Forex Trading in Vietnam

Vietnam, located in Southeast Asia, has an area of 331,230 km2. Vietnam, with a population of 96,484,000 people, and a very low percentage of immigration, is also a very populated country and has a population density of 291 inhabitants per square kilometer.

Its capital is Hanoi and its currency is Vietnamese Dongs. Vietnam is the 40th largest economy by GDP. Its public debt in 2019 was €127.64 billion, with a debt of 43.37% of GDP. Its debt per capita is €1,323 per capita.

There are some variables that can help you to know something more if you are going to travel to Vietnam or simply want to know more about the standard of living of its inhabitants. The GDP per capita is a very good indicator of the standard of living and in the case of Vietnam, in 2019, it was 3,051€ euros, so it is with this figure is at the bottom of the table, in the 129th place. Its inhabitants have a very low standard of living in relation to the 196 countries in the ranking of GDP per capita.

As for the Human Development Index or HDI, which is prepared by the United Nations to measure the progress of a country and ultimately shows us the standard of living of its inhabitants, indicates that the Vietnamese have a poor quality of life.

If the reason for visiting Vietnam is business, it is useful to know that Vietnam is ranked 69th out of 190 in the Doing Business ranking, which classifies countries according to the ease of doing business. As for the Corruption Perception Index of the public sector in Vietnam has been 36 points, thus, its inhabitants believe that there is a lot of corruption in the public sector.

In the tables at the bottom of the page you can find more information about the economy and demographics of Vietnam and if you want to see information about any other country you can do it from economy countries.