20.9%, Japan 13.2%, Australia 6.9%, China 6.2%, Germany 5.5%, Taiwan 4.8%, Singapore 4.4%, UK 4.2% (2003 est.)
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Imports:
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$22.5 billion f.o.b. (2003 est.)
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Imports - commodities:
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machinery and equipment, petroleum products, fertilizer, steel products, raw cotton, grain, cement, motorcycles
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Imports - partners:
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China 13.6%, Taiwan 11.9%, Japan 11.2%, South Korea 10.8%, Singapore 10.3%, US 5.7%, Thailand 5.4%, Hong Kong 4.2% (2003 est.)
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Reserves of foreign exchange & gold:
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$6.357 billion (2003)
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Debt - external:
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$14.69 billion (2003)
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Economic aid - recipient:
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$2.8 billion in credits and grants pledged by international donors for 2000 (2004)
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Currency:
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dong (VND)
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Currency code:
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VND
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Exchange rates:
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dong per US dollar - 15,279.5 (2003), 15,279.5 (2002), 14,725.2 (2001), 14,167.7 (2000), 13,943.2 (1999)
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