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.

In 2023, the manufacturing sector accounted for approximately ***** percent of the total gross domestic product (GDP) of Vietnam, thereby achieving the highest contribution across all sectors. The agriculture, forestry, and fishery sectors accounted for the second-largest GDP contribution, making up around ***** percent share of the country's total GDP. This was followed by the wholesale and retail trade, vehicles, and motorcycle repairs sector.

In 2023, the industry and construction sector had a real GDP growth of *** percent, indicating a dramatically lower growth rate than the previous years. The sector contributed **** percent of the total GDP in the country that year.

AMI: NM: Services data was reported at 8,542.000 VND th in Dec 2023. This records an increase from the previous number of 8,318.000 VND th for Sep 2023. AMI: NM: Services data is updated quarterly, averaging 5,659.500 VND th from Mar 2011 (Median) to Dec 2023, with 52 observations. The data reached an all-time high of 8,542.000 VND th in Dec 2023 and a record low of 3,035.000 VND th in Mar 2011. AMI: NM: Services data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G056: Average Monthly Income: Wage Workers: By Industrial Sector: By Provinces: 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.

AMI: RR: Male: Agriculture, Forestry & Fishery data was reported at 7,051.000 VND th in Dec 2023. This records an increase from the previous number of 6,295.000 VND th for Sep 2023. AMI: RR: Male: Agriculture, Forestry & Fishery data is updated quarterly, averaging 4,184.500 VND th from Mar 2011 (Median) to Dec 2023, with 52 observations. The data reached an all-time high of 7,051.000 VND th in Dec 2023 and a record low of 2,084.400 VND th in Mar 2011. AMI: RR: Male: Agriculture, Forestry & Fishery data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G056: Average Monthly Income: Wage Workers: By Industrial Sector: By Provinces: Quarterly.

Vietnam VN: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data was reported at 15.278 % in 2017. This records an increase from the previous number of 14.266 % for 2016. Vietnam VN: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 16.485 % from Dec 1985 (Median) to 2017, with 33 observations. The data reached an all-time high of 22.371 % in 1986 and a record low of 12.256 % in 1990. Vietnam VN: GDP: % of GDP: Gross Value Added: Industry: Manufacturing 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: Gross Domestic Product: Share of GDP. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

Techsalerator’s Business Funding Data for Vietnam

Techsalerator’s Business Funding Data for Vietnam provides a comprehensive and insightful collection of information essential for businesses, investors, and financial analysts. This dataset offers an in-depth analysis of the funding activities of companies across various sectors in Vietnam, capturing and categorizing data related to their funding rounds, investment sources, and financial milestones.

If you need the full dataset, reach out to us at info@techsalerator.com or https://www.techsalerator.com/contact-us.

Techsalerator’s Business Funding Data for Vietnam

Techsalerator’s Business Funding Data for Vietnam offers a detailed and insightful overview of crucial information for businesses, investors, and financial analysts. This dataset provides an in-depth examination of funding activities across various sectors in Vietnam, detailing data related to funding rounds, investment sources, and key financial milestones.

Top 5 Key Data Fields

Company Name: Identifies the company receiving funding. This information helps investors identify potential opportunities and allows analysts to monitor funding trends within specific industries.

Funding Amount: Shows the total amount of funding a company has received. Understanding these amounts reveals insights into the financial health and growth potential of businesses and the scale of investment activities.

Funding Round: Indicates the stage of funding, such as seed, Series A, Series B, or later stages. This helps investors assess a business’s maturity and growth trajectory.

Investor Name: Provides details about the investors or investment firms involved. Knowing the investors helps gauge the credibility of the funding source and their strategic interests.

Investment Date: Records when the funding was completed. The timing of investments can reflect market trends, investor confidence, and potential impacts on a company’s future.

Top 5 Funding Trends in Vietnam

Technology and Innovation: Significant investments are being made in the tech sector, especially in fintech, e-commerce, and artificial intelligence, as Vietnam continues to build its reputation as a Southeast Asian tech hub.

Agriculture and Agritech: With agriculture playing a significant role in Vietnam’s economy, funding is increasingly directed toward agritech innovations aimed at improving sustainability, efficiency, and productivity.

Renewable Energy: Investments in renewable energy, particularly solar and wind, are rising, reflecting the country’s commitment to sustainable development and reducing carbon emissions.

Healthcare and Healthtech: The healthcare sector is receiving growing investment, with a focus on digital health platforms, medical technologies, and improving healthcare infrastructure.

Education and E-learning: With the rise of digital learning platforms, significant funding is being directed toward online education and vocational training to enhance skills and meet the growing demand for quality education.

Top 5 Companies with Notable Funding Data in Vietnam

VNG Corporation: A leading technology company in Vietnam, VNG has attracted significant funding for expanding its services in gaming, fintech, and digital content.

Momo: One of Vietnam’s largest e-wallet and fintech platforms, Momo has secured funding to enhance its financial services and expand its reach across the country.

Tiki Corporation: A major player in Vietnam’s e-commerce market, Tiki has received substantial funding to grow its logistics network, improve customer service, and develop new digital services.

VinGroup: As one of Vietnam’s largest conglomerates, VinGroup has attracted significant investment in its various businesses, including real estate, healthcare, and automotive.

FPT Corporation: A leading IT and telecommunications company, FPT has secured funding to further develop its digital transformation services and expand its global presence.

Accessing Techsalerator’s Business Funding Data

To obtain Techsalerator’s Business Funding Data for Vietnam, contact info@techsalerator.com with your specific needs. Techsalerator will provide a customized quote based on the required data fields and records, with delivery available within 24 hours. Ongoing access options can also be discussed.

Included Data Fields

Company Name Funding Amount Funding Round Investor Name Investment Date Funding Type (Equity, Debt, Grants, etc.) Sector Focus Deal Structure Investment Stage Contact Information

For detailed insights into funding activities and financial trends in Vietnam, Techsalerator’s dataset is an invaluable resource for investors, business analysts, and financial professionals seeking informed, strategic decisions.

In 2024, around **** million people worked in the agriculture, forestry, and fishing sector in Vietnam, making this sector the largest employer among all industries. By comparison, the manufacturing industry employed approximately **** million people, making it the second-highest employed population that year. Employment shift: from agriculture to non-agriculture sectors Although agriculture was still the sector employing the most people in Vietnam, the workforce in this sector has been shrinking fast across the last decade. At the same time, other sectors that are the main driving forces behind the reformed Vietnamese economy have been benefiting from this employment trend. For instance, the manufacturing sector’s share of total employment has been growing in recent years, reaching close to ** percent in 2023, compared to under ** percent at the beginning of the decade. Vietnam’s export-oriented economy Since its economic reform at the end of the 1980s, Vietnam has positioned itself as an export-oriented economy. This has come hand in hand with the mentioned employment shift, as the manufacturing sector has been responsible for the majority of the country’s most important export commodities, such as mobile phones, electronics, and textiles. On the other hand, coming from an economy previously highly dependent on agriculture, products from this sector, namely timber and aquaculture products, have also contributed to Vietnam’s export income.

In 2020, the revenue of electricity production and distribution grew by around ***** percent compared to the previous year in Vietnam, the highest growth among all industry sub-sectors. Meanwhile, due to the impact of the COVID-19 pandemic, all other sub-sectors of industry recorded decreases in revenue that year. By comparison, all sub-sectors experienced significant growth in 2019.

Vietnam AMI: SE: Ho Chi Minh City: Male: Industry & Construction data was reported at 9,557.000 VND th in Dec 2023. This records a decrease from the previous number of 9,589.000 VND th for Sep 2023. Vietnam AMI: SE: Ho Chi Minh City: Male: Industry & Construction data is updated quarterly, averaging 6,928.500 VND th from Mar 2011 (Median) to Dec 2023, with 52 observations. The data reached an all-time high of 9,589.000 VND th in Sep 2023 and a record low of 3,931.500 VND th in Jun 2011. Vietnam AMI: SE: Ho Chi Minh City: Male: Industry & Construction data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G056: Average Monthly Income: Wage Workers: By Industrial Sector: By Provinces: Quarterly.

In 2023, Vietnam's industry and construction sector contributed nearly **** quadrillion Vietnamese dong to the country's gross domestic product (GDP). The GDP value of this sector had been increasing steadily year-on-year within the observed period. The industry and construction sector is the second-largest contributor to Vietnam's GDP, just after the services industry.

AWHW: SE: HCMC: Male: Agriculture, Forestry & Fishery data was reported at 41.200 Hour in Dec 2023. This records a decrease from the previous number of 44.000 Hour for Sep 2023. AWHW: SE: HCMC: Male: Agriculture, Forestry & Fishery data is updated quarterly, averaging 41.250 Hour from Mar 2011 (Median) to Dec 2023, with 52 observations. The data reached an all-time high of 49.400 Hour in Mar 2011 and a record low of 15.600 Hour in Mar 2019. AWHW: SE: HCMC: Male: Agriculture, Forestry & Fishery data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G067: Average Weekly Hours Worked: By Industrial Sector: By Provinces: Quarterly.

Vietnam GDP: By Ownership: Foreign Investment Sector data was reported at 837,093.000 VND bn in 2016. This records an increase from the previous number of 757,550.000 VND bn for 2015. Vietnam GDP: By Ownership: Foreign Investment Sector data is updated yearly, averaging 138,570.000 VND bn from Dec 1994 (Median) to 2016, with 23 observations. The data reached an all-time high of 837,093.000 VND bn in 2016 and a record low of 11,441.000 VND bn in 1994. Vietnam GDP: By Ownership: Foreign Investment Sector data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.A016: Gross Domestic Product: By Ownership.

AMI: Northern Midlands & Mountains (NM): Agri, Forestry & Fishery data was reported at 4,736.000 VND th in Dec 2023. This records an increase from the previous number of 4,220.000 VND th for Sep 2023. AMI: Northern Midlands & Mountains (NM): Agri, Forestry & Fishery data is updated quarterly, averaging 3,254.500 VND th from Mar 2011 (Median) to Dec 2023, with 52 observations. The data reached an all-time high of 4,736.000 VND th in Dec 2023 and a record low of 1,536.400 VND th in Mar 2011. AMI: Northern Midlands & Mountains (NM): Agri, Forestry & Fishery data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G056: Average Monthly Income: Wage Workers: By Industrial Sector: By Provinces: Quarterly.

In 2023, the industry and construction sectors accounted for ***** percent of the gross domestic product (GDP) of Vietnam, indicating a decrease from the previous year. This sector is the second-largest GDP contributor in the country, after the services sector.

In 2023, Vietnam's manufacturing sector accounted for ***** percent of the country's total GDP, reaching a value of over *** quadrillion Vietnamese dong (VND). In that year, Vietnam's GDP totaled approximately **** quadrillion VND. Manufacturing sector in Vietnam The production index of the manufacturing sector has steadily increased in the last years together with the share of employed people. In recent years, this sector has been among the sectors with the highest number of employed people in Vietnam. The country also recorded a growing number of newly established businesses for manufacturing. In 2022, the sector benefitted from investments at just over *** trillion Vietnamese dong. Overall, the industry sector contributes the largest share to the country’s GDP. Vietnam’s economic development Vietnam is a developing country in Southeast Asia. Since its economic reform in 1986, it has become one of the fastest growing economies by more than doubling its GDP from 2010 to 2018. The GDP per capita increased by *** times while poverty rates declined. With high foreign investment inflows and productivity growth, the country belongs to the so-called Tiger cubs.

AWHW: SE: Female: Agriculture, Forestry and Fishery data was reported at 36.800 Hour in Dec 2023. This records an increase from the previous number of 36.400 Hour for Sep 2023. AWHW: SE: Female: Agriculture, Forestry and Fishery data is updated quarterly, averaging 38.150 Hour from Mar 2011 (Median) to Dec 2023, with 52 observations. The data reached an all-time high of 41.700 Hour in Dec 2011 and a record low of 29.300 Hour in Sep 2021. AWHW: SE: Female: Agriculture, Forestry and Fishery data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G067: Average Weekly Hours Worked: By Industrial Sector: By Provinces: Quarterly.

Vietnam AMI: SE: Male: Industry and Construction data was reported at 9,541.000 VND th in Dec 2023. This records an increase from the previous number of 9,401.000 VND th for Sep 2023. Vietnam AMI: SE: Male: Industry and Construction data is updated quarterly, averaging 6,591.500 VND th from Mar 2011 (Median) to Dec 2023, with 52 observations. The data reached an all-time high of 9,541.000 VND th in Dec 2023 and a record low of 3,324.900 VND th in Jun 2011. Vietnam AMI: SE: Male: Industry and Construction data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G056: Average Monthly Income: Wage Workers: By Industrial Sector: By Provinces: Quarterly.

Vietnam AMI: NM: Industry & Construction data was reported at 7,211.000 VND th in Dec 2023. This records an increase from the previous number of 7,011.000 VND th for Sep 2023. Vietnam AMI: NM: Industry & Construction data is updated quarterly, averaging 4,740.500 VND th from Mar 2011 (Median) to Dec 2023, with 52 observations. The data reached an all-time high of 7,211.000 VND th in Dec 2023 and a record low of 2,580.800 VND th in Mar 2011. Vietnam AMI: NM: Industry & Construction data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G056: Average Monthly Income: Wage Workers: By Industrial Sector: By Provinces: Quarterly.