Vietnam

Vietnam is the largest exporter of cashews in the world.

About Country

    Continent

    Asia

    Capital

    Hanoi

    Population

    97,338,579

    World share 

    1.2 %

    Land area

    310,070 km²

    Official Languages

    - Vietnamese

    Unofficial Languages

    - Chinese
    - English
    - French
    - Khmer
    - Native languages

    Currency

    VND

    Economy rating

    38

    Economy GDP

    354,868 millions USD

    ВВП на человека

    3,646 USD

Democracy Index

2.94

Authoritarian

*

Electoral process and pluralism

0
0

Functioning of government

2.86
2.86

Political participation

3.89
3.89

Political culture

5.63
5.63

Civil liberties

2.35
2.35

    Crime Rate

    1.5

    Safe zone

    Unemployment

    2.7 %

    Low unemployment

Expense and Salary

;">

3.01

Bad

*

Average salary

0.32
0.32

Average expense

5.93
5.93

Average rent price

2.78
2.78

    Average salary

    222 USD

    Average expense

    327 USD

    Average rent price

    398 USD

Immigration

    Immigration difficulty

    Normal

    Recommended Savings

    4,353 USD

    Double citizenship

    Forbidden

    Official site

    Immigration official website

    Compulsory exams

    Vietnamese language exam.

    Passport rating

    92 Amount of countries: 55

Immigration options

Immigration typeRequired TimeFee
Marriagefrom 7 to 30 days (paperwork)
5 years (for citizenship)
25 USD
Employeefrom 7 to 30 days (paperwork)
5 years (for citizenship)
25 USD
Investmentsfrom 7 to 30 days (paperwork)
5 years (for citizenship)
25 USD
Family reunificationfrom 7 to 30 days (paperwork)
5 years (for citizenship)
25 USD
Studentfrom 7 to 30 days (paperwork)
5 years (for citizenship)
25 USD


Marriage

Immigration feeImmigration Time
25 USDfrom 7 to 30 days (paperwork)
5 years (for citizenship)

List of documents:
- Completed questionnaire;
- International passport;
- 2 color photos;
- Receipt of payment of the fee;
- General civil passport;
- Medical insurance;
- Certificate of no criminal record;
- Financial documents: bank statement with bank seal;
- Documents confirming the marriage.
Additional Information:
Foreign citizens married to Vietnamese citizens can apply for a residence permit.
The marriage must be official.

Employee

Immigration feeImmigration Time
25 USDfrom 7 to 30 days (paperwork)
5 years (for citizenship)

List of documents:
- Completed questionnaire;
- International passport;
- 2 color photos;
- Receipt of payment of the fee;
- General civil passport;
- Medical insurance;
- Certificate of no criminal record;
- Financial documents: bank statement with bank seal;
- An invitation from the employer;
- Work permit.
Additional Information:
Foreign citizens working in Vietnam can obtain a residence permit.
The employer company must obtain a work permit on behalf of a foreign citizen, and then the foreign citizen can apply for a residence permit.

Investments

Immigration feeImmigration Time
25 USDfrom 7 to 30 days (paperwork)
5 years (for citizenship)

List of documents:
- Completed questionnaire;
- International passport;
- 2 color photos;
- Receipt of payment of the fee;
- General civil passport;
- Medical insurance;
- Certificate of no criminal record;
- Financial documents: bank statement with bank seal;
- Documents confirming the investment.
Additional Information:
Foreign citizens who invest in Vietnam can obtain a residence permit.
The investment must be at least 3 billion dong (approximately 130,000 US dollars), and the foreign citizen must have legally resided in Vietnam for at least one year..

Family reunification

Immigration feeImmigration Time
25 USDfrom 7 to 30 days (paperwork)
5 years (for citizenship)

List of documents:
- Completed questionnaire;
- International passport;
- 2 color photos;
- Receipt of payment of the fee;
- General civil passport;
- Medical insurance;
- Certificate of no criminal record;
- Financial documents: bank statement with bank seal;
- Documents confirming the relationship.
Additional Information:
Foreign citizens who have a family member who is a citizen of Vietnam can apply for a residence permit.

Student

Immigration feeImmigration Time
25 USDfrom 7 to 30 days (paperwork)
5 years (for citizenship)

List of documents:
- Completed questionnaire;
- International passport;
- 2 color photos;
- Receipt of payment of the fee;
- General civil passport;
- Medical insurance;
- Certificate of no criminal record;
- Financial documents: bank statement with bank seal;
- Documents confirming admission to an educational institution.
Additional Information:
Foreign citizens who study at a university or college in Vietnam can apply for a residence permit.

Taxes

Vietnam's taxation system plays a critical role in the country's economic development. Over the years, the government has implemented various policies to promote sustainable growth and ensure a fair distribution of wealth. The taxation system in Vietnam is divided into several categories, including corporate income tax, personal income tax, value-added tax, and import/export duties.

Corporate income tax in Vietnam is currently set at a flat rate of 20% for all companies. However, there are certain incentives available for businesses operating in specific industries or regions. For instance, companies investing in priority sectors such as high-tech, science, and technology can enjoy tax breaks of up to 10 years.

Personal income tax in Vietnam is calculated on a progressive scale, with rates ranging from 5% to 35%. However, there are certain deductions and exemptions available for taxpayers, such as contributions to social insurance and dependent allowances.

Value-added tax (VAT) is a consumption tax that applies to most goods and services in Vietnam. The current standard rate of VAT is 10%, with some exceptions for essential goods and services. Businesses can also claim input VAT credits on their purchases, which can be offset against their output VAT liability.

Import/export duties are also an important part of Vietnam's taxation system. The government levies various tariffs on goods entering and leaving the country, with rates ranging from 0% to 50%. The rates vary depending on the type of product and its country of origin.

Overall, Vietnam's taxation system is relatively straightforward and transparent, with clear guidelines and procedures for taxpayers. The government is committed to maintaining a stable and predictable tax environment to attract foreign investment and promote economic growth. However, there are still some challenges to overcome, such as improving tax administration and tackling tax evasion and fraud.

Education

Vietnam's education system has undergone significant improvements in recent years, with the government investing heavily in education and expanding access to education for all citizens. The education system is divided into five levels: preschool, primary, lower secondary, upper secondary, and higher education.

At the preschool level, children aged 3-5 attend kindergarten, which is not mandatory but widely available across the country. Primary education is mandatory and lasts for five years, and lower secondary education lasts for four years. Upper secondary education is divided into two tracks, vocational and academic, and lasts for three years.

Vietnam has made significant progress in expanding access to education, with nearly all children now enrolled in primary school. The country has also seen significant improvements in education quality, with a focus on improving teacher training and curriculum development. Vietnam's education system has also achieved impressive results in international assessments such as the Programme for International Student Assessment (PISA), with Vietnamese students consistently ranking among the top performers in math, science, and reading.

Higher education is a priority for the Vietnamese government, with the country's universities and colleges undergoing significant expansion in recent years. Vietnam has also invested heavily in promoting international education, with a focus on attracting foreign students to study in the country and sending Vietnamese students to study abroad.

Overall, Vietnam's education system has made significant progress in recent years, but there is still much work to be done. The government must continue to invest in improving infrastructure, expanding access to education, and improving education quality. With sustained commitment and investment, Vietnam can continue to improve its education system and ensure that all citizens have access to high-quality education.

Healthcare

Vietnam's healthcare system has undergone significant improvements in recent years, thanks to the government's commitment to providing universal healthcare access for all citizens. The healthcare system is divided into three tiers: the primary level, which provides basic healthcare services, the secondary level, which provides specialized care for common conditions, and the tertiary level, which includes national hospitals and specialized centers for complex conditions.

At the primary level, community health centers play a vital role in providing basic healthcare services such as immunizations, antenatal care, and treatment for common illnesses. The government has invested heavily in training and deploying these health workers, which has helped to reduce the prevalence of diseases such as malaria, tuberculosis, and HIV.

At the secondary level, district and provincial hospitals provide specialized care for more complex conditions. These hospitals have improved significantly in recent years, with investments in modern equipment and technology, and a focus on recruiting and training healthcare professionals.

The tertiary level includes national hospitals and specialized centers, which provide the highest level of care for complex conditions such as cancer, heart disease, and neurological disorders. These facilities have seen significant improvements in recent years, with investments in modern equipment and technology, and the recruitment of highly skilled healthcare professionals.

Vietnam has also made significant progress in promoting preventative healthcare, with a focus on encouraging healthy lifestyles and disease prevention. The government has implemented various policies to promote healthy living and has invested in public health programs to reduce the prevalence of diseases.

Overall, Vietnam's healthcare system has made significant progress in recent years, but there is still much work to be done. The government must continue to invest in improving infrastructure, recruiting and training healthcare professionals, and expanding access to essential medicines and technologies. With sustained commitment and investment, Vietnam can continue to improve its healthcare system and ensure that all citizens have access to high-quality, affordable care.

Climate

Vietnam is a country located in Southeast Asia with a diverse climate that can vary widely depending on the region. Generally, Vietnam has a tropical climate with high humidity, but the temperatures can vary between the northern, central, and southern regions.

In the northern region, Hanoi, the capital city of Vietnam, experiences a humid subtropical climate with four distinct seasons. Summers are hot and humid, with temperatures ranging from 28°C to 36°C. Winters are relatively cold with temperatures dropping to around 15°C, and the region experiences occasional snowfall in the mountainous areas.

Central Vietnam has a tropical monsoon climate with high temperatures throughout the year. The region is often hit by typhoons, which bring heavy rainfall and strong winds. Da Nang, one of the largest cities in central Vietnam, has an average temperature of 25°C to 28°C, with occasional heat waves in the summer.

Southern Vietnam, including Ho Chi Minh City, has a tropical savanna climate with high temperatures and high humidity throughout the year. The average temperature in Ho Chi Minh City is around 27°C to 35°C, with the highest temperatures occurring in the summer months of May to October.

Overall, Vietnam's climate is characterized by high humidity, frequent rain, and high temperatures, making it a popular destination for tourists seeking tropical weather. However, travelers should be aware of the regional differences and plan their trip accordingly, especially during the rainy season and the summer months when temperatures can be quite high.

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