Vietnam has been the destination of choice for global manufacturers, including many tech giants, and especially for corporations with global supply chain diversification strategies.
The country continues to perform exceptionally in enabling wider and deeper integration into the global value chain.
Establishing operations in Vietnam offers sustainable growth prospects for investors due to the country’s strategic location, dynamic workforce, stable political environment, as well as an open economy supported by extensive free trade agreements, including CPTPP and EVFTA.
Robust Economic Growth
3% GDP Growth
+3.23% CPI +6.5% export value +7.8% adjusted FDI capital +5% USD/VND fluctuation rate within the last 05 years
Strategic Geographic Location
China +1
+17 countries FTAs
ASEAN, EU, US
Japan, India, China, Australia
Korea, Hong Kong, Pan Pacific
Cost Savings
USD 250
average worker's wage per month
An Abundant, Dynamic and Cost-competitive Workforce
100 million
77% labor force participation
32 median age
* Source: Trading Economics – World Bank – General Statistics Office – The Ministry of Finance – WTO Vietnam