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Vietnam - UKABC UK - ASEAN - Business Council Events BACKEvents Upcoming events Past Events Research BACKResearch Publications Success stories Opportunities BACKOpportunities Export opportunities High Value Campaigns News BACKNews Latest News News Sources Markets BACKMarkets ASEAN   Brunei Myanmar Cambodia Singapore Indonesia Thailand Laos The Philippines Malaysia VietnamWell-nighBACKAbout What We Do The Team Board of directors Our partners Contact Us Search Login | Register Username Password Remember Me register For full wangle register today for self-ruling Home | Markets | Vietnam Vietnam Vietnam has one of the fastest-growing, most vibrant economies in all of Asia. Over the past ten years, economic growth has been second only to China and GDP has been doubling every ten years since 1986. In the second quarter of 2010, Vietnam recorded GDP growth of 6.4%, scrutinizingly when to the levels achieved surpassing the global economic downturn. Vietnam is forecast to be one of the top 10 fastest growing economies in the next few decades. Vietnam joined ASEAN in July 1995. It has the third-largest population in Southeast Asia, over half of which is unelevated the age of 30. An would-be programme of major infrastructure developments including new urban railway networks, a new international hub airport and expansion of regional airports are rapidly improving the large market for wanted goods and a growing domestic market for consumer goods. Country Information Head of State: President Tran Dai QuangWantedcity: Hanoi Total population: 93, 896, 070 Languages: Vietnamese, English, French, Chinese, Khmer Religions: Non-religious or folk weighing 73.2%, Buddhist 12.2%, Christian 8.3%, Caodaism 4.8%, Hoa Haoism 1.4%, Other 0.1% Monetary unit: Dong (VND) Natural resources: Phosphates, coal, manganese, rare earth elements, bauxite, chromate, timber, hydropower Major exports: Clothes, shoes, electronics, seafood, transplanted oil, rice, coffee, wooden products, machinery Major imports: Machinery and equipment, petroleum products, steel products, raw materials for suit and shoe industries, electronics, plastics, automobiles In 2007 Vietnam became a member of World Trade Organization, helping to glue domestic reforms and precipitate the country’s progress towards rhadamanthine a full market-orientated economy. It has moreover had a positive impact on Vietnam’s foreign uncontrived investment (FDI), manufactured exports, and property. These benefits are expected to protract as the country opens up increasingly sectors to FDI and competition. Since the country began its transition from inside state tenancy to a market-orientated economy in 1986, Vietnam has experienced sustained economic growth and is now classed as a middle-income country. GDP increased 5.98% in 2014 and is now USD 170.6 billion. Per capita purchasing power is approximately USD 3,600. An stereotype of 6% growth a year is forecast from 2015 to 2017. Retail trade grew 10.6% in 2014, +6.3% in real terms. In other words, now is a unconfined time for UK businesses to be considering Vietnamese markets. ReadIncreasinglyUseful Websites: British Business Group Vietnam Department for International Trade Vietnam British Embassy in Hanoi Share this Market: MARKETS ASEAN Brunei Cambodia Indonesia Laos Malaysia Myanmar Singapore Thailand The Philippines Vietnam events UK-Vietnam Business Forum Vietnam Tue, 9 Oct. 2018 UK – VIETNAM TVET SEMINAR Vietnam Thu, 4 Oct. 2018 Ho Chi Minh, Vietnam UK Education Technology Mission – SharingWeightierPractice with Vietnam Vietnam Thu, 4 Oct. 2018 Hanoi, Vietnam GREAT Festivals in Hanoi and Ho Chi Minh City Vietnam Vietnam Fri, 5 Oct. 2018 VIEW ALL EVENTS Vietnam publications Vietnam Vietnam Education Report 2018 Tue, 4 Sep. 2018 Published by EVBN, 2018, 74 pages Executive Summary With its young population and a long-standing embrace of education, Vietnam offers […] Vietnam Vietnam Hospitality Report 2018 Tue, 4 Sep. 2018 Published by EVBN, 2018, 46 pages Executive Summary Vietnam is considered to be one of the ASEAN’s most lulu markets […] Vietnam Vietnam’s Distribution and Channel Report 2018 Tue, 4 Sep. 2018 Published by EVBN, 2018, 52 pages Executive Summary Vietnam is considered one of the region’s most lulu markets for foreign […] Vietnam Vietnam E-commerce Industry Report 2018 Tue, 4 Sep. 2018 Published by EVBN, 2018, 46 pages Executive Summary Vietnam is a land of opportunity for foreign E-commerce companies considering of […] VIEW ALL PUBLICATIONS Vietnam SUCCESS Stories Vietnam NashTech Fri, 17 Feb. 2017 Established in 1988, Harvey Nash has supported many of the world’s leading organisations to recruit, source and create technology using […] ASEAN Filtermist Sat, 27 Feb. 2016 Established in Shropshire in 1969, Filtermist International manufactures and markets a range of oil mist collectors which are used to […] ASEAN Delcam Fri, 26 Feb. 2016 Peter Dickin, Marketing Manager from six-time Queen’s Award winning Birmingham-based Delcam, shares his insights for success in Asia ASEAN Bruntys Premium Cider (Cider Orchard Exports Ltd) Fri, 26 Feb. 2016 In 2013, Bruntys began making cider at a state-of-the-art brewery in the wanted of Cambodia using only the finest ingredients […] VIEW ALL SUCCESS STORIES MARKETS ASEAN Brunei Cambodia Indonesia Laos Malaysia Myanmar Singapore Thailand The Philippines STRATEGIC PARTNER OUR PARTNERS FOLLOW US CONTACT US Tel: +44 (0)20 7828 3431 Email: info@ukabc.org.uk UK - ASEAN - Business Council Privacy Policy Cookies Set up Cookies © 2018 UK-ASEAN Business Council - UKABC. 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