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SURVEY

Industrial Zones

Since its implementation of the open door policy in 1986, the government of Vietnam has been encouraging foreign investment by creating a favorable legal environment (Foreign Investment Law 1988) and infrastructure. The country’s first export processing zone came out in 1991. Since then, a series of industrial, export processing, hi-tech and economical zones have been established along with the increase in foreign investment.

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Transport

Geographic location and territorial shape of Vietnam has profound impact on the formation and development of the country’s transport and communication system. Beside certain advantages, its current infrastructure is rather limited, which requires proper investment.

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Information Technology

 

Post

 
The public post network is set up, managed and developed under the strategy, scheme and plan approved by the authorized State agency. The network includes major centers, post-offices, service outlets, and public post-boxes connected with each other through mail lines. Statistics show that currently Vietnam has about 3,000 permanent post units managed by post staff, about 19,000 others managed by people outside the sector and nearly 200 mobile post-offices. Post network is available throughout all communes nation-wide. Letter delivery takes place twice a day in urban areas and 7 times/week in rural areas on average. More than 42,000 staff are working in the sector.

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Electricity

Vietnam’s electricity system develops in the direction of exploiting specific resources typical in each region. With hydroelectricity available across the country, it has supplied the greatest amount of electricity since the end of the 1980s. Thermal electricity use coal to supply the North with coverage capacity. Thermal power plants using offshore gas have been built in the South since the end of the 1990s and have gradually become an important and stable source of power supply.

 

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Finance-Banking-Insurance

 Finance - Banking

Vietnam banking system has been increased both in scale and quantity over the last few years. The number of banks has increased from 9 (including 4 state commercial banks, 4 joint stock commercial banks and one joint-venture bank) in 1991 to 80 (including 5 state commercial banks, 37 joint stock commercial banks, 33 foreign bank branches, and 5 joint-venture banks) in 2007. Average growth rate in credit and bank deposits reaches 35% from 2002 to 2007. Total assets of the bank system in 2007 stood at 1,500 billion dong (equivalent to 95 billion USD or more than 130% GDP).

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Partners

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