• Kirkeby Oconnor posted an update 1 month, 2 weeks ago

    A lot of the Vietnamese population are in the rural areas though the proportion of 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 3.5 million) as well as Nai, Haiphong and Dac Lac.

    Household income in Ho Chi Minh City is practically 3 x the national average – the town is the reason for up to 50 % of all of the motorbikes in Vietnam. Around 20% of the population live below the poverty level and mainly from rural households. 10%-15% in 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 community and so government puts great concentrate on its modernisation. Digital exchanges now attached to Hanoi, Da Nang, and Ho Chi Minh City and main lines have increased while the use of mobile telephones is growing. The nation’s road system stretches from the northern to southern tip of Vietnam. Southern and northern Vietnam are with two air-ports and two main sea ports serving international shipping.

    INTERNATIONAL TRADE. Vietnam’s major trading partners will be 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 Using TECHNOLOGY. There were nearly 10.2million telephones positioned in Vietnam and nearly 5.0 million mobile phone subscribers in 2004. The federal government is putting considerable efforts to modernise and enhance the country’s telecommunication system but nonetheless lags in comparison to Singapore, Thailand and Malaysia. Computer penetration is low; estimates vary from 2% to 4% of the population in 2004 plus an estimated 5.8 million internet users. The penetration of television is only 20% and concentrated to homes inside the towns and cities. Similarly, setting up refrigerators is targeted inside the cities where 60% with the homes have refrigerators.

    RETAIL MARKET. Retail sales in Vietnam grew by 8%-12% annually from 2000 to 2004 brought about by increasing disposable income as a result of country’s strong economic growth. Vietnamese consumers spend two-thirds of the income on retail purchases amounting to US$16.3 billion in 2004. Traditional wet markets and also the "mom and pop" shops dominate the retail industry accounting for 95% in the total retail trade. Several stores measure a maximum of five square metres (54 sq ft). Modern retail establishments are limited but gradually emerging in the united kingdom and generally 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 northern and southern Vietnam are less spicy and therefore are saltier. The Vietnamese often dip their foods with chilli, garlic or fish sauce to add flavour. French colonialists introduced European style bread and bakeries in to the Vietnamese food culture. Western style fastfood service establishments have started to emerge alongside the traditional snack bars, cake shops and mobile food carts.

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