Flag of Vietnam

Vietnam

CapitalHanoi
Language(s)Learn
Vietnamese
Territory331,212 km² (127,881.6 mi²)
CurrencyVietnamese Đồng (VND)Convert
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Population

101,598,527 (2025)

Average Monthly Net Salary (USD)

545

Average Mortgage Rate

10.20%

Annual GDP (USD)

514,697,215,165 (2025)

National Debt (USD)

158,110,000,000 (2025)

Unemployment Rate

1.52% (2025)

Armed Forces (active & reserve)

5,482,000

Military Expenditure (% GDP)

1.81% (2018)

Fertility Rate

1.90 (2024)

Life Expectancy at birth

74.7 years (2024)

Population Growth

0.60% (2025)

Net Migration

-48,171 (2025)

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Notable Facts

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The Socialist Republic of Vietnam is country located on the eastern edge of the Indochinese Peninsula in Southeast Asia. It shares land borders with China to the north, and Laos and Cambodia to the west, while its eastern and southern boundaries are defined by the South China Sea. The country’s geography is characterized by a diverse mix of highlands and tropical lowlands. Hills and densely forested mountains cover about three-quarters of the total territory, with the highest peak being Fansipan in the Hoang Lien Son range. The most fertile and densely populated areas are the Red River Delta in the north and the Mekong Delta in the south, which are connected by a long, narrow coastal strip.

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The political system of Vietnam is a single-party socialist republic. The Communist Party of Vietnam (CPV) holds a central role in the state and society, as outlined in the national constitution. The government is organized into four main pillars of power: the General Secretary of the CPV, the President (Head of State), the Prime Minister (Head of Government), and the Chairperson of the National Assembly. The National Assembly is the supreme representative body and the only organization with legislative powers. While the CPV provides the overall policy direction, the administrative execution is handled by the government cabinet, which oversees the country’s 58 provinces and five centrally controlled municipalities.

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Vietnam’s modern history is defined by its long struggle for independence and unification. Following nearly a century of French colonial rule, the country was divided into North and South Vietnam in 1954 after the Battle of Dien Bien Phu. This division led to two decades of conflict involving significant international intervention. The war concluded on April 30, 1975, with the fall of Saigon, leading to the formal reunification of the country as the Socialist Republic of Vietnam in 1976. Since then, the nation has transitioned from a centrally planned economy to a "socialist-oriented market economy" through a series of reforms known as "Doi Moi," initiated in 1986.

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