Vietnam VN: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Within Region data was reported at 35.344 % in 2016. This records a decrease from the previous number of 38.222 % for 2015. Vietnam VN: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Within Region data is updated yearly, averaging 14.210 % from Dec 1960 (Median) to 2016, with 40 observations. The data reached an all-time high of 41.390 % in 2014 and a record low of 0.364 % in 1985. Vietnam VN: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Within Region data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Vietnam – Table VN.World Bank.WDI: Imports. Merchandise imports from low- and middle-income economies within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;

In 2020, around ** million people in Vietnam had average daily spending of ** U.S. dollars to ** U.S. dollars, while **** million of them were classified as being in the established consuming class, spending between ** U.S. dollars to ** U.S. dollars per day. By 2030, according to the forecast, there will be around *** million people living in Vietnam with a daily spending budget exceeding ** U.S. dollars.

Within the ASEAN region, Vietnam was predicted to have the highest CAGR in terms of middle income population with **** percent from 2016 to 2021. It was estimated that the middle class population in Vietnam will amount to ** million by 2030.

In 2016, around ** percent of Vietnam's population were classified as being economically secure. This was also the largest group among the population structure. Accounting for * percent of the population in the same year was the extremely poor group, which decreased from *** percent in 2010. While both the share of the middle class and economically secure population increased throughout the years, the opposite applied to the rest.

Vietnam VN: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Europe & Central Asia data was reported at 1.074 % in 2016. This records an increase from the previous number of 0.741 % for 2015. Vietnam VN: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Europe & Central Asia data is updated yearly, averaging 1.585 % from Dec 1962 (Median) to 2016, with 38 observations. The data reached an all-time high of 5.468 % in 1994 and a record low of 0.018 % in 1963. Vietnam VN: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Europe & Central Asia data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Vietnam – Table VN.World Bank.WDI: Imports. Merchandise imports from low- and middle-income economies in Europe and Central Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Europe and Central Asia region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;

Vietnam VN: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data was reported at 3.579 % in 2016. This records an increase from the previous number of 3.004 % for 2015. Vietnam VN: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data is updated yearly, averaging 0.636 % from Dec 1960 (Median) to 2016, with 40 observations. The data reached an all-time high of 3.579 % in 2016 and a record low of 0.002 % in 1981. Vietnam VN: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Vietnam – Table VN.World Bank.WDI: Imports. Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;

This study contributes to a better understanding of the role that development finance sources played in recent years. It also identifies opportunities and challenges of development finance in order to better inform Viet Nam’s future strategy orientation and policies. The findings of the study are expected to provide useful and timely information, data, analysis and valuable recommendations to support the preparation of the Socio - Economic Development Plan 2016 - 2020 and to guide the future discussions on how to translate the Global Sustainable Development Goals at the country level. This study is also expected to contribute to the on-going policy dialogues between Government of Viet Nam and its development partners in terms of development cooperation agenda in Viet Nam in the new context.

Key information about Vietnam Household Income per Capita

• Vietnam Annual Household Income per Capita reached 2,502.524 USD in Dec 2023, compared with the previous value of 2,409.689 USD in Dec 2022.
• Vietnam Annual Household Income per Capita data is updated yearly, available from Dec 1994 to Dec 2023, with an averaged value of 1,023.278 USD.
• The data reached an all-time high of 2,502.524 USD in Dec 2023 and a record low of 183.956 USD in Dec 1994.
• In the latest reports, Retail Sales of Vietnam grew 8.086 % YoY in Nov 2024.

CEIC converts Annual Household Income per Capita into USD. Annual Household Income per Capita is calculated from Monthly Average Household Income per Capita multiplied by 12. General Statistical Office provides Average Household Income per Capita in local currency. State Bank of Vietnam average market exchange rate is used for currency conversions.

According to a survey by Infocus Mekong, as of January 2024, the primary income source of income for most of the respondents in Vietnam was their salaries or business earnings. Meanwhile, approximately ** percent stated that their main source of income came from rental or real estate sales.

In a survey on Southeast Asia's affluent consumers, ** percent of affluent respondents from Vietnam stated that they used digital channels, compared to ** percent of respondents from the established middle class and ** percent of respondents from the emerging middle class. In this survey, middle-class and affluent consumers (MACs) in Vietnam were classified as households with a monthly income exceeding *** U.S. dollars.

The size of the Vietnam Home Furniture Market was valued at USD 5.37 Million in 2023 and is projected to reach USD 7.92 Million by 2032, with an expected CAGR of 5.70% during the forecast period. The Vietnam home furniture market is an emerging and rapidly growing sector, influenced by the country's strong economic performance, increasing urbanization, and rising middle-class population. This market covers a broad range of furniture products, including living room furniture, bedroom furniture, kitchen furniture, and home office furniture. Rapid urbanization is a major driver of the home furniture market in Vietnam. As more people move to cities, there is a growing need for residential properties, leading to increased demand for home furnishings to furnish new homes and apartments. The expanding middle class in Vietnam is a key factor in the growth of the home furniture market. As incomes rise, the middle class is increasingly spending on home improvements and furniture to enhance their living standards. Recent developments include: August 2023: Danish furniture brand JYSK expanded to Hanoi, Vietnam, and opened a new store in the Indochina Plaza Hanoi Residences in the capital city., October 2022: World-renowned furniture company Wendelbo opened its first Vietnamese showroom. After more than a decade of producing goods in Vietnam, Wendelbo, a high-end interior brand, opened a store, a five-story showroom in Saigon.. Key drivers for this market are: Vietnam has a young population with changing lifestyles and preferences. This demographic is more inclined towards modern, stylish, and functional furniture, driving demand for contemporary furniture designs.. Potential restraints include: Despite rising incomes, a significant portion of the population remains price-sensitive. This can limit the market for premium or high-end furniture products and may drive consumers towards more affordable, lower-quality options. Notable trends are: There is a growing demand for sustainable and eco-friendly furniture in Vietnam. Consumers are becoming more environmentally conscious and are seeking products made from sustainably sourced materials and using eco-friendly manufacturing processes..

Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) in Vietnam was reported at 25.92 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Vietnam - Merchandise exports to developing economies within region (% of total merchandise exports) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Vietnam is a country on the move and in transition. Indicators are pointing in the right direction, with many positive economic and social developments. The amount of progress that Vietnam has achieved in less than half a century since emerging from a war has been nearly without parallel. At the same time, Vietnam is a lower-middle-income country facing a challenging and uncharted road ahead to reaching upper-middle and high-income country levels in a shifting global economic and climatic landscape. In less than half a century since the end of the Vietnam War and thirty-five years since the Doi Moi reforms, Vietnam has become a vibrant economy and a sought-after market to the outside world. At the same time, despite remarkable progress, poverty remains a key concern among the population. Concerns over poverty amid high economic growth are not inconsistent; together they illustrate an absolute and inclusive rise in living standards, but also a population that seeks economic security and aspires for more. This Vietnam poverty and equity assessment is organized into two parts motivated by addressing both Last Mile and Next Mile issues: Part I reviews poverty and inequality trends over the last decade, 2010–2020; and Part II assesses opportunities for and challenges to Vietnam’s path to achieving its Next Mile aspirations and creating greater prosperity for households and workers.

Data set about mental health problems and emotional intelligence among adolescents in Vietnam

The year 2015 marks 70 years since Vietnam’s Declaration of Independence, 40 years since Reunification, and just short of 30 years from the launch of Doi Moi, which catapulted the nation from the ranks of the world’s poorest to one of its great development success stories. Critical ingredients of success have been visionary leaders, a sense of shared societal purpose, and a focus on the future. Starting in the late 1980s, these elements were fused with the embrace of markets and the global economy, setting the nation on the path to becoming the middle-income country that it is today. Its spectacular growth since then, one of the fastest in the world, has all but eliminated extreme deprivation and lifted tens of millions of people out of poverty. Looking forward to 2035, which will mark 60 years since its reunification, Vietnam now aspires to modernity, industrialization, and a higher quality of life. These aspirations and the supporting policy and institutional agenda stand on three pillars: balancing economic prosperity with environmental sustainability, promoting equity and social inclusion, and bolstering the state’s capacity and accountability. The rapid growth needed to achieve these aspirations will be sustained only if it stands on faster productivity growth and reflects the costs of environmental degradation. Productivity growth, in turn, will benefit from measures to enhance the competitiveness of domestic enterprises, scale up the benefits of urban agglomeration, and nurture a creative and innovation-led economy. Maintaining the record on equity and social inclusion will require lifting marginalized groups and delivering services to an aging and urbanizing middle-class society. And to fulfill the country’s aspirations, the institutions of governance will need to become modern, transparent, and fully rooted in the rule of law.

Vietnam VN: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Middle East & North Africa data was reported at 0.031 % in 2016. This records an increase from the previous number of 0.026 % for 2015. Vietnam VN: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Middle East & North Africa data is updated yearly, averaging 0.105 % from Dec 1960 (Median) to 2016, with 34 observations. The data reached an all-time high of 3.037 % in 1982 and a record low of 0.000 % in 1990. Vietnam VN: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Middle East & North Africa data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Vietnam – Table VN.World Bank.WDI: Imports. Merchandise imports from low- and middle-income economies in Middle East and North Africa are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Middle East and North Africa region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;

In 2023, citizens of Ho Chi Minh City and Ha Noi had the highest monthly average monthly income per capita among Vietnam's four major cities, amounting to more than *** million Vietnamese dong. People living in Da Nang had a slightly lower monthly income per capita that year, reaching an average of **** million Vietnamese dong. In that year, the monthly average income per capita of the whole country was at **** million Vietnamese dong.

Vietnam's 50 million jobs are a cornerstone of its economic success. The transformation toward services and manufacturing, and impressive labor productivity and wage growth led to plunging poverty rates and globally enviable economic growth over the last decades. Employment rates are high and unemployment rates are low by global standards. The jobs challenge is to create more high quality and inclusive jobs. Shiny foreign factories paying above the minimum wage and offering social benefits typify, at best, only 2.1 million jobs. And registered domestic firms provide no more than 6 million jobs. Meanwhile, 38 million Vietnamese jobs are in family farming, household enterprises, or uncontracted labor. These traditional jobs tend to be characterized by low productivity, low profits, meager earnings, and few worker protections. While they have been a path out of poverty, they will not provide the means to reach the middle-class status that Vietnam's citizens aspire to. Ethnic minorities, women, and unskilled workers cluster in these jobs.

The Vietnam retail market, valued at $252.90 billion in 2025, exhibits robust growth potential, projected to expand at a Compound Annual Growth Rate (CAGR) of 13.64% from 2025 to 2033. This rapid expansion is fueled by several key drivers. Rising disposable incomes among Vietnam's burgeoning middle class are significantly boosting consumer spending across various retail segments, including grocery, electronics and appliances, home and garden, and health and beauty products. The increasing adoption of e-commerce platforms and digital payment methods is further accelerating market growth, particularly in urban areas. Government initiatives promoting infrastructure development and foreign direct investment are also creating a favorable environment for retail expansion. However, the market faces challenges such as intense competition among both domestic and international players, logistical hurdles in reaching remote areas, and the evolving needs of a digitally-savvy consumer base. The market segmentation reveals a strong presence of both offline and online distribution channels, with a diverse range of product categories contributing to the overall market value. Key players like 7-Eleven, AEON, and Berli Jucker are strategically positioning themselves to capitalize on the growth opportunities, leveraging both omnichannel strategies and strong brand recognition to maintain market share. The competitive landscape is dynamic, with companies employing various strategies to gain market dominance. These include aggressive expansion of store networks, strategic partnerships, and investments in technology to enhance customer experience and supply chain efficiency. Understanding the nuances of different consumer segments, particularly the preferences of younger demographics, is crucial for success. The ongoing development of modern retail infrastructure and the government's focus on improving logistics will play a significant role in shaping the future of the Vietnamese retail sector. Risks include economic volatility, fluctuating consumer confidence, and the potential for disruptions to global supply chains. Despite these challenges, the long-term outlook for the Vietnam retail market remains positive, driven by continued economic growth, rising consumer spending, and the ongoing digital transformation of the retail sector.

Vietnam VN: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: East Asia & Pacific data was reported at 23.802 % in 2016. This records an increase from the previous number of 19.776 % for 2015. Vietnam VN: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: East Asia & Pacific data is updated yearly, averaging 18.235 % from Dec 1960 (Median) to 2016, with 42 observations. The data reached an all-time high of 66.985 % in 1971 and a record low of 1.132 % in 1986. Vietnam VN: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: East Asia & Pacific data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Vietnam – Table VN.World Bank.WDI: Exports. Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;