Vietnam

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Vietnam's young population - a quarter of whom are between 10 and 24 years old - will be key to its economic growth in the coming years. The country has also made significant progress in infrastructure in recent years. Its geographic location and proximity to its Asean neighbours increasingly make Vietnam a hub for investment into the region.

MAIN LANGUAGES

Vietnamese

POPULATION

92.7 million (2016)

LAND AREA

331,210 km²

CAPITAL

Hanoi

CURRENCY

Vietnamese Dong (VND)

TIME ZONE

GMT +7

EASE OF DOING BUSINESS

Ranked 68 out of 190 economies (World Bank Doing Business 2018)

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The Foreign Investment Agency (FIA) is responsible for advising the Minister of Planning and Investment on foreign direct investment activities in Vietnam and Vietnam's direct investment activities abroad.

www.mpi.gov.vn / http://fia.mpi.gov.vn | (844) 080-48 087 | fiavietnam@mpi.gov.vn

The Investment Promotion Center for North Vietnam promotes and supports investment activities in 29 northern provinces from Ha Giang to Quang Binh. http://ipcn.vn

The Investment Promotion Center for Central Vietnam aims to assist investors and enterprises as they study, establish and implement investment and business development projects in Central Vietnam. http://centralinvest.gov.vn

The Investment Promotion Center for South Vietnam promotes and supports investment activities in the 21 southern provinces, southward from Ninh Thuan province. http://www.ipcs.vn

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LATEST UPDATES

Vietnam has a booming e-commerce market, but what more can be done?

Vietnam is the fastest-growing digital economy in the region, in large part due to investment inflow which is still on an unprecedented rise. Over...

Vietnam exports likely to keep overperforming: Report

The projected pick-up could come on improved US-China trade relations and an upswing in the global technology market.

Vietnam factories' trade war boost could ease in 2020: Citi

Vietnam’s gross domestic product growth is expected to cool to 6.7 per cent in 2020.

Low-income adults in Asia receive more than 3.5x their income from overseas senders each month: UniTeller

MONTHLY remittances from family and friends working abroad now averages more than 3.5 times the monthly incomes of recipients in Asia, according...

Vietnam gas power holds long-term value: Report

Research analysts believe that rising manufacturing investment and the growth of cities will fuel the sector’s prospects.

Singapore incubator BLOCK71 expands into Ho Chi Minh City

Singapore's NUS Enterprise is partnering Becamex IDC Corporation to establish its eighth BLOCK71 in Vietnam