The fast growing market offers a number of attractive attributes for both domestic and foreign investors:
Fast Growing Economy:
As one of few economies in ASEAN and in the world to achieve positive growth despite the COVID-19 pandemic, Vietnam’s GDP is estimated to have grown at 2.91% in 2020.
Integration to Global Economy:
Vietnam’s participation in more than 15 FTAs has led to increased investment in recent years. These agreements bind Vietnam to a multilateral rules-based trading system, and have been incredibly successful at powering Vietnam’s export story.
The Mekong Region (including Vietnam, Thailand, Cambodia, Laos, Myanmar, and the southern provinces of China) provides access to a market of over 250 million people. Vietnam also enjoys regional connectivity with Association of Southeast Asian Nations (ASEAN) economies and a strategic position on the Eastern Sea with existing transportation routes to the world.
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