Vietnam is a densely-populated, developing country that in the last 30 years has had to recover from the ravages of war, the loss of financial support from the old Soviet Bloc, and the rigidities of a centrally-planned economy. Growth averaged around 9% per year from 1993 to 1997. The 1997 Asian financial crisis temporarily allowed opponents of reform to slow progress toward a market-oriented economy. GDP growth averaged 6.8% per year from 1997 to 2004 even against the background of the Asian financial crisis and a global recession, and growth hit 8% in 2005 and 7.8% in 2006.
Industry: food processing, garments, shoes, machine-building.
Agriculture: paddy rice, corn, potatoes, rubber; poultry; fish.
Exports: crude oil, marine products, rice, coffee, rubber.
Currency
Currency Exchange
Credit/Debit Cards and ATMs
Traveller’s Cheques
Currency Restrictions: Restrictions apply.
Banking Hours; Mon-Fri 0730/0800-1130 and 1300-1600.
Exchange Rate Indicators

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| Date | Apr 09 |
| £1.00= | ₫26,516.69 |
| $1.00= | ₫17,776.00 |
| €1.00= | ₫23,545.07 |

December 26th, 2009
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