The 2008 CIA World Factbook

Chapter 183

Chapter 1833,720 wordsPublic domain

Independence Day, 2 September (1945)

Constitution:

15 April 1992

Legal system:

based on communist legal theory and French civil law system; has not accepted compulsory ICJ jurisdiction

Suffrage:

18 years of age; universal

Executive branch:

chief of state: President Nguyen Minh TRIET (since 27 June 2006); Vice President Nguyen Thi DOAN (since 25 July 2007) head of government: Prime Minister Nguyen Tan DUNG (since 27 June 2006); Permanent Deputy Prime Minister Nguyen Sinh HUNG (since 28 June 2006), Deputy Prime Minister Hoang Trung HAI (since 2 August 2007), Deputy Prime Minister Nguyen Thien NHAN (since 2 August 2007), Deputy Prime Minister Pham Gia KHIEM (since 28 June 2006), and Deputy Prime Minister Truong Vinh TRONG (since 28 June 2006) cabinet: Cabinet appointed by president based on proposal of prime minister and confirmed by National Assembly elections: president elected by the National Assembly from among its members for five-year term; last held 27 June 2006 (next to be held in 2011); prime minister appointed by the president from among the members of the National Assembly; deputy prime ministers appointed by the prime minister; appointment of prime minister and deputy prime ministers confirmed by National Assembly election results: Nguyen Minh TRIET elected president; percent of National Assembly vote - 94%; Nguyen Tan DUNG elected prime minister; percent of National Assembly vote - 92%

Legislative branch:

unicameral National Assembly or Quoc Hoi (500 seats; members elected by popular vote to serve five-year terms) elections: last held 20 May 2007 (next to be held in May 2012) election results: percent of vote by party - NA; seats by party - CPV 450, non-party CPV-approved 42, self-nominated 1; note - 493 candidates were elected; CPV and non-party CPV-approved delegates were members of the Vietnamese Fatherland Front

Judicial branch:

Supreme People's Court (chief justice is elected for a five-year term by the National Assembly on the recommendation of the president)

Political parties and leaders:

Communist Party of Vietnam or CPV [Nong Duc MANH]; other parties proscribed

Political pressure groups and leaders:

8406 Bloc; Democratic Party of Vietnam or DPV; People's Democratic Party Vietnam or PDP-VN; Alliance for Democracy note: these groups advocate democracy but are not recognized by the government

International organization participation:

ADB, APEC, APT, ARF, ASEAN, CP, EAS, FAO, G-77, IAEA, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, MIGA, NAM, OIF, OPCW, UN, UN Security Council (temporary), UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO

Diplomatic representation in the US:

chief of mission: Ambassador Le Cong PHUNG chancery: 1233 20th Street NW, Suite 400, Washington, DC 20036 telephone: [1] (202) 861-0737 FAX: [1] (202) 861-0917 consulate(s) general: San Francisco

Diplomatic representation from the US:

chief of mission: Ambassador Michael W. MICHALAK embassy: 7 Lang Ha Street, Ba Dinh District, Hanoi mailing address: PSC 461, Box 400, FPO AP 96521-0002 telephone: [84] (4) 3850-5000 FAX: [84] (4) 3850-5010 consulate(s) general: Ho Chi Minh City

Flag description:

red field with a large yellow five-pointed star in the center

Economy Vietnam

Economy - overview:

Vietnam is a densely-populated developing country that in the last 30 years has had to recover from the ravages of war, the loss of financial support from the old Soviet Bloc, and the rigidities of a centrally-planned economy. Economic stagnation marked the period after reunification from 1975 to 1985. In 1986, the Sixth Party Congress approved a broad economic reform package that introduced market reforms and set the groundwork for Vietnam's improved investment climate. Substantial progress was achieved from 1986 to 1997 in moving forward from an extremely low level of development and significantly reducing poverty. The 1997 Asian financial crisis highlighted the problems in the Vietnamese economy and temporarily allowed opponents of reform to slow progress toward a market-oriented economy. GDP growth averaged 6.8% per year from 1997 to 2004 even against the background of the Asian financial crisis and a global recession. Since 2001, Vietnamese authorities have reaffirmed their commitment to economic liberalization and international integration. They have moved to implement the structural reforms needed to modernize the economy and to produce more competitive, export-driven industries. The economy grew 8.5% in 2007. Vietnam's membership in the ASEAN Free Trade Area (AFTA) and entry into force of the US-Vietnam Bilateral Trade Agreement in December 2001 have led to even more rapid changes in Vietnam's trade and economic regime. Vietnam's exports to the US increased 900% from 2001 to 2007. Vietnam joined the WTO in January 2007, following over a decade long negotiation process. WTO membership has provided Vietnam an anchor to the global market and reinforced the domestic economic reform process. Among other benefits, accession allows Vietnam to take advantage of the phase-out of the Agreement on Textiles and Clothing, which eliminated quotas on textiles and clothing for WTO partners on 1 January 2005. Agriculture's share of economic output has continued to shrink, from about 25% in 2000 to less than 20% in 2007. Deep poverty, defined as a percent of the population living under $1 per day, has declined significantly and is now smaller than that of China, India, and the Philippines. Vietnam is working to create jobs to meet the challenge of a labor force that is growing by more than one-and-a-half million people every year. In an effort to stem high inflation which took off in 2007, early in 2008 Vietnamese authorities began to raise benchmark interest rates and reserve requirements. Hanoi is targeting an economic growth rate of 7.5-8% during the next four years.

GDP (purchasing power parity):

$221.1 billion (2007 est.)

GDP (official exchange rate):

$70.02 billion (2007 est.)

GDP - real growth rate:

8.5% (2007 est.)

GDP - per capita (PPP):

$2,600 (2007 est.)

GDP - composition by sector:

agriculture: 19.5% industry: 42.3% services: 38.2% (2007 est.)

Labor force:

46.42 million (2007 est.)

Labor force - by occupation:

agriculture: 55.6% industry: 18.9% services: 25.5% (July 2005)

Unemployment rate:

4.3% (2007 est.)

Population below poverty line:

14.8% (2007 est.)

Household income or consumption by percentage share:

lowest 10%: 2.9% highest 10%: 28.9% (2004)

Distribution of family income - Gini index:

37 (2004)

Investment (gross fixed):

37.1% of GDP (2007 est.)

Budget:

revenues: $18.62 billion expenditures: $19.71 billion (2007 est.)

Fiscal year:

calendar year

Public debt:

42% of GDP (2007 est.)

Inflation rate (consumer prices):

8.3% (2007 est.)

Central bank discount rate:

6.5% (31 December 2007)

Commercial bank prime lending rate:

11.18% (31 December 2007)

Stock of money:

$27.15 billion (31 December 2007)

Stock of quasi money:

$51.08 billion (31 December 2007)

Stock of domestic credit:

$68.63 billion (31 December 2007)

Agriculture - products:

paddy rice, coffee, rubber, cotton, tea, pepper, soybeans, cashews, sugar cane, peanuts, bananas; poultry; fish, seafood

Industries:

food processing, garments, shoes, machine-building; mining, coal, steel; cement, chemical fertilizer, glass, tires, oil, paper

Industrial production growth rate:

10.6% (2007 est.)

Electricity - production:

61.02 billion kWh (2007 est.)

Electricity - consumption:

48.08 billion kWh (2006 est.)

Electricity - exports:

0 kWh (2007 est.)

Electricity - imports:

0 kWh (2007 est.)

Electricity - production by source:

fossil fuel: 43.7% hydro: 56.3% nuclear: 0% other: 0% (2001)

Oil - production:

350,700 bbl/day (2007 est.)

Oil - consumption:

271,100 bbl/day (2007 est.)

Oil - exports:

394,400 bbl/day (2005)

Oil - imports:

271,100 bbl/day (2007)

Oil - proved reserves:

600 million bbl (1 January 2008 est.)

Natural gas - production:

6.86 billion cu m (2007 est.)

Natural gas - consumption:

6.86 billion cu m (2007 est.)

Natural gas - exports:

0 cu m (2007 est.)

Natural gas - imports:

0 cu m (2007 est.)

Natural gas - proved reserves:

192.5 billion cu m (1 January 2008 est.)

Current account balance:

-$6.993 billion (2007 est.)

Exports:

$48.56 billion f.o.b. (2007 est.)

Exports - commodities:

crude oil, marine products, rice, coffee, rubber, tea, garments, shoes

Exports - partners:

US 20.8%, Japan 12.5%, Australia 7.3%, China 6.9%, Singapore 4.5% (2007)

Imports:

$58.92 billion f.o.b. (2007 est.)

Imports - commodities:

machinery and equipment, petroleum products, fertilizer, steel products, raw cotton, grain, cement, motorcycles

Imports - partners:

China 19.9%, Singapore 12.1%, Taiwan 11%, Japan 9.9%, South Korea 8.5%, Thailand 6% (2007)

Economic aid - recipient:

$5.4 billion in credits and grants pledged by the 2007 Consultative Group meeting in Hanoi (2007)

Reserves of foreign exchange and gold:

$23.87 billion (31 December 2007 est.)

Debt - external:

$21.83 billion (31 December 2007 est.)

Stock of direct foreign investment - at home:

$32.74 billion (2007 est.)

Stock of direct foreign investment - abroad:

$NA

Market value of publicly traded shares:

$NA

Currency (code):

dong (VND)

Currency code:

VND

Exchange rates:

dong (VND) per US dollar - 16,119 (2007), 15,983 (2006), 15,746 (2005), NA (2004), 15,510 (2003)

Communications Vietnam

Telephones - main lines in use:

10.8 million (2007)

Telephones - mobile cellular:

33.2 million (2007)

Telephone system:

general assessment: Vietnam is putting considerable effort into modernization and expansion of its telecommunication system, but its performance continues to lag behind that of its more modern neighbors domestic: all provincial exchanges are digitalized and connected to Hanoi, Da Nang, and Ho Chi Minh City by fiber-optic cable or microwave radio relay networks; main lines have been substantially increased, and the use of mobile telephones is growing rapidly international: country code - 84; a landing point for the SEA-ME-WE-3, the C2C, and Thailand-Vietnam-Hong Kong submarine cable systems; the Asia-America Gateway submarine cable system, scheduled for completion by the end of 2008, will provide new access links to Asia and the US; satellite earth stations - 2 Intersputnik (Indian Ocean region)

Radio broadcast stations:

AM 65, FM 7, shortwave 29 (1999)

Radios:

8.2 million (1997)

Television broadcast stations:

67 (includes 61 relay, provincial, and city TV stations) (2006)

Televisions:

3.57 million (1997)

Internet country code:

.vn

Internet hosts:

84,151 (2008)

Internet Service Providers (ISPs):

5 (2000)

Internet users:

17.87 million (2007)

Transportation Vietnam

Airports:

44 (2007)

Airports - with paved runways:

total: 37 over 3,047 m: 9 2,438 to 3,047 m: 5 1,524 to 2,437 m: 13 914 to 1,523 m: 10 (2007)

Airports - with unpaved runways:

total: 7 1,524 to 2,437 m: 1 914 to 1,523 m: 3 under 914 m: 3 (2007)

Heliports:

1 (2007)

Pipelines:

condensate/gas 432 km; gas 510 km; oil 49 km; refined products 206 km (2007)

Railways:

total: 2,600 km standard gauge: 178 km 1.435-m gauge narrow gauge: 2,169 km 1.000-m gauge dual gauge: 253 km three-rail track combining 1.435 m and 1.000-m gauges (2006)

Roadways:

total: 222,179 km paved: 42,167 km unpaved: 180,012 km (2004)

Waterways:

17,702 km (5,000 km navigable by vessels up to 1.8 m draft) (2005)

Merchant marine:

total: 387 by type: barge carrier 1, bulk carrier 36, cargo 280, chemical tanker 12, container 14, liquefied gas 6, passenger 1, passenger/cargo 1, petroleum tanker 32, refrigerated cargo 2, roll on/roll off 1, specialized tanker 1 foreign-owned: 2 (Hong Kong 1, Japan 1) registered in other countries: 64 (Honduras 1, Liberia 4, Mongolia 23, Panama 30, Tuvalu 5, unknown 1) (2008)

Ports and terminals:

Da Nang, Hai Phong, Ho Chi Minh City

Transportation - note:

the International Maritime Bureau reports the territorial and offshore waters in the South China Sea as high risk for piracy and armed robbery against ships; numerous commercial vessels have been attacked and hijacked both at anchor and while underway; hijacked vessels are often disguised and cargo diverted to ports in East Asia; crews have been murdered or cast adrift

Military Vietnam

Military branches:

People's Armed Forces: People's Army of Vietnam (PAVN) (includes People's Navy Command (with naval infantry, coast guard), Air and Air Defense Force (Kon Quan Nhan Dan), Border Defense Command), People's Public Security Forces, Militia Force, Self-Defense Forces (2005)

Military service age and obligation:

18 years of age (male) for compulsory military service; females may volunteer for active duty military service; conscript service obligation - 2 years (3 to 4 years in the navy); 18-45 years of age (male) or 18-40 years of age (female) for Militia Force or Self Defense Forces (2006)

Manpower available for military service:

males age 16-49: 24,586,328 females age 16-49: 24,335,132 (2008 est.)

Manpower fit for military service:

males age 16-49: 18,849,274 females age 16-49: 20,575,884 (2008 est.)

Manpower reaching militarily significant age annually:

male: 903,734 female: 845,306 (2008 est.)

Military expenditures:

2.5% of GDP (2005 est.)

Transnational Issues Vietnam

Disputes - international:

southeast Asian states have enhanced border surveillance to check the spread of avian flu; Cambodia and Laos protest Vietnamese squatters and armed encroachments along border; an estimated 300,000 Vietnamese refugees reside in China; establishment of a maritime boundary with Cambodia is hampered by unresolved dispute over the sovereignty of offshore islands; demarcation of the China-Vietnam boundary proceeds slowly and although the maritime boundary delimitation and fisheries agreements were ratified in June 2004, implementation has been delayed; China occupies the Paracel Islands also claimed by Vietnam and Taiwan; involved in complex dispute with China, Malaysia, Philippines, Taiwan, and possibly Brunei over the Spratly Islands; the 2002 "Declaration on the Conduct of Parties in the South China Sea" has eased tensions but falls short of a legally binding "code of conduct" desired by several of the disputants; Vietnam continues to expand construction of facilities in the Spratly Islands; in March 2005, the national oil companies of China, the Philippines, and Vietnam signed a joint accord to conduct marine seismic activities in the Spratly Islands

Illicit drugs:

minor producer of opium poppy; probable minor transit point for Southeast Asian heroin; government continues to face domestic opium/heroin/methamphetamine addiction problems despite longstanding crackdowns

This page was last updated on 18 December, 2008

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@Virgin Islands

Introduction Virgin Islands

Background:

During the 17th century, the archipelago was divided into two territorial units, one English and the other Danish. Sugarcane, produced by slave labor, drove the islands' economy during the 18th and early 19th centuries. In 1917, the US purchased the Danish portion, which had been in economic decline since the abolition of slavery in 1848.

Geography Virgin Islands

Location:

Caribbean, islands between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico

Geographic coordinates:

18 20 N, 64 50 W

Map references:

Central America and the Caribbean

Area:

total: 1,910 sq km land: 346 sq km water: 1,564 sq km

Area - comparative:

twice the size of Washington, DC

Land boundaries:

0 km

Coastline:

188 km

Maritime claims:

territorial sea: 12 nm exclusive economic zone: 200 nm

Climate:

subtropical, tempered by easterly trade winds, relatively low humidity, little seasonal temperature variation; rainy season September to November

Terrain:

mostly hilly to rugged and mountainous with little level land

Elevation extremes:

lowest point: Caribbean Sea 0 m highest point: Crown Mountain 475 m

Natural resources:

sun, sand, sea, surf

Land use:

arable land: 5.71% permanent crops: 2.86% other: 91.43% (2005)

Irrigated land:

NA

Natural hazards:

several hurricanes in recent years; frequent and severe droughts and floods; occasional earthquakes

Environment - current issues:

lack of natural freshwater resources

Geography - note:

important location along the Anegada Passage - a key shipping lane for the Panama Canal; Saint Thomas has one of the best natural deepwater harbors in the Caribbean

People Virgin Islands

Population:

109,840 (July 2008 est.)

Age structure:

0-14 years: 21% (male 11,698/female 11,390) 15-64 years: 66.2% (male 34,035/female 38,670) 65 years and over: 12.8% (male 6,312/female 7,735) (2008 est.)

Median age:

total: 38.5 years male: 38 years female: 39 years (2008 est.)

Population growth rate:

0.002% (2008 est.)

Birth rate:

12.29 births/1,000 population (2008 est.)

Death rate:

6.55 deaths/1,000 population (2008 est.)

Net migration rate:

-5.72 migrant(s)/1,000 population (2008 est.)

Sex ratio:

at birth: 1.06 male(s)/female under 15 years: 1.03 male(s)/female 15-64 years: 0.88 male(s)/female 65 years and over: 0.82 male(s)/female total population: 0.9 male(s)/female (2008 est.)

Infant mortality rate:

total: 7.72 deaths/1,000 live births male: 8.43 deaths/1,000 live births female: 6.96 deaths/1,000 live births (2008 est.)

Life expectancy at birth:

total population: 78.92 years male: 75.9 years female: 82.11 years (2008 est.)

Total fertility rate:

1.88 children born/woman (2008 est.)

HIV/AIDS - adult prevalence rate:

NA

HIV/AIDS - people living with HIV/AIDS:

NA

HIV/AIDS - deaths:

NA

Nationality:

noun: Virgin Islander(s) (US citizens) adjective: Virgin Islander

Ethnic groups:

black 76.2%, white 13.1%, Asian 1.1%, other 6.1%, mixed 3.5% (2000 census)

Religions:

Baptist 42%, Roman Catholic 34%, Episcopalian 17%, other 7%

Languages:

English 74.7%, Spanish or Spanish Creole 16.8%, French or French Creole 6.6%, other 1.9% (2000 census)

Literacy:

definition: age 15 and over can read and write total population: 90-95% est. male: NA% female: NA% (2005 est.)

Education expenditures:

NA

Government Virgin Islands

Country name:

conventional long form: United States Virgin Islands conventional short form: Virgin Islands former: Danish West Indies abbreviation: USVI

Dependency status:

organized, unincorporated territory of the US with policy relations between the Virgin Islands and the US under the jurisdiction of the Office of Insular Affairs, US Department of the Interior

Government type:

NA

Capital:

name: Charlotte Amalie geographic coordinates: 18 21 N, 64 56 W time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time)

Administrative divisions:

none (territory of the US); there are no first-order administrative divisions as defined by the US Government, but there are three islands at the second order; Saint Croix, Saint John, Saint Thomas

Independence:

none (territory of the US)

National holiday:

Transfer Day (from Denmark to the US), 31 March (1917)

Constitution:

Revised Organic Act of 22 July 1954

Legal system:

based on US laws

Suffrage:

18 years of age; universal; island residents are US citizens but do not vote in US presidential elections

Executive branch:

chief of state: President George W. BUSH of the US (since 20 January 2001); Vice President Richard B. CHENEY (since 20 January 2001) head of government: Governor John DeJONGH (since 1 January 2007) cabinet: NA elections: under the US Constitution, residents of unincorporated territories, such as the Virgin Islands, do not vote in elections for US president and vice president; however, they may vote in the Democratic and Republican presidential primary elections; governor and lieutenant governor elected on the same ticket by popular vote for four-year terms (eligible for a second term); election last held 7 and 21 November 2006 (next to be held November 2010) election results: John DeJONGH elected governor; percent of vote - John DeJONGH 57.3%, Kenneth MAPP 42.7%

Legislative branch:

unicameral Senate (15 seats; members are elected by popular vote to serve two-year terms) elections: last held 7 November 2006 (next to be held November 2008) election results: percent of vote by party - NA; seats by party - Democratic Party 8, ICM 4, independent 3 note: the Virgin Islands elects one non-voting representative to the US House of Representatives; election last held 7 November 2006 (next to be held November 2008)

Judicial branch:

US District Court of the Virgin Islands (under Third Circuit jurisdiction); Superior Court of the Virgin Islands (judges appointed by the governor for 10-year terms)

Political parties and leaders:

Democratic Party [Arturo WATLINGTON]; Independent Citizens' Movement or ICM [Usie RICHARDS]; Republican Party [Gary SPRAUVE]

Political pressure groups and leaders:

NA

International organization participation:

IOC, UPU, WFTU

Diplomatic representation in the US:

none (territory of the US)

Diplomatic representation from the US:

none (territory of the US)

Flag description:

white field with a modified US coat of arms in the center between the large blue initials V and I; the coat of arms shows a yellow eagle holding an olive branch in one talon and three arrows in the other with a superimposed shield of vertical red and white stripes below a blue panel

Economy Virgin Islands

Economy - overview:

Tourism is the primary economic activity, accounting for 80% of GDP and employment. The islands hosted 2.6 million visitors in 2005. The manufacturing sector consists of petroleum refining, textiles, electronics, pharmaceuticals, and watch assembly. One of the world's largest petroleum refineries is at Saint Croix. The agricultural sector is small, with most food being imported. International business and financial services are small but growing components of the economy. The islands are vulnerable to substantial damage from storms. The government is working to improve fiscal discipline, to support construction projects in the private sector, to expand tourist facilities, to reduce crime, and to protect the environment.

GDP (purchasing power parity):

$1.577 billion (2004 est.)

GDP (official exchange rate):

$NA

GDP - real growth rate:

2% (2002 est.)

GDP - per capita (PPP):

$14,500 (2004 est.)

GDP - composition by sector:

agriculture: 1% industry: 19% services: 80% (2003 est.)

Labor force:

43,980 (2004 est.)

Labor force - by occupation:

agriculture: 1% industry: 19% services: 80% (2003 est.)

Unemployment rate:

6.2% (2004)

Population below poverty line:

28.9% (2002)

Household income or consumption by percentage share:

lowest 10%: NA% highest 10%: NA%

Budget:

revenues: $NA expenditures: $NA

Fiscal year:

1 October - 30 September

Inflation rate (consumer prices):

2.2% (2003)

Agriculture - products:

fruit, vegetables, sorghum; Senepol cattle

Industries:

tourism, petroleum refining, watch assembly, rum distilling, construction, pharmaceuticals, textiles, electronics

Industrial production growth rate:

NA%

Electricity - production:

960 million kWh (2006 est.)

Electricity - consumption:

892.8 million kWh (2006 est.)

Electricity - exports:

0 kWh (2007 est.)

Electricity - imports:

0 kWh (2007 est.)

Electricity - production by source:

fossil fuel: 100% hydro: 0% nuclear: 0% other: 0% (2001)

Oil - production:

17,620 bbl/day (2007 est.)

Oil - consumption:

91,680 bbl/day (2007 est.)

Oil - exports:

398,500 bbl/day (2005)

Oil - imports:

492,300 bbl/day (2005)

Oil - proved reserves:

NA

Natural gas - production:

0 cu m (2007 est.)

Natural gas - consumption:

0 cu m (2007 est.)

Natural gas - exports:

0 cu m (2007 est.)

Natural gas - imports:

0 cu m (2007 est.)