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SURVEY

Geographical Location

Vietnam is located in the south east of Indochinese peninsula; belong to the South East Asia. It’s in the boundary of the adjacent region between two continents namely Europe-Asia and Oceania vertically, and between Pacific Ocean and Indian Ocean horizontally. The nature of interaction between different natural systems makes Vietnam a diverse natural surface as well as complex natural resources.

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Business Environment

Generally speaking, Vietnam is considered a politically and socially stable country. Vietnam seldom faces religious issues and race conflict in comparison with other ASEAN countries such asIndonesia, Philippines and China. Vietnam has achieved high GDP growth rate and has maintained political and macro-economic stability thanks to renovation policies. The successful governance of the Vietnam Communist Party over decades has been widely recognized. Renewal policies have gained enormous support and the transition to a market economy is still underway. In the context of recent terrorism-related events, Vietnam is regarded a safe investment destination. 

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Emerging Market

Vietnam’s GDP reached 102 billion USD, export turnover gained 71.6 billion USD and import value reached 84 billion USD in 2010 making Vietnam a promising market for high-tech products and services. Main export items enjoyed substantial growth rates over two previous years, particularly machinery, equipment, parts and accessories rose 23.3% to 13.7 billion USD, raw petroleum rose 41.2% to 10.9 billion USD, garment rose 25.8% to 6.8 billion USD, , electronic accessories, computers and components rose 25.8% to 3.7 billion USD, Car import peaked at 2.4 billion USD in which CBU imported reached 1 billion USD with total 50.4 thousand cars.

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Human Resources

Vietnam is one of the countries having highest population and population density in the world. It ranks 14th in the world with the average population of nearly 86.93 million people in 2010, and the average population density is 263 persons per square kilometers, 5 times higher than that in the world (47 persons per square kilometers), which means high potential labor force.

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Natural Resources

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Partners

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