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Vietnam

Vietnam, a strip of land in an ‘S’ shape, lies on the eastern part of the Indochinese peninsula. It is bordered by China in the north with Laos and Cambodia to the west.

Vietnam, a strip of land in an ‘S’ shape, lies on the eastern part of the Indochinese peninsula. It is bordered by China in the north with Laos and Cambodia to the west.

Overview

Official Name
The Socialist Republic of Vietnam

Capital
Hanoi

Independence Day
2 September 1945

Population, Territory and Currency

96,462,106 (2019)

331, 212 square km

Viet Nam Dong (VND)
Price per meal: ~d88,053 (SGD$5.20)

Demographics

Demographics Demographics

76.3 Life expectancy
Source: World Health Organisation (2019)

37.3% Urban population
Source: United Nations (2019)

49.9% Of the population are male
Source: World Bank (2019)

13.7% Are youths aged 15-24
Source: United Nations (2019)

The Flag

The flag of Vietnam was designed in 1955 and used during an uprising against French rule in the south. The red field symbolises the bloodshed and revolutionary struggle while the large yellow star represents the 5 main classes in Vietnamese society – workers, peasants, soldiers, intellectuals and businessmen.

The Flag
Flag of Vietnam

Key Historical Events

1858

French colonial rule.

1930

Ho Chi Minh founds the Indochinese Communist Party (ICP).

1945

Vietnam War.

1976

Renamed Socialist Republic of Vietnam.

1977

Member of the United Nations.

Economic Profile

Vietnam’s shift from a centrally planned to a market economy has transformed them from one of the poorest into a middle income country. Economic and political reforms have spurred rapid economic growth, lifting 45 million people out of poverty.

SGP X VNM: Looking ahead, Vietnam’s GDP growth is expected to remain strong in 2018-2022, with projections placing it at 6.2% 1. Domestic demand is likewise expected to rise in the next few years, fuelled by rapid wage growth, a booming tourism sector, and reformative government policies to encourage private- sector investment.

Industry

Infrastructure
A key industry contributing to 33% of the economy. To support its fast growing economy, Vietnam has increased its infrastructural projects.

Agriculture
Vietnam is renowned globally for its agricultural produce and seafood resources which is exported internationally.

Manufacturing
The majority of Vietnam’s manufacturing is primarily located in Ho Chi Minh city. Prominent sectors include textile, garments, furniture and electronics.

Places of Interest

Places of Interest

Hạ Long Bay
Descending Dragon

A UNESCO World Heritage Site and a popular travel destination, this bay features thousands of limestone karsts and isles in various shapes and sizes.

Golden Bridge
150m long pedestrian bridge

Located in the Bà Nà Hills resort, it provides a scenic overlook and is a major tourist attraction. The bridge loops nearly back around to itself and has 2 giant hands designed to appear like it supports the bridge.

Local Food

Local Food

Spring Roll
A traditional dish consisting of pork, prawn, vegetables and rice vermicelli, it is served fresh and at room temperature.

Pho
Pho is the national dish of Vietnam and is sold everywhere, from restaurants to street corners. It consists of broth, rice noodles, meat (beef or chicken) and herbs.

Coffee
The strong taste, thicker brew and a few over-roasted beans combined with condensed milk make for a different and distinctive taste.