Stable and high- growth economy
Viet Nam is among the fastest-growing economies in ASEAN and is poised for robust growth, projected to expand at 6.4% annually between 2018 and 2022, according to Moody’s Investor Services. International organizations such as the World Bank and ADB have praised Viet Nam for the stable growth of the macro-economy.
Strategic location6:15 AM|06/01/2021
Located next to China, Viet Nam’s proximity makes it an ideal alternative location for investors seeking to diversify their supply chains from China. Investors are able to limit interruptions or delays to existing supply chains in China. Additionally, Vietnam’s major […]
Increasing integration into global economy6:13 AM|06/01/2021
Participation in strategic trade agreements, including the AFTA, EU-Viet Nam FTA and CPTPP, demonstrates the commitments of Viet Nam towards trade openness with other countries. Currently, there are 12 FTAs that Vietnamese exporters can take advantage of including agreements with major markets […]
Strengthening institutional and regulatory framework6:05 AM|06/01/2021
Over the years, the Vietnamese government has improved its legal and institutional framework to create a transparent and fair investment environment for investors. This has been reflected in the improvements in Viet Nam’s Ease of Doing Business ranking from 99th […]