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SURVEY

Southeast

 General information

- Geographic location: The Southeast is situated in the Northeast of the South, bounded by Cambodia to the Northwest, by South China sea to the south, by Cambodia and Mekong delta to the west and Southwest, by Central Highlands and South Central Coast to the east and Southeast.
- Area: 235,000 km2 (7.2% national area).
- Topographic features: The Southeast has flat topographic feature.
- Administrative units: Include Hồ Chí Minh city and provinces of: Tây Ninh, Bình Phước, Bình Dương, Đồng Nai, Bà Rịa – Vũng Tàu .
- Population: 11,050,000 (13.9% of the national population).

Regional advantages

- Location advantages: The region is linked with Cambodia, Thailand, Malaysia in the West (Western gate) by Tran Asia highway; with other countries in the East (Eastern gate) by seaports in Sài Gòn, Bà Rịa – Vũng Tàu, Thị Vải. The eastern and western gates are connected to form an east – west economic corridor with intensive economic activities and attract national and international investment.

-Transportation advantages: There are important national and international systems of roadway, railway, seaway and airway. They are Tân Sơn Nhất international airport (and Long Thành, Đồng Nai international airport in future), Sài Gòn port, Vũng Tàu – Thị Vải port, trans Asia roadway to Cambodia, North–South railway, national roadway No.1A,51,13,14 to Central Highland. The advantaged geographic location makes it convenient for the area to develop economic cooperation with provinces in Central Highlands and South Central Coast.

- Mineral resources: The region has important national natural resources of offshore oil and gases in Bà Rịa - Vũng Tàu; The region’s oil reserves accounted for 93.3% of the national ones; the gases accounted for 16.2% of the national ones. Oil and gas are important goods for export and also play a crucial part in the country’s development of oil refinery and energy industry in the future. Therefore, more investment will be mobilized in making full use of these strategic resources of the region.

- Human resource advantages: The region has a abundant labour force with high level of literacy and experience can quickly apply new technology in production. The labour force is highly selected with skilled labourers in locality and from surrounding areas. The human resource advantage is one of the reasons to attract national and international investors to the region. The industry development is at a quite high level of specialization.

Current economic situation

- Economic growth rate: Southeast area lead the nation in economic development with growth rate 1,5-2,5 times higher than that of the nation. In period 1996-2002, the growth rate was 11.6%, equivalent to 1.66 times of the nation. In general, the region accounted for one third of the national GDP; one third of national capital investment; two third of national export revenue. In 2002, the region contributed 34.5% GDP in general, 49.5% industry GDP, 31.5% service GDP, 49% national budget revenue and 60% national export revenue. In 2003, social investment in the region was 70,000 billion VND; export value was 13 billion USD; contributed 90,000 billion VND to national budget, attracted over 2 billion USD of foreign direct investment (FDI) and created more than 390,000 new jobs (in compared to the total national ones: 217.000 billion VND social investment, 20 billion USD export, 138,000 billion VND in budget, 3 billion USD of FDI and 1.52 million new jobs)

- Economic structure has been changed in a positive way with increase in industrialization and export: in compared to 1995, the industry - construction increased from 46.2% to 55%; agriculture reduced from 11.3% to 7%.

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