04 December 2008
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VIETNAM

FAST FACTS
Area: 331,689 sq km
Population: 72,509,000
Capital (population): Hanoi (2,571,000)
Government: Communist dictatorship
Ethnic groups: Vietnamese 87%
Tho (Tay), Chinese (Hoa), Tai, Khmer,
Muong and Nung
Languages: Vietnamese (official)
Religions: Buddhist 55%
Christian (Roman Catholic 7%)
Currency: Dong = 10 hao or 100 xu
GDP per capita: US$ 269

Assimilated into China during the Southern Yue dynasty (hence the name in Chinese Yuenan - which translates in to Vietnam), this country has long been in conflict with its more powerful neighbour, even when after ejecting the French colonial powers which ruled it during the first half of this century, and then the Americans, who backed a nationalist government, it became a communist republic.

The constant wars that afflicted Vietnam during this century left its economy in ruins. It has, however, managed to recover, once the prolonged wars ceased in 1975.Vietnam is a long thin strip of land on the eastern coast of the south east Asian peninsula, mostly mountainous and covered in forest. Its economy is therefore based on agriculture, and the country has therefore concentrated, in recent years, on recovering a measure of self-sufficiency.

Since the end of the 1980s, Vietnam has begun to open up to foreign investment and commercial ties. With foreign interest in investing in Vietnam now increasing rapidly, the prospects for the country developing a strong consumer economy and industrial base.

VIETNAM LINKS

http://www.saigon.com
http://www.deltanet.com/nd/index.html

Note: AccessAsia only provides these links as a help to those looking for further information on each country. AccessAsia does not in any way subscribe to, or have any connection to any of the linked sites or their organisations, nor does AccessAsia claim to share any of the views expressed by any of the organisations listed. If you know of any better sites that we should include on this page, please do let us know! We will periodically update these links, so feel free to check in once in a while...

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