In 2024, Vietnam’s service sector contributed the largest percentage to the country’s gross domestic product (GDP), at 42.36 percent. The service sector consists of the production of intangible goods to businesses and final consumers. Approximately 35.79 percent of the Vietnamese population works in the service sector. A young, working population About 69 percent of Vietnam’s 94 million inhabitants are part of the workforce, or between 15 to 64 years. The country’s workforce has a low unemployment rate of around 1.8 percent, and it is considered a strong regional economic leader, with a yearly economic growth rate of between 6 and 7 percent. Changes in Vietnam’s economy Vietnam’s economy has experienced several drastic shifts over the course of the country’s history, most recently during and following the events of the Indochina Wars: when the North and South were divided politically in the 1950’s, each adopted different economic ideologies, with a communist economy in the North and a capitalist economy in the South. After the country was reunified in 1975, the economy was joined into a socialist-oriented market economy, which has enacted several five-year plans and economic renewal campaigns in order to grow its national economy.

Vietnam State Budget: HCMC: TE: FE: Economic Activities data was reported at 4,429.000 VND bn in 2016. This records an increase from the previous number of 3,709.000 VND bn for 2015. Vietnam State Budget: HCMC: TE: FE: Economic Activities data is updated yearly, averaging 3,709.000 VND bn from Dec 2010 (Median) to 2016, with 7 observations. The data reached an all-time high of 4,429.000 VND bn in 2016 and a record low of 1,811.500 VND bn in 2010. Vietnam State Budget: HCMC: TE: FE: Economic Activities data remains active status in CEIC and is reported by Ho Chi Minh City Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.F006: State Government: Budgetary Account: Ho Chi Minh City.

Vietnam GDP: Year to Date: Service: Accommodation & Food Service Activities data was reported at 153,671.100 VND bn in Sep 2018. This records an increase from the previous number of 90,800.211 VND bn for Jun 2018. Vietnam GDP: Year to Date: Service: Accommodation & Food Service Activities data is updated quarterly, averaging 97,167.606 VND bn from Dec 2012 (Median) to Sep 2018, with 24 observations. The data reached an all-time high of 191,743.000 VND bn in Dec 2017 and a record low of 30,807.898 VND bn in Mar 2013. Vietnam GDP: Year to Date: Service: Accommodation & Food Service Activities data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.A006: Gross Domestic Product: By Industry: Current Price: Quarterly.

In 2023, the service sector in Vietnam was estimated to account for ***** percent of the country's gross domestic product (GDP), reflecting a gradual increase compared to the year prior. This sector has consistently remained the largest contributor to Vietnam’s economy in recent years.  A blooming retail market  The service sector consists of a wide range of economic activities, with some of the most important sub-sectors being wholesale and retail, finance, banking and insurance, transportation, and accommodation and catering services. Wholesale and retail accounts for the largest proportion of the service sector, partially due to the growing retail sales value of goods and services in Vietnam. With a young population and an expanding middle class, e-commerce is increasingly relevant within the retail sector. Vietnam’s e-commerce share of total retail sales has been growing consistently in recent years. Vietnam’s optimistic economic development  Vietnam is among the countries with the highest GDP growth in the world. Next to the increasing export of goods from Vietnam, the country was also among the countries with the highest average salary growth in the Asia Pacific region in 2023. This indicates that Vietnam is an emerging market with healthy domestic demand, alongside its emergence as a manufacturing hub.

Vietnam GDP: Year to Date: Service: Real Estate Activities data was reported at 185,890.500 VND bn in Sep 2018. This records an increase from the previous number of 116,090.107 VND bn for Jun 2018. Vietnam GDP: Year to Date: Service: Real Estate Activities data is updated quarterly, averaging 129,393.553 VND bn from Dec 2012 (Median) to Sep 2018, with 24 observations. The data reached an all-time high of 243,946.000 VND bn in Dec 2017 and a record low of 46,780.630 VND bn in Mar 2013. Vietnam GDP: Year to Date: Service: Real Estate Activities data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.A006: Gross Domestic Product: By Industry: Current Price: Quarterly.

The Gross Domestic Product (GDP) in Vietnam was worth 476.39 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Vietnam represents 0.45 percent of the world economy. This dataset provides the latest reported value for - Vietnam GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Vietnam GDP: Year to Date: Service: Human Health & Social Work Activities data was reported at 115,761.200 VND bn in Sep 2018. This records an increase from the previous number of 71,546.098 VND bn for Jun 2018. Vietnam GDP: Year to Date: Service: Human Health & Social Work Activities data is updated quarterly, averaging 47,497.045 VND bn from Dec 2012 (Median) to Sep 2018, with 24 observations. The data reached an all-time high of 132,507.000 VND bn in Dec 2017 and a record low of 11,684.564 VND bn in Mar 2013. Vietnam GDP: Year to Date: Service: Human Health & Social Work Activities data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.A006: Gross Domestic Product: By Industry: Current Price: Quarterly.

In 2023, the agriculture, forestry, and fishing sector employed the highest share of people by accounting for **** percent of employment distribution in Vietnam. In 2023, the sector employed approximately 13.8 million people.

The Gross Domestic Product (GDP) in Vietnam expanded 7.96 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - Vietnam GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Vietnam GDP: Year to Date: Service: Other Service Activities data was reported at 67,259.800 VND bn in Sep 2018. This records an increase from the previous number of 43,252.649 VND bn for Jun 2018. Vietnam GDP: Year to Date: Service: Other Service Activities data is updated quarterly, averaging 42,357.324 VND bn from Dec 2012 (Median) to Sep 2018, with 24 observations. The data reached an all-time high of 87,620.000 VND bn in Dec 2017 and a record low of 12,003.011 VND bn in Mar 2013. Vietnam GDP: Year to Date: Service: Other Service Activities data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.A006: Gross Domestic Product: By Industry: Current Price: Quarterly.

Abstract

Following a Prime Minister's Decision a General survey was carried out on national scope on the 1st July, 2002. This is the second following the first in 1995 General survey. The Survey targets data on the number of establishments in all 61 provinces and cities of the country, their number of used labors and operation performance.

In the General Survey, the surveyed unit is reffered to as the "establishment" which is defined as any business, public administrative, association, politiccal... establishment that has stable address and operates continuously for at least 3 months a year.

The survey was conducted nation-wide covering all of the establishments that are operating within Vietnam's territory regardless of type of organisation or industry they may belong to (except agricultural co-operatives and agricultural, forest and aquatic family businesses that were surveyed in 2001). In the Group of Business establishments the objects of the survey are all of the self-accounting enterprises including collective and foreign invested ones, their branchs, affiliates, representative offices. The individual businesses both registered or non-registered are also included only if they are operative still in a definite industry.

As for Group of Public Administrative, Partial, Association... establishments the surveyed objects include Governmental agencies, political (partial) organisations, socio-political organisations (unions), socio-professional associations, socio-religious organisations, public service organisations (educational, healthcare, cultural, social, sport, science research, technology, environmental...) and their affiliates.

The General Survey scope and objects described above had explained for it's diversity but nevertheless the unity of the survey had been kept in the definition of "Unit" and "Business activity". The distinguished feature of the "establishment"-surveyed object is that the establishment is identifined by it's address not depending on it's size or whether it is a self-accounting or dependent. This means that an establishment could be a large independent enterprise with permanent address or a small dependent shop with separate operating area. It could be a university or the university's faculty but located in another place... "Business activity" is understood according to the classification of national economic sector activities (issued under Decree Number 75/CP of the Government) that includes production and trading sector (from Activity A to Activity I, Activity L, Activity T) and administrative, public service sector (Activities K, M, N, O, P Q). With this unique understanding the General Survey collected data will reflect the situation and results of economic activities in each regional territory. The classification of economic establishments according to their type of organisation, economic sector, labor usage size, labor sex, level of IT application, performance in each province, city, district, commune, precinct provides useful information for sector development policy makers, infrastructure development planners, economic analysts and social labor issue officers. The General Survey also provides a sery of standard forms that can be used for other subsequent anual surveys.

The General Survey of economic, administrative, public service establisments will reflect comprehensively and synchronously operation results of economic establishments of various sectors (except agricultural co-operatives and in agricultural, forestal and aquatic family businesses, the survey of which was conducted in 2001). The combination of the survey and general survey of rural agriculture (that normaly takes place a year ahead) will give a comprehensive picture of the economy.

Geographic coverage

National

Analysis unit

Establishment

Universe

The size of business under 5 employees.

Coverage of survey include all establishments and units located in Vietnam, belonging to different types of economic activities (except for individual establishments of agriculture, forestry and fishery, individual establishments without having resident locations and foreign missions and international organisations).

Kind of data

Census/enumeration data [cen]

Mode of data collection

Face-to-face [f2f]

Research instrument

Contents of the census consist of 4 main groups of indicators: - Group of indicators for identification of establishment: fax, Email; Type of economic; branch and professional activities. - Group of indicators for labor and income of employee: Labor (by gender, education and training) wages and salary, compensation of employees. - Group of indicators for IT application: Number of establishments equipped with computer; number of PCs in use, number of stations connected with LAN, with Internet; number of establishments having Website, email. - Group of indicators for outputs and financial accounts: turnover, capital, assets, cost, and benefit, lost.

Data appraisal

A series of data quality tables and graphs are available to review the quality of the data and include the following: - Industry - Agriculture

Vietnam GDP: Year to Date: Service: Professional, Scientific & Tech Activities data was reported at 45,150.600 VND bn in Sep 2018. This records an increase from the previous number of 26,078.229 VND bn for Jun 2018. Vietnam GDP: Year to Date: Service: Professional, Scientific & Tech Activities data is updated quarterly, averaging 28,393.114 VND bn from Dec 2012 (Median) to Sep 2018, with 24 observations. The data reached an all-time high of 64,258.000 VND bn in Dec 2017 and a record low of 7,923.995 VND bn in Mar 2013. Vietnam GDP: Year to Date: Service: Professional, Scientific & Tech Activities data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.A006: Gross Domestic Product: By Industry: Current Price: Quarterly.

The statistic shows the distribution of employment in Vietnam by economic sector from 2013 to 2023. In 2023, 32.98 percent of the employees in Vietnam were active in the agricultural sector, 31.23 percent in industry and 35.79 percent in the service sector.

In 2022, a total of *** active enterprises were involved in revenue generation through lottery, gambling, and betting activities in Vietnam, indicating an increase from the previous year. Additionally, approximately ****** individuals were employed as payroll workers in these economic activities during that year.

In 2022, the average annual capital of active enterprises in lottery, gambling, and betting activities was approximately ***** trillion Vietnamese dong, indicating a slight decrease from the previous year. Additionally, a total of *** active enterprises were involved in revenue generation in these economic activities during that year.

Vietnam Credit: % Change Compared to Dec PY: Other Activities data was reported at 7.410 % in Jul 2018. This records a decrease from the previous number of 7.640 % for Jun 2018. Vietnam Credit: % Change Compared to Dec PY: Other Activities data is updated monthly, averaging 5.705 % from Apr 2012 (Median) to Jul 2018, with 76 observations. The data reached an all-time high of 29.860 % in Dec 2014 and a record low of -7.080 % in Feb 2017. Vietnam Credit: % Change Compared to Dec PY: Other Activities data remains active status in CEIC and is reported by State Bank of Vietnam. The data is categorized under Global Database’s Vietnam – Table VN.KA007: Credit by Economic Sector.

Vietnam GDP: Year to Date: Service: Financial, Banking & Insurance Activities data was reported at 182,958.200 VND bn in Sep 2018. This records an increase from the previous number of 90,124.992 VND bn for Jun 2018. Vietnam GDP: Year to Date: Service: Financial, Banking & Insurance Activities data is updated quarterly, averaging 106,991.496 VND bn from Dec 2012 (Median) to Sep 2018, with 24 observations. The data reached an all-time high of 273,809.000 VND bn in Dec 2017 and a record low of 26,712.565 VND bn in Mar 2013. Vietnam GDP: Year to Date: Service: Financial, Banking & Insurance Activities data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.A006: Gross Domestic Product: By Industry: Current Price: Quarterly.

Vietnam Number of Enterprise: TS: Year to Date: SS: Other Service Activities data was reported at 419.000 Unit in Mar 2025. This records an increase from the previous number of 382.000 Unit for Feb 2025. Vietnam Number of Enterprise: TS: Year to Date: SS: Other Service Activities data is updated monthly, averaging 387.000 Unit from Jan 2018 (Median) to Mar 2025, with 87 observations. The data reached an all-time high of 740.000 Unit in Dec 2023 and a record low of 126.000 Unit in Jan 2018. Vietnam Number of Enterprise: TS: Year to Date: SS: Other Service Activities data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.O034: Company Statistics. [COVID-19-IMPACT]

Vietnam GDP: Year to Date: Service: Administrative & Support Service Activities data was reported at 14,963.200 VND bn in Sep 2018. This records an increase from the previous number of 9,119.863 VND bn for Jun 2018. Vietnam GDP: Year to Date: Service: Administrative & Support Service Activities data is updated quarterly, averaging 9,711.932 VND bn from Dec 2012 (Median) to Sep 2018, with 24 observations. The data reached an all-time high of 18,729.000 VND bn in Dec 2017 and a record low of 3,373.554 VND bn in Mar 2013. Vietnam GDP: Year to Date: Service: Administrative & Support Service Activities data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.A006: Gross Domestic Product: By Industry: Current Price: Quarterly.

Vietnam GDP: Year to Date: Service: Households Activities data was reported at 6,233.100 VND bn in Sep 2018. This records an increase from the previous number of 3,940.573 VND bn for Jun 2018. Vietnam GDP: Year to Date: Service: Households Activities data is updated quarterly, averaging 3,939.287 VND bn from Dec 2012 (Median) to Sep 2018, with 24 observations. The data reached an all-time high of 8,082.000 VND bn in Dec 2017 and a record low of 1,289.710 VND bn in Mar 2013. Vietnam GDP: Year to Date: Service: Households Activities data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.A006: Gross Domestic Product: By Industry: Current Price: Quarterly.