vietnam rwc Flashcards

1
Q

what is the current world demand for vietnam’s exports

A
  • generally less than expected by world and china
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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
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3
Q

what is Vietnams GDP growth

A

~8% annual from 2022

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4
Q

what is vietnam’s inflation

A

3.16% in 2022, a rise from 2021

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5
Q

what trading bloc is vietnam in

A

AFTA (ASEAN (Association of South East Asian Nations) Free Trade Area)

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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

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