highest population in ASEAN
ABOUT
With its high economic growth and political stability, Vietnam has received numerous honorable titles in recent years: Tiger State, Next Eleven, China plus one, CIVET emerging market, ambitious successor of the BRIC countries, etc. Despite its war-torn past, Vietnam has an exciting future with great potential ahead.
QUICK FACTS
of the Vietnamese population are able to write and read
PROS CONS
+ Motivated and fast-learning young population
+ Increasing FDI and number of FTAs
+ Little to no environmental disasters
– Availability of skilled labor and technicians
– Bureaucracy
– Challenging legal environment
TOP EXPORTS
Electrical and electronic equipment
Textile and garment (16%)
Footwear
Mineral products
Vegetable products
Metals
VIETNAM INSIGHTS
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Vietnam became Japanese investors favorite market in ASEAN
With Japan becoming the most active investor in Vietnam, the Southeast Asian country became the number 1 investment choice of Japanese...
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Bright prospect for Vietnam’s leather and footwear industry in 2018
Because of China’s policy of reducing investment incentives in the leather industry to focus on high-tech industries instead, orders for...
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Vietnam to ratify CPTPP by the end of 2018
When the current US President Donald Trump entered the White House in January 2017, the future of Trans-Pacific Partnership (TPP), one of...
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The future of Vietnam’s textile and apparel industry
As one of the major contributors to Vietnam’s economic development, the textile industry maintains good growth with increasing orders and...
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