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INVEST IN VIETNAM

Vietnam at a glance

GENERAL
INFORMATION

YOUNG AND VAST
LABOR FORCE

15 th world population rank

68.9% labor force participation

32 median age

FREE TRADE AGREEMENT

ASEAN+5

Japan

South Korea

EU

UK

China

India

Australia

Trans-Pacific

GDP GROWTH PROJECTION 2023

“Vietnam is among
the fastest-growing
economies in a
Covid-19-ravaged year.”

  • + 6.5%
    Vietnam
ROBUST ECONOMIC GROWTH

+ 3.2% CPI

+ 10.6% export value

+ 13.5% FDI

+/- 5% USD/VND fluctuation rate in the last 5 years

CORPORATE INCOME TAX

Standard rate 20%
Incentive available in most industrial parks

  • + 5.7%
    Philippines
  • + 5.2%
    China
  • + 4.9%
    Indonesia
  • + 4.3%
    Malaysia
  • + 3.9%
    Thailand
COST SAVINGS
STABLE POLITICAL
ENVIRONMENT
  • + 2.6%
    Singapore

* Source: Trading Economics – World Bank – General Statistics Office – The Ministry of Finance – WTO Vietnam

GENERAL
INFORMATION

YOUNG AND VAST
LABOR FORCE

15 th world population rank

68.9% labor force participation

32 median age

FREE TRADE AGREEMENT

ASEAN

Japan

South Korea

EU

UK

China

India

Australia

Trans-Pacific

ROBUST ECONOMIC GROWTH

+ 3.2% CPI

+ 10.6% export value

+ 13.5% FDI

+/- 5% USD/VND fluctuation rate in the last 5 years

CORPORATE INCOME TAX

Standard rate 20%
Incentive available in most industrial parks

COST SAVINGS
STABLE POLITICAL
ENVIRONMENT
GDP GROWTH PROJECTION 2023

“Vietnam is among
the fastest-growing
economies in a
Covid-19-ravaged year.”

  • + 6.5%
    Vietnam
  • + 5.7%
    Philippines
  • + 5.2%
    China
  • + 4.9%
    Indonesia
  • + 4.3%
    Malaysia
  • + 3.9%
    Thailand
  • + 2.6%
    Singapore

* Source: Trading Economics – World Bank – General Statistics Office – The Ministry of Finance – WTO Vietnam

RAPID IMPROVEMENT
OF INFRASTRUCTURE

The North – Widening Expressway Network

  • 1 ICD My Dinh
  • 2 ICD Bac Ninh
  • 3 ICD Hai Duong
  • 1 Hai Phong Port
  • 2 Lach Huyen Port
  • 3 Cai Lan Port
  • 1 Noi Bai Airport
  • 2 Cat Bi Airport
  • 3 Van Don Airport
  • Hai Phong Port
    Complex
  • National Road 5
  • National Highway
  • Ha Noi - Hai Phong Expressway
  • Hai Phong - Ha Long Expressway
  • Ha Noi - Thai Nguyen Expressway
  • Ha Noi - Lao Cai Expressway
  • Ha Noi - Bac Giang Expressway
Rapid improvement of infrastructure to support investment in Vietnam - The North
The South – Widening Expressway Network
  • 1 ICD Truong Tho clusters
  • 2 ICD Song Than
  • 3 ICD Tan Van
  • 4 ICD Bien Hoa
  • 5 ICD Long Binh
  • 6 ICD Nhon Trach
  • 1 Tan Son Nhat Airport
  • 2 Long Thanh Int’l Airport
  • 1 Cat Lai Port
  • 2 Hiep Phuoc Port
  • 3 Thi Vai - Cai Mep Port
  • National Road 1A
  • National Road 13
  • National Road 51
  • East - West Boulevard
  • Provincial Road 769
  • Ring Road No.3
  • HCMC - Long Thanh - Dau Giay Expressway
  • My Phuoc - Tan Van Expressway
  • HCMC - Trung Luong Expressway
  • Trung Luong - My Thuan Expressway
  • Ben Luc - Long Thanh Expressway
Rapid improvement of infrastructure to support investment in Vietnam - Container ports in North, Central & South
Overview of Vietnam Manufacturing
Northern Key Economic Zone (NKEZ)
  • Ha Noi
  • Hai Phong
  • Bac Ninh
  • Hai Duong
  • Hung Yen
  • Vinh Phuc
  • Quang Ninh

Proximity to neighboring operations and low labor costs make the NKEZ ideal for manufacturers in search of new opportunities to invest in Vietnam and the region.

Northern Key Economic Zone (NKEZ)
  • Thua Thien - Hue
  • Da Nang
  • Quang Nam
  • Quang Ngai
  • Binh Dinh
Key industries focus on light industry projects.
Southern Key Economic Zone (SKEZ)
  • Ho Chi Minh City
  • Binh Duong
  • Dong Nai
  • Long An
  • Ba Ria - Vung Tau
  • Binh Phuoc
  • Tay Ninh
  • Tien Giang
Represent the core of the country’s industrial market and traditional sectors, including rubber, plastics, textiles and apparel. As the region’s economy is more diversified, SMEs prefer to invest here.
Container ports in North, Central & South

Port infrastructure development has served an important role in enhancing investment in Vietnam. Vietnam now has 44 seaports with a total capacity of 470 – 500 million tons per year. Major ports include Hai Phong, Da Nang, Quy Nhon and Ho Chi Minh City. Vietnam also has a number of smaller ports which takes the total number up to 320.