In 2021, the service sector accounted for 41 percent of the gross domestic product (GDP) of Vietnam. This sector has consistently remained the largest contributor to Vietnam’s economy in recent years. Additionally, the service sector accounted for the largest share of employment by economic sector in Vietnam that year.
A blooming retail market
The service sector consists of a wide range of economic activities, with some of the most important sub-sectors being wholesale and retail, finance, banking and insurance, transportation, and accommodation and catering services. Wholesale and retail accounts for the largest proportion of the service sector, partially due to the growing retail sales value of goods and services in Vietnam. With a young population and an expanding middle class, e-commerce is increasingly relevant within the retail sector. Vietnam’s e-commerce share of total retail sales has been growing significantly in recent years.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Statista Accounts:
Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.
General Statistics Office of Vietnam. (December 29, 2021). GDP contribution of the services sector in Vietnam from 2011 to 2021 [Graph]. In Statista. Retrieved June 28, 2022, from https://www.statista.com/statistics/1028010/vietnam-gdp-contribution-of-services-sector/
General Statistics Office of Vietnam. "GDP contribution of the services sector in Vietnam from 2011 to 2021." Chart. December 29, 2021. Statista. Accessed June 28, 2022. https://www.statista.com/statistics/1028010/vietnam-gdp-contribution-of-services-sector/
General Statistics Office of Vietnam. (2021). GDP contribution of the services sector in Vietnam from 2011 to 2021. Statista. Statista Inc.. Accessed: June 28, 2022. https://www.statista.com/statistics/1028010/vietnam-gdp-contribution-of-services-sector/
General Statistics Office of Vietnam. "Gdp Contribution of The Services Sector in Vietnam from 2011 to 2021." Statista, Statista Inc., 29 Dec 2021, https://www.statista.com/statistics/1028010/vietnam-gdp-contribution-of-services-sector/
General Statistics Office of Vietnam, GDP contribution of the services sector in Vietnam from 2011 to 2021 Statista, https://www.statista.com/statistics/1028010/vietnam-gdp-contribution-of-services-sector/ (last visited June 28, 2022)