Podcast
Questions and Answers
Việt Nam is about to welcome the 100 millionth ______.
Việt Nam is about to welcome the 100 millionth ______.
citizen
With this milestone, Việt Nam becomes one of the ______ most populous countries in the world.
With this milestone, Việt Nam becomes one of the ______ most populous countries in the world.
15th
As of the end of 2022, Việt Nam’s economic scale and per capita income reached US$409 billion and ______, respectively.
As of the end of 2022, Việt Nam’s economic scale and per capita income reached US$409 billion and ______, respectively.
$4,110
Having 100 million population would mean a ______ domestic market.
Having 100 million population would mean a ______ domestic market.
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According to the United Nations ______ Fund (UNFTA), the world is changing at a rapid pace.
According to the United Nations ______ Fund (UNFTA), the world is changing at a rapid pace.
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Việt Nam has a large, populous market with a sizeable ______ (with more than 50 million labourers).
Việt Nam has a large, populous market with a sizeable ______ (with more than 50 million labourers).
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The 100 million people pose problems of ______ and energy security.
The 100 million people pose problems of ______ and energy security.
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Ensuring quality ______, health care and environmental protection for 100 million people will not be a simple problem.
Ensuring quality ______, health care and environmental protection for 100 million people will not be a simple problem.
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Việt Nam is in a period of ______ population structure, with nearly 70 per cent of the population being in the working age.
Việt Nam is in a period of ______ population structure, with nearly 70 per cent of the population being in the working age.
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The quality of ______ remains low, with the rate of trained workers being only 67 per cent and of those with diplomas and certificates just 27 per cent.
The quality of ______ remains low, with the rate of trained workers being only 67 per cent and of those with diplomas and certificates just 27 per cent.
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Study Notes
Vietnam's Population Milestone
- Vietnam is expected to reach a population of 100 million, making it the 15th most populous country in the world.
- This milestone comes 10 years after the population hit 90 million in 2013.
Economic Scale and Per Capita Income
- As of 2022, Vietnam's economic scale and per capita income reached $409 billion and $4,110, respectively.
- These figures are expected to reach $424.45 billion and $4,400 by the end of 2023.
- When the population hits 100 million, the economic scale must be over $440 billion, requiring a GDP growth of over 7% in 2023.
Implications of a 100 Million Population
- A large population provides a sizable domestic market, attracting more foreign direct investment with a healthy, well-educated, and skilled labor force.
- It also brings opportunities for innovation and creativity, with a strong dynamism in the country.
- However, it also poses challenges such as food and energy security, ensuring quality education, healthcare, and environmental protection for 100 million people.
Demographic Transition and Labor Quality
- Vietnam is completing the demographic transition, with mortality and fertility decline, leading to an aging population.
- The country is in a period of golden population structure, with nearly 70% of the population being in the working age.
- Vietnam has a strong labor force of 51.5 million people, ranking third in the ASEAN region, but the quality of labor remains low.
- The country needs policies to take advantage of opportunities and promote strengths brought about by the period to avoid wasting its demographic dividend.
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Description
Test your knowledge about Vietnam's population milestone and current economic statistics.
