Region
Index: 5.0  
Vietnam
Flag of Vietnam
Updated: April 28, 2010

Population:

Total Population: 88.6 million

Source: CIA World Factbook, July 2009

Economy:

Gross Domestic Product: 90.7 billion US dollars
Source: World Bank, 2009

Gross Domestic Product (PPP): 240.1 billion international dollars
Source: World Bank, 2009

Per Capita Income:

Gross National Income Per Capita (Atlas Method): 890 US dollars
Source: World Bank, 2009

Gross National Income Per Capita (PPP): 2,700 international dollars
Source: World Bank, 2009

Index: 8.1

Index: 9.3
IT Salaries:

Software Engineer / Web Developer: 17 percent of US
Source: PayScale, SourcingLine, February 2010

IT Project Manager: 18.7 percent of US
Source: PayScale, SourcingLine, March 2010

Index: 8.9
BPO Salaries (Non-voice):

Junior BPO Resource: 25.5 percent of US
Source: PayScale, SourcingLine, March 2010

Skilled BPO Resource: 28.6 percent of US
Source: PayScale, SourcingLine, March 2010

Index: 1.3
Real Estate:

Office Occupancy Cost (CBD): 50.7 US$/sf/yr
Source: CB Richard Ellis, November 2009

Note: Office occupancy costs are for Ho Chi Minh City.

Index: 7.4
Taxes:

Corporate Tax Rates: 25 percent
Source: KPMG, October 2009

Indirect Tax Rates: 10 percent
Source: KPMG, October 2009

SMB Effective Tax Rate: 40.1 percent
Source: Doing Business (World Bank), 2010

Index: 1.3  

Index: 0.5
Workforce:

Total Workforce: 43.9 million
Source: CIA World Factbook, 2009

Index: 4.3
Basic Education:

Adult Literacy: 90.3 percent of population
Source: CIA World Factbook, 2010

Expenditures on Education: 1.8 percent of GDP
Source: CIA World Factbook, 2010

Index: 0.2
University Graduates:

Annual University Graduates: 242 thousands
Source: UNESCO, 2009

Annual Science & Technology Graduates: 20 percent of total
Source: UNESCO, 2009

Index: 1.9
Technological Readiness:

Internet Access: 23.9 users per 100 inhabitants
Source: International Telecommunications Union, 2009

Broadband Internet Access: 2.3 subscribers per 100 inhabitants
Rank: 17 of 26
Source: International Telecommunications Union, 2009

Index: 3.7

Index: 5.6
Economic Competitiveness & Stability:

Economic Competitiveness: 4.0 GCI score
Source: The Global Competitiveness Report, 2009

Macroeconomic Stability: 3.8 GCI Score
Source: The Global Competitiveness Report, 2009

Index: 4.5
Infrastructure:

Quality of Roads: 2.8 index (1-7)
Source: The Global Competitiveness Report, 2009

Quality of Electric Supply: 3.3 index (1-7)
Source: The Global Competitiveness Report, 2009

Mobile Phone Penetration: 80.4 subscriptions per 100 inhabitants
Source: International Telecommunications Union, 2009

Index: 6.8
Labor Market Efficiency:

Rigidity of Employment: 21 index (0-100)
Source: Doing Business (World Bank), 2010

Cost of Firing Employees: 87 weeks of salary
Source: Doing Business (World Bank), 2010

Index: -3.2
Regulation:

Overall Ease of Doing Business: 93 rank (1-183)
Source: Doing Business (World Bank), 2010

Complexity of Starting a Business: 50 days to register a start-up
Source: Doing Business (World Bank), 2010

Complexity of Paying Taxes: 1,050 hours per year
Source: Doing Business (World Bank), 2010

Index: 2.7
Corruption:

Corruption Perceptions: 2.7 CPI index
Source: Transparency International, 2009

Index: 8.0
Legal Protection:

Procedures to Enforce Contracts: 34 number
Source: Doing Business (World Bank), 2010

Time to Enforce Contracts: 295 days
Source: Doing Business (World bank), 2010

Cost to Enforce Contracts: 28.5 percent of claim
Source: Doing Business (World Bank), 2010

Index: 2.0
Intellectual Property Protection:

Intellectual Property Protection: 3 index (1-7)
Source: The Global Competitiveness Report, 2009

Software Piracy: 85 percent
Source: BSA-IDC Global Software Piracy Study, 2009

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