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.
92.7 million (2016)
Vietnamese Dong (VND)
EASE OF DOING BUSINESS
Ranked 68 out of 190 economies (World Bank Doing Business 2018)
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.
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
The projected pick-up could come on improved US-China trade relations and an upswing in the global technology market.
Vietnam’s gross domestic product growth is expected to cool to 6.7 per cent in 2020.
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