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Viet Nam is a remarkable development success story. Economic reforms since the launch of Đổi Mới in 1986, coupled with favorable global trends, helped transform Viet Nam from one of the world’s poorest countries to a dynamic middle-income economy in a single generation. The transformation over the past four decades has brought tangible improvements in people’s lives, lifting millions out of poverty, expanding access to health care and education, and connecting nearly all households to essential infrastructure.

 

Source: World Bank 



Ihre Berater der Handelskammer

Regina Khvastunova

Kontaktieren Sie uns: vietnam@cc.lu


Kennzahlen

Fläche
331,210 km2
Bevölkerung
101,598,527 (2025)
Regierungsform
Communist state
Sprachen
Vietnamese (official), English (increasingly favored as a second language), some French, Chinese, and Khmer, mountain area languages (Mon-Khmer and Malayo-Polynesian)
BIP
$484.73 billion (2025)
Wachstumsrate
5.8% (2025)
HDI
117
Hauptstadt
Hanoi

Makroökonomische Indikatoren

Growth is forecast to moderate to 5.8 percent in 2025 (due to trade uncertainty and a global slowdown) before rebounding to 6.1 percent in 2026. With a trade-to-GDP ratio of nearly 170 percent, Viet Nam is one of the world’s most open, trade-oriented economies, highly sensitive to global shifts.

Viet Nam’s goal of achieving high-income status by 2045 requires more than tripling current per capita income, demanding average annual growth of 6 percent for the next two decades. To sustain this, the nation must accelerate productivity, strengthen linkages between domestic and foreign firms, expand access to finance and technology for SMEs, and invest strategically in human capital to equip its workforce for a rapidly evolving economy.

Source: World Bank 


IMF Statistics: 

Subject descriptor 2023 2024 2025 2026 2027

All Items, Consumer price index (CPI), Period average, percent change

Percent

(Units)

3.253

3.624

3.402

3.161

3.3

Current account balance (credit less debit), Percent of GDP

Percent

(Units)

6.372

6.64

4.047

2.422

1.75

Current account balance (credit less debit), US dollar

US dollar

(Billions)

27.59

30.509

19.616

12.376

9.541

Exports of goods and services, Volume, Free on board (FOB), Percent change

Percent

(Units)

-3.087

19.666

5.12

0.716

2.287

Gross domestic product (GDP), Constant prices, Percent change

Percent

(Units)

5.065

7.091

6.457

5.595

5.76

Gross domestic product (GDP), Current prices, Per capita, US dollar

US dollar

(Units)

4316.74

4535.756

4744.725

4964.756

5261.924

Gross domestic product (GDP), Current prices, US dollar

US dollar

(Billions)

433.008

459.472

484.726

511.059

545.213

Imports of goods and services, Volume, Cost insurance freight (CIF), Percent change

Percent

(Units)

-5.223

20.623

5.437

2.467

3.951

Unemployment rate

2.3

2.2

2.25

2.5

2.311

Estimates

Source: IMF Statistics - Vietnam


Luxemburg und das Land

Existing conventions and agreements

Agreement between the Government of the Grand Duchy of Luxembourg and the government of the Socialist Republic of Vietnam for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital

In order to promote international economic and financial relations in the interest of the Grand Duchy of Luxembourg, the Luxembourg government negotiates bilateral agreements for the avoidance of double taxation and prevent fiscal evasion with respect to Taxes on Income and on fortune with third countries.

  • Convention from 04.03.1996 (Memorial 1998, A No.37, p.541)
  • Effective as of 01.01.1996 (Memorial 1998, A No.37, p.541)

Luxembourg Double Tax Treaty - Vietnam


Weitere Informationen

Contact points in Vietnam

Embassy of the Grand Duchy of Luxembourg in Thailand

Ambassador with residence in Bangkok: H.E. Mr Patrick HEMMER

Q House Lumpini 17th Floor
1 South Sathorn Road
Tungmahamek Sathorn
Bangkok 10120
Thailand

Tel.: (+66 2) 677 7360
Fax: (+66 2) 677 7364
E-Mail: bangkok.amb@mae.etat.lu 
Website: bangkok.mae.lu


Honorary Consuls

Honorary Consul with Jurisdiction over the City of Hanoi:

Mr Hong Quang TRAN

Tel.: (+84) 24 3946 1204
E-Mail: hanoi@luxconsulatevn.org 

Honorary Consul with jurisdiction of the City Ho Chi Minh:

Mr Olivier Dung DO NGOC

Tel.: (+84) 28 3827 2373
E-Mail: hcmc@luxconsulatevn.org 

Source: Ministry of Foreign Affairs of Luxembourg

Other useful links

 


Die Handelskammer und das Land