Vietnam

Vietnam Market - ASEAN's Promising Market for Foreign Direct Investment

Vietnam

Vietnam Market - ASEAN's Promising Market for Foreign Direct Investment

Overview

Vietnam Market - ASEAN's Promising Market for Foreign Direct Investment

Vietnam has made rapid progress over the past several decades, averaging GDP growth rates exceeding 7% all throughout the 1990s and 2000s. The country remains one of Asia’s more promising markets as it opens to foreign investment — and buying property is arguably the best way to gain from Vietnam’s economic rise as a whole.

Vietnam has especially become competitive in its industrial sector. China is falling in popularity among global companies that increasingly prefer building factories in Southeast Asia. This is probably caused by rising costs, more regulations, weaker growth, and a strong “home-bias” in the Chinese market. A looming trade war with the United States also certainly doesn’t help problems in Asia’s biggest economy. Whatever the cause might be, East Asia is experiencing a downturn while Southeast Asia is on the rise

Vietnam has made rapid development and the country’s economy is expected to overtake many Southeast Asian countries in the years to come. When it comes to investing in Vietnam, from early 90s up until now, Vietnam has brought in the strong inflow of foreign investments, with average GDP surpassing 7% each year.

Apart from the country’s beautiful sceneries and amazing beaches, what draws in all the interest of foreign investments are the numerous business opportunities, abundant resources, inexpensive workforce, a strategic location to China and favourable business environment.

Vietnam is the 14th largest country by population with 95 million people. By 2030, the population will further grow to 105 million people. When a country’s population is growing, it means that the demand of manufactured goods will rise as well. As the cost of labor has been increasing in China significantly, the huge population in Vietnam provides a cheaper alternative and greater skilled workforce.

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Insights

Real Estate

Vietnam’s Real Estate: Opportunities and Taxes

Within the ever-evolving sphere of Vietnam’s real estate, discerning foreign investors unearth abundant opportunities for property investment. As we delve into revenue sources and tax ...
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Real Estate

Real Estate in Ho Chi Minh City: Trends & Investments

Embarking on a strategic real estate journey in Ho Chi Minh City demands a keen understanding of its ever-evolving market. As prospective investors navigate this ...
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Real Estate

Hanoi Real Estate: Investment Insights and Growth Potential

Amidst the vibrant landscape of Hanoi, the realm of real estate unfolds with dynamic shifts and promising avenues. For potential investors, comprehending the intricacies of ...
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Invest

Securities Investment Funds: Fueling Vietnam’s Financial Market

Unlock the potential of Vietnam’s financial landscape with securities investment funds. As dynamic players in the market, these funds play a major role in fueling ...
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Vietnam

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Download our Latest Ebook about Real Estate and Property!

Real estate holds a pivotal position in the development of a country, not only via the spillover impacts on other economic sectors such as construction, manufacturing, tourism, finance and banking etc. but also affecting the social dynamic by mobilizing the residency and infrastructure system. Foreign direct investment in real estate (RFDI) in Vietnam has a long running history and is unique in that it is largely dominated by the private sector compared to other industries which usually still have a rather large Government involvement. International capital has consistently been selecting real estate as the destination of choice, given that RDI has always been in the top 2 and 3 for volume inflow over the last 10 years, even throughout extremely turbulent periods such as COVID-19, per the General Statistics Office of Vietnam’s (GSO) data. Find out more in this ebook edition.

Tải cuốn ebook mới nhất về nền kinh tế số Việt Nam!

The digital economy of Vietnam has been fueled and accelerated by the global digital trends and the pandemic Covid-19. The movement of digital transformation is underway in every corner of Vietnamese life, strongly influencing the way people do things. Digital economy is the future of the Vietnam economy. Realizing the potential of the digital economy, the Vietnam government has issued policies, guidelines and created legal frameworks to support and further enhance this economy. In this ebook edition, the digital economy is looked at from different angles. Perspectives from the key elements comprising Vietnam digital economy are examined and discovered.

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