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Ho Chi Minh City

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Uploaded on Dec 6, 2008

Ho Chi Minh City (Thành Phố Hồ Chí Minh) or Sài gòn : Hồ Chí Minh City began as a small fishing village known as Prey Nokor. The area that the city now occupies was originally swampland, and was inhabited by Khmer people for centuries before the arrival of the Vietnamese. It should be noted that in Khmer folklore southern Vietnam was given to the Vietnamese government as a dowry for the marriage of a Vietnamese princess to a Khmer prince in order to stop constant invasions and pillaging of Khmer villages.
The majority of the population are ethnic Vietnamese (Kinh) at about 90%. Other ethnic minorities include Chinese (Hoa) with 8%, (the largest Chinese community in Vietnam) and other minorities (Khmer, Cham, Nung, Rhade) 2%.[citation needed] The inhabitants of Ho Chi Minh City are usually known as "Saigonese" in English, "Saigonnais" in French and "dân Sài Gòn" in Vietnamese.

The Kinh speak Vietnamese with their respective regional accents: southern (about 50%), northern (30%) and central Vietnam (20%); while the Hoa- in addition- speak Cantonese, Teochew (Chaozhou), Hokkien, Hainanese and Hakka dialects of Chinese (only a few speak Mandarin Chinese).[citation needed] A varying degree of English is spoken especially in the tourism and commerce sectors where dealing with foreign nationals is a necessity, so English has become a de facto second language for some Saigonese.[citation needed]

According to some researchers[who?] the religious breakup in HCMC is as follows: Buddhism (all sects and/or including Taoism, Confucianism) 80%, Roman Catholic 11%, Protestant 2%, others (Cao Dai, Hoa Hao, Islam, Hinduism, Bahá'í Faith) 2%, and no religion or unknown 5%

The economy of Ho Chi Minh City covers different fields, from mining, seafood processing, agriculture, construction to tourism, finance, industry, trading. The state-owned sector makes up 33.3%, private sector of 4.6%, the other remaining percentage lays in foreign businesses. As far as economic structure is concerned, service sector accounts for 51.1%, industry and construction accounts for 47.7%, forestry, agriculture and others make up just 1.2%

Goldman Sachs' projection of the 20 largest economies in 2050.

GDPs in trillions (US)
1. China $70.710
2. USA $38.514
3. India $37.688
4. Brazil $11.366
5. Mexico $9.340
6. Russia $8.580
7. Indonesia $7.010
8. Japan $6.677
9. UK $5.133
10. Germany $5.024
11. Nigeria $4.640
12. France $4.592
13. South Korea $4.083
14. Turkey $3.943
15. Vietnam $3.607
16. Canada $3.149
17. Philippines $3.010
18. Italy $2.950
19. Iran $2.663
20. Egypt $2.602


Brazil, Russia, India, and China — identified by Goldman Sachs investment

The Next Eleven (or N-11) are eleven countries — Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, Philippines, South Korea, Turkey, and Vietnam — identified by Goldman Sachs investment

Year, GDP Per Capita(nominal)US$

2006 655
2007 829
2008 1030
2009 1340
2010 1480
2015 1,707
2020 2,834
2025 4,583
2030 7,245
2035 11,148
2040 16,623
2045 23,932
2050 33,472

HCMC Metro Railway System (Completed in2015-2020)
ttp://www.urbanrail.net/as/hcmc/ho-chi-m inh-city.htm
Hanoi Metro Railway System (Completed in2020)

Economic growth approaching 8.5 % annually
The next Asian Economic Tiger
Destined to become a developed country in 2050
Ascension to the World Trade Organization (WTO) at the end of 2006
Temporary seat on UN Security Council
Abundance of natural resources and a well educated/motivated work force
Increasingly accomodative attitudes toward foreign and domestic investment and entrepreneurs
Proximity to massive export markets including China and India

p.s please dont talk crap about communist, south vietnam support

lets forget about the past and move on

Music : Devil OST

Reply to some users , yes corruption is a major problem, Infrastructure, roads and traffics needs much improvement

Yes I do understand the cause and effects of high GDP = High Inflation, the need maintain interest rate, FDI investment means cost of living will increase.

I hope that the wealth will spread among the upper and middle class , by the end poverty in vietnam will cease to exist.

I applaud the country success because of Doi Moi. Considering the fact the country had a 30 year US embargo ..

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