Vietnam Population: An Overview of Asia’s Fastest Growing Nation
Vietnam is a Southeast Asian country bordered by China, Laos, and Cambodia. With a population of over 94 million people, it is the 14th most populous country in the world. Vietnam is one of the fastest growing nations in Asia, with a population growth rate of 1.2% per year. This growth rate is expected to continue for the foreseeable future, as the nation’s population is projected to exceed 100 million by 2025.
Vietnam is a predominantly rural nation, with over 70% of people living in rural areas. The majority of the population is concentrated in the Red River Delta region in the north, and the Mekong Delta region in the south. The two largest cities in Vietnam are Ho Chi Minh City (formerly Saigon) and Hanoi, with 8 million and 7 million people, respectively.
Vietnam’s population is largely young, with over 50% of the population under the age of 25. This youthful population is expected to remain a major factor in Vietnam’s economic growth for years to come, as it provides the country with a large and growing labor force.
Vietnam’s population is also rapidly urbanizing, with the urban population growing at a rate of 4.3% per year. This is largely due to the large numbers of people migrating from rural areas to urban centers in search of better economic opportunities.
Vietnam’s population is also ethnically diverse, with the majority of people belonging to the Kinh ethnic group, which makes up 85% of the population. The remaining 15% of the population is made up of 54 ethnic minority groups, many of which live in remote and mountainous regions.
Vietnam’s population is also growing at a rapid rate due to its high fertility rate. The fertility rate in Vietnam is currently 2.2 children per woman, which is higher than the global average of 2.1. This high fertility rate is expected to continue, as the nation is expected to reach a population of over 100 million by 2025.
Vietnam’s population growth is both a blessing and a curse. On the one hand, it provides the country with a large and growing labor force, which is essential for economic growth. On the other hand, it puts a strain on resources, particularly in terms of healthcare and education.
Vietnam’s population is expected to continue to grow for the foreseeable future, and the nation will need to find ways to manage this growth in order to ensure the economic and social well-being of its citizens.