Vietnam has diverse land resources a with 32 square kilometers total area of land, 70% of which, equaling to 21 billion hectares is basalt soil of high fertility, suitable for many industrial crops such as rubber, coffee, cocoa, pepper, fruit-tree as well as for specialty crops such as tea, cinnamon tree, anise. Alluvial deposits accounts for 20% of the total area, most of which is fertile farmland suitable for rice growing. Vietnam’s natural conditions enable it to grow industrial crops for export and simultaneously guarantee food security.

Vietnam is a country with a high population and population density in the world. It ranks 14^th in the world with the average population of nearly 85.2 million people in 2007, and the average population density of 257 persons per square kilometers, much higher than that in the world (47 persons per square kilometers), which means intensive labor force. The working population of 44.17 million people in 2007 held up 51.85% the total population with 9% working in state sector, 89.4% in non-state sector and 1.6% in foreign-invested sector. Regarding economic field, currently 54.6% of the work force is working in agro-forestry and fishery industry, 19.6% in industry and construction sector and 25.9% in services industry.

Vietnam’s GDP reached 71.2 billion USD and export turnover gained 48.56 billion USD in 2007 making it a promising market for high-tech products and services. Main export items enjoyed substantial growth rates over two previous years, particularly machinery, equipment, parts and accessories rose 56.5% to 10.38 billion USD, raw petroleum rose 25.7% to 7.5 billion USD, garment rose 33.6% to 3.99 billion USD, steel rose 66.2% to 4.89 billion USD, electronic accessories, computers and components rose 43.7% too 2.95 billion USD, plastic rose 34.3% to 2.51 billion USD, textile and leather materials rose 12.1% to 2.19 billion USD, chemicals rose 39.1% to 1.45 billion USD, automobile rose 101% to 1.44 billion USD, complete unit automobile rose 145.5% to 523 million USD, chemical products rose 27.1% to 1.28 billion USD, cattle-feed and  ancillary materials rose 52.6% to 1.12 billion USD, wood and ancillary materials rose 31.9% to 1.02 billion USD. Some other items also experienced high growth rates such as fertilizers: 44.9%, textiles” 36.8%, rice: 64.3%, motorbikes: 70%, etc.

Generally speaking, Vietnam is considered a politically and socially stable country. Vietnam seldom faces religious issues and race conflict in comparison with other ASEAN countries such as Indonesia, Philippines and China. Vietnam has achieved high GDP growth rate and has maintained political and macro-economic stability thanks to renovation policies. The successful governance of the Vietnam Communist Party over decades has been widely acknowledged. Renewal policies have gained enormous support and the transition to a market economy is still underway. In the context of recent terrorism-related events, Vietnam is regarded a safe investment destination.