Last update 12:00 | 06/02/2018 – vietnamnet
VietNamNet Bridge – Fulbright University estimates that Vietnam’s informal economic sector makes up 25-30 percent of total GDP and has 57 percent of total number of workers, but the General Statistics Office (GSO) believes that the informal sector is not that large.
How big is Vietnam’s informal economic sector?
Nguyen Bich Lam, Director General GSO at a conference to review the activities of the Ministry of Planning and Investment (MPI) on January 15 said MPI will submit a scheme on informal economic statistics to the Prime Minister for approval this year. The operation of the informal business sector contributed to the economy, but it was not yet accounted for in calculating GDP.