NewsCase StudiesEvents

Doing Business In Vietnam

Also in the news...

Who is subject to financial sanctions in the UK?

A guide to the current consolidated list of asset freeze targets, and a list of persons named in relation to financial and investment restrictions under the Russia regulations

Homes for Ukraine visa sponsorship scheme: privacy notice

Homes for Ukraine visa sponsorship scheme: How we use personal data.

Check duties and customs procedures for exporting goods

Find information about how to move goods from the UK to the rest of the world.

Record-breaking £150bn investment unveiled during US State Visit

Record-breaking investment into the UK of £150 billon unveiled during historic US State Visit, boosting jobs and catapulting growth

US financial giants boost UK investments and jobs across London, Edinburgh, Belfast and Manchester

The Government has announced over £1.25 billion of inward investment from US finance companies, creating 1,800 UK jobs.

Doing Business In Vietnam

Back to News

Overseas investors in Vietnam remain committed to the country and it is not difficult to see why. With the third largest population in South East Asia, after Indonesia and the Philippines, and more than half of the population below the age of 30, Vietnam is a youthful and vibrant country with a developing culture of entrepreneurship, technological awareness and openness to new ideas.

With literacy rates of over 90%, the workforce is vast and well-educated. Employment costs are lower than in neighbouring countries and living standards are rising. Vietnam has made a remarkable recovery over the last few decades.

Vietnam became a member of the World Trade Organization (WTO) in 2007, which helped to secure domestic reforms and was requisite in the country’s progress towards becoming a market-orientated economy.

Vietnam is listed as one of UK Trade and Investment’s 20 high growth markets and the country offers a range of incentives to exporting UK companies. A member of Association of Southeast Asian Nations (ASEAN)and its free trade area, Vietnam is liberalising its economy and is predicted to become one of the top 10 fastest-growing economies within the next ten years.

Doing business guide Vietnam

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.