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Vietnam: Southeast Asia's Rising Star

Home to over 100 million people, Vietnam is experiencing explosive economic growth with 8% GDP expansion driving regional opportunities.

100M+
Population
8.02%
GDP Growth (2025)
10%+
Target Growth 2026
Young
Workforce Advantage
High
Manufacturing Powerhouse
Soon
Will Overtake Thailand GDP

Why Vietnam?

Fastest Growing Economy in SEA

Vietnam leads Southeast Asia in economic expansion, outpacing regional peers with consistent double-digit sector growth.

Massive Infrastructure Investment

26% increase in infrastructure spending driving transport, energy, and digital connectivity improvements across the nation.

Young Workforce

Over 60% of population under 35 years old, providing abundant skilled labor and innovative talent for growth sectors.

Manufacturing Shift from China

Companies relocating supply chains to Vietnam, creating unprecedented opportunities in electronics, textiles, and consumer goods.

Strong FDI Attraction

Consistent foreign direct investment inflows driven by competitive costs, strategic location, and government incentives.

Digital Economy Boom

Rapid e-commerce growth, fintech expansion, and tech startup ecosystem attracting regional and global investors.

Key Sectors

Manufacturing
Electronics
Digital Economy
Infrastructure
Logistics
Tourism

VietGrow Programme

by Firefish

Market Intelligence
Business Matching
Legal Setup
Go-to-Market Strategy
Ongoing Support

MRA Eligible

Quick Facts

Currency VND (Vietnamese Dong)
Language Vietnamese
Time Zone ICT (UTC+7)
Key Cities Ho Chi Minh City, Hanoi, Da Nang

Business Culture

Relationship-First Approach

Building trust and personal connections is fundamental to doing business in Vietnam. Take time to develop genuine relationships with partners.

Respect for Hierarchy

Vietnamese business culture values respect for authority and established hierarchies. Decision-making typically flows from senior leaders.

Patience and Timing

Business processes may move slowly. Patience is essential. Allow time for discussions, negotiations, and relationship building.

Harmony and Consensus

Vietnamese prefer harmonious outcomes and consensus-building. Avoid confrontation; approach negotiations collaboratively.

Personal Networking

Success often depends on who you know. Invest in networking events, social gatherings, and local community involvement.

Local Partnerships

Having a trusted local partner significantly accelerates market entry and navigates regulatory and cultural complexities.

How MRA Helps

Market Intelligence

Access curated data on Vietnam's sectors, competitive landscape, regulatory environment, and emerging opportunities.

Strategic Partnerships

Connect with vetted local partners, suppliers, and distributors to accelerate your market entry and operations.

Regulatory Navigation

Expert guidance through Vietnam's business registration, tax compliance, labor laws, and investment requirements.

Growth Support

Ongoing mentorship and resources to scale your operations, enter new markets, and optimize profitability in Vietnam.

Ready to Explore Vietnam?

Connect with our Vietnam specialists on WhatsApp for personalized guidance and support.

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