What are Vietnam’s main imports?

Imports The top imports of Vietnam are Integrated Circuits ($27.1B), Telephones ($13.7B), Refined Petroleum ($6.92B), Light Rubberized Knitted Fabric ($5.3B), and Semiconductor Devices ($4.38B), importing mostly from China ($91.1B), South Korea ($47.8B), Japan ($16.3B), Thailand ($11.8B), and Chinese Taipei ($11.4B).

What does Vietnam import the most?

Industry Snapshots

Top Imports Import Value (2017)
Electronic goods/Computers US $37.5 billion
Machinery US $33.6 billion
Phones US $16.2 billion
Fabrics US $11.4 billion

What are Vietnam major exports?

Vietnam main exports are: telephones, mobile phones and parts thereof (21 percent of total shipments) and textiles (12 percent). Others include: computers and electrical products (12 percent); shoes and footwear (7 percent) and machinery, instruments and accessories (6 percent).

What are the imports and exports of Vietnam?

Vietnam Exports and Imports of Product Groups 2019

Vietnam Raw materials exports are worth US$ 20,125 million, product share of 7.61%. Vietnam Raw materials imports are worth US$ 26,300 million, product share of 10.38%. Vietnam Intermediate goods exports are worth US$ 33,652 million, product share of 12.72%.

What is Vietnam’s biggest industry?

Main Sectors of Industry

Vietnam’s economy is based on large state-owned industries such as textiles, food, furniture, plastics and paper as well as tourism and telecommunications. Agriculture represented 14% of GDP and employs 36% of the total workforce in 2020 (World Bank).

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What are the top 5 items that Vietnam import?

Vietnam main imports are computers, electrical products and parts (18 percent of total imports) and machine, instruments and accessories (16 percent). Others include: telephones, mobile phones and parts thereof (8 percent); textile fabrics (5 percent) and iron and steel (4 percent).

Who is the leader of Vietnam?

What should I buy in Vietnam?

Read on for our guide on the best things to buy in Vietnam.

  • Traditional Ao Dai Costume.
  • Silk.
  • Vietnamese Coffee.
  • Pearl Jewellery.
  • Conical Hat.
  • Lacquerware.
  • Hand Embroidery.
  • Propaganda Posters.

Why is Vietnam so poor?

The majority of the poor are farmers. In 1998 almost 80 percent of the poor worked in agriculture. The majority of the poor live in rural, isolated, mountainous or disaster prone areas, where physical infrastructure and public service are relatively undeveloped. The poor often lack production means and cultivated land.

What are the main jobs in Vietnam?

The top 5 currently highest paid jobs in Vietnam

  1. Finance/Investment. Finance and investment were the fields that have the highest salary according to the report of VietnamWorks 2019. …
  2. Banking. …
  3. Programmer and Information Technology Industry. …
  4. Construction engineer. …
  5. Marketing.

Is Vietnam still communist?

Government of Vietnam

The Socialist Republic of Vietnam is a one-party state. A new state constitution was approved in April 1992, replacing the 1975 version. The central role of the Communist Party was reasserted in all organs of government, politics and society.

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