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  • Kirkeby Summers posted an update 11 months, 2 weeks ago

    A lot of the Vietnamese population reside in the rural areas though the proportion in the urban human population is gradually increasing from 19.7% in 1990 to 26.0% in 2004. Vietnam’s largest city is Ho Chi Minh City (population 5.0 million) and Hanoi (population of three.5 million) followed by Nai, Haiphong and Dac Lac.

    Household income in Ho Chi Minh City is almost 3 times the country’s average – town makes up about up to 50 % of all the so-called motorbikes in Vietnam. Nearly 20% of people live beneath the poverty level and mainly from rural households. 10%-15% with the households are middle to high-income households while 65%-70% are lower-income households.

    INFRASTRUCTURE. Vietnam’s telecommunication systems lag behind many neighbouring countries in your neighborhood and therefore government puts great emphasis on its modernisation. Digital exchanges now attached to Hanoi, Da Nang, and Ho Chi Minh City and main lines have risen while the utilization of mobile telephones is growing. The nation’s road system stretches from your northern to southern tip of Vietnam. Northern and southern Vietnam are with two air-ports as well as main sea ports serving international shipping.

    INTERNATIONAL TRADE. Vietnam’s major trading partners are the US, Japan, China, Australia, Germany, Singapore, Taiwan, Thailand and The philipines. Major exports include oil, seafood, rice, coffee, cashew nuts, rubber, tea, garments and shoes. Major imports include machineries and equipments, petroleum products, fertilisers, steel products, cotton, grains, cement and motorcycles.

    CONSUMER USAGE OF TECHNOLOGY. There were nearly 10.A million telephones positioned in Vietnam and nearly 5.0 million cell phone subscribers in 2004. The government is putting considerable efforts to modernise and increase the country’s telecommunication system however lags in comparison with Singapore, Thailand and Malaysia. Computer penetration is low; estimates change from 2% to 4% of the population in 2004 as well as an estimated 5.8 million online users. The penetration of television is simply 20% and concentrated to homes inside the cities. Similarly, installing refrigerators is targeted inside the cities where 60% from the homes have refrigerators.

    RETAIL MARKET. Retail sales in Vietnam grew by 8%-12% annually from 2000 to 2004 caused by increasing disposable income due to country’s strong economic growth. Vietnamese consumers spend two-thirds of their income on retail purchases amounting to US$16.3 billion in 2004. Traditional wet markets along with the "mom and pop" shops dominate the retail industry comprising 95% from the total retail trade. Many of these retail shops measure a maximum of five square metres (54 sq . ft .). Modern retail establishments are restricted but gradually emerging in the country and customarily locally owned businesses concentrated in Ho Chi Minh City and Hanoi.

    FOOD CULTURE. Rice and noodles are the staple food in the Vietnamese but taste preference differs by region. Foods in central Vietnam are spicier while foods in southern and northern Vietnam are less spicy and therefore are saltier. The Vietnamese often dip their foods with chilli, garlic or fish sauce to incorporate flavour. France colonialists introduced European style bread and bakeries in to the Vietnamese food culture. Western style fast food service establishments start to emerge alongside the traditional snack bars, cake shops and mobile food carts.

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