Vietnam per capita income tops $1,000 for first time

Graph of customer price index in 2008
The General Statistics Office has announced that Vietnam’s per capita income has exceeded US$1,000 for the first time.

But the office’s Bui Ba Cuong said it does not mean Vietnam has risen above the poverty level.

With the consumer price index rising 23 percent last year, per capita GDP in real terms, or adjusted for inflation, is just around $900, he explained.

(Source: Tuoi Tre Newspaper) – Translated by Thuy Doan

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