Manufacturing Intelligence Spotlight: Vietnam

The biggest opportunities for Canadian companies include key growth sectors, such as:  food and beverages, pharmaceuticals and chemicals.

GDP: $497.8 billion (2010 est.)

GDP growth: 5.1% (2010 est.)

GDP per capita: $6,200 (2010 est.)

Population: 82,079,636

Labour force: 26.2 million (2010 est.)

Products: cotton, rice, corn, wheat, beans, fruits, vegetables; cattle, water buffalo, sheep, goats

Industry: textiles, food processing, tourism, chemicals, pharmaceuticals, hydrocarbons, construction, cement, metals, light manufactures

Exports: $72.07 billion (2010 est.)

Export Markets: clothes, shoes, marine products, crude oil, electronics, wooden products, rice, machinery

Export partners: US 20%, Japan 10.7%, China 9.8%, South Korea 4.3% (2010 est.)

Imports: $79.81 billion (2010 est.)

Import partners: China 23.8%, South Korea 11.6%, Japan 10.8%, Taiwan 8.4%, Thailand 6.7%, Singapore 4.9% (2010 est.)

Import Markets: machinery and equipment, petroleum products, steel products, raw materials for the clothing and shoe industries, electronics, plastics, automobiles

Trade activity with Canada:

Exports to Vietnam: $247.6M

Major exports to Vietnam:  foodstuffs ($21.9M), chemicals ($29M), base metals ($42.5M), machines ($60.4M)

Imports from Vietnam: $1,173,484,087

Major imports: base metals ($47M), textiles ($302.4M), miscellaneous manufactures ($177.4M), plastics ($39.1M)

Trade Commissioner
Ms. Ngan Hoang
The Consulate General of Canada, Ho Chi Minh City / Consulat général du Canada à Ho Chi Minh-Ville
Consulate General of Canada, Ho Chi Minh City, Viet Nam  The Metropolitan, Suite 1002, 235 Dong Khoi Street, District 1 , Ho Chi Minh City, Vietnam
(011-84-8) 3827-9899   Fax: (011-84-8) 3827-9935
vietnam-infocentre@international.gc.ca

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Sources: Export Development Canada , Statistics Canada and The CIA World Factbook