Vietnam (official name: the Socialist Republic of Vietnam) is the 8th most populous country in Asia, and the 13th most populous overall. More than a decade of average growth rates of roughly 7% starting in the early 2000s has made Vietnam one of the world’s premier emerging markets, although subsequent economic stumbles have tempered somewhat the early enthusiasm.
Vietnam’s leading industrial sectors include: food processing, garments, shoes, machine building, steel, cement, chemical fertilizer, glass, tires, oil, and mobile phones. The leading agricultural sectors are: paddy rice, coffee, rubber, tea, pepper, soybean, cashews, sugar cane, peanuts, bananas, poultry, fish, and seafood.
Agriculture accounts for roughly 19.3% of GDP, while industry accounts for 38.5% and services for 42.2%.
The US government has identified the following sectors as holding particular promise for investment or export to Vietnam: