vietnam rwc Flashcards
1
Q
what is the current world demand for vietnam’s exports
A
- generally less than expected by world and china
2
Q
what is Vietnam’s specialisation/export stats
A
- specialises in the production of electric goods
- produces 60% of all Samsung’s bobble phones, with an export value of 1.8% of the he total export value of electronics globally
- rose from 47th globally in 2001 to 10th in 2020 in producing electric goods
3
Q
what is Vietnams GDP growth
A
~8% annual from 2022
4
Q
what is vietnam’s inflation
A
3.16% in 2022, a rise from 2021
5
Q
what trading bloc is vietnam in
A
AFTA (ASEAN (Association of South East Asian Nations) Free Trade Area)
6
Q
what is the role of Samsung in Vietnam
A
Samsung supplies between 33-50% of all Vietnam’s FDI as a manufacturing hub