Young population and large workforce, with growing talents
Viet Nam is well known for its golden age structure with more than 52% of people of working age and about 97% of the working age population is literate, according to the Ministry of Education and Training. The government has taken steps to meet the demand of high-skilled industries, including increasing vocational and technical training. In 2018, there were more than 1,900 vocational training centres across Viet Nam.
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 […]