Economic Status in Hanoi
Hanoiˇ¦s population would reach 3.2 ˇV 3.3 million people by the year 2010, per capital GDP is hoping to have an increase of 2.4 times in comparison to that in 2000. GDP growth rate is 9.8% yearly. There are 1.5 millions working-age people. Hanoi is the city which has the highest qualified labor force with skillful occupation. Trained labor force is accounted for 34 percent. Over the past 5 years, the regionˇ¦s GDP growth has been increased by 15% per year in extended industry. There is also an increase of 22.16% per year in foreign capital investment area, driven mainly by industrial expansion, consumer spending and fixed investment.
Market Information
Vietnam has a population of eighty million, ranking the 14th amongst the world, with a great potential of consuming, abundance of labor resource, and a strong acceptability of new technologies.
The printing industry in Vietnam has been growing strong these years. There are about 2000 printing companies in the country, including 500 large enterprises and 200 private units.
Most of the Vietnam printing factories possess printing equipments; however, most of the companies are still using out-dated equipments for their printing procedures; as a result, in order to keep up with the demand, and to maintain the fast growth of advertising industry in Vietnam, huge demands of high tech printing and labeling equipments and materials are needed in Vietnam.
