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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.

Market News
Surging exports help lift local currency value  
Burmaˇ¦s rubber prices low  
Export of agro-forestry and fisheries products rise  
Vietnam enjoys $360m trade surplus in Jun: Customs  
HSBC: Vietnam to enjoy rapid trade growth in 15 years  
2011 Show Report

The 7th Manufacturing Hanoi 2011 successfully launched during April 19 - 22, 2011 at VEFAC- Vietnam Exhibition Fair Center..... more

 
 
 
 
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