Lying on the eastern part of the Indochinese peninsula, Vietnam is a strip of land shaped like the letter "S". China borders it to the north, Laos and Cambodia to the west, the East Sea to the east and the Pacific Ocean to the east and south.

Vietnam is located in both a tropical and a temperate zone. It is characterized by strong monsoon influences, but has a considerable amount of sun, a high rate of rainfall, and high humidity. Regions located near the tropics and in the mountainous regions are endowed with a temperate climate.

Vietnam achieved around 8% annual GDP growth from 1990 to 1997 and continued at around 7% from 2000 to 2005, making it the world's second-fastest growing economy. Simultaneously, foreign investment grew threefold and domestic savings quintupled. Manufacturing, information technology and high-tech industries form a large and fast-growing part of the national economy. Vietnam is one of Asia's most open economies: two-way trade is around 160% of GDP, more than twice the ratio for China and over four times India's.

At present there are 54 different ethnic groups inhabiting Vietnam, in which Kinh (Viet) people make up nearly 90% of the whole population, and 53 other ethnic groups represent over 10%.

There are approximately 23 Chartered Surveyors in Vietnam. Approximately 50% specialize in Commercial Property Faculty with 20% in Construction Faulty. There are also members working in Building Surveying, Geomatics and Valuation Faculty.

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RICS Asia
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